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

Authors :
Corrocher, Nicoletta
Moschella, Daniele
Staccioli, Jacopo
Vivarelli, Marco
Source :
Industrial & Corporate Change; Jun2024, Vol. 33 Issue 3, p519-540, 22p
Publication Year :
2024

Abstract

This 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. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09606491
Volume :
33
Issue :
3
Database :
Complementary Index
Journal :
Industrial & Corporate Change
Publication Type :
Academic Journal
Accession number :
177084660
Full Text :
https://doi.org/10.1093/icc/dtad066