Innovation and the labor market: theory, evidence, and challenges-Reference-Cited by-同舟云学术

Innovation and the labor market: theory, evidence, and challenges

Published:2023-11-17 Issue: Volume: Page:
ISSN:0960-6491
Container-title:Industrial and Corporate Change
language:en
Short-container-title:

Author:

Corrocher Nicoletta¹,Moschella Daniele²,Staccioli Jacopo³²,Vivarelli Marco³⁴⁵

Affiliation:

1. ICRIOS, Bocconi University, Via G. Roentgen, 1, Milan 20136, Italy. e-mail: nicoletta.corrocher@unibocconi.it

2. Institute of Economics, Sant’Anna School of Advanced Studies , Piazza Martiri della Libertà 33, Pisa 56100, Italy . e-mail: daniele.moschella@santannapisa.it ; e-mail: jacopo.staccioli@unicatt.it

3. Department of Economic Policy, Catholic University of the Sacred Heart , Largo Fra Agostino Gemelli, 1, Milan 20123, Italy . e-mail: jacopo.staccioli@unicatt.it ; e-mail: marco.vivarelli@unicatt.it

4. Maastricht Economic and Social Research Institute on Innovation and Technology, UNU-MERIT , Boschstraat 24, Maastricht 6211 AX, The Netherlands . e-mail: marco.vivarelli@unicatt.it

5. Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA) , Schaumburg-Lippe-Strasse 5-9, Bonn 53113, Germany . e-mail: marco.vivarelli@unicatt.it

Abstract

AbstractThis paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new technological advancements on overall employment, skills, and wages. After a critical review of the extant literature and the available empirical studies, novel evidence is presented on the distribution of labor-saving automation [namely robotics and artificial intelligence (AI)], based on natural language processing of US patents. This mapping shows that both upstream high-tech providers and downstream users of new technologies—such as Boeing and Amazon—lead the underlying innovative effort.

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics,General Economics, Econometrics and Finance,Management of Technology and Innovation

Link

https://academic.oup.com/icc/advance-article-pdf/doi/10.1093/icc/dtad066/53484086/dtad066.pdf

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