Innovation and the Labor Market: Theory, Evidence and Challenges

Nicoletta Corrocher, Daniele Moschella (), Jacopo Staccioli and Marco Vivarelli ()
Additional contact information
Daniele Moschella: Institute of Economics, Scuola Superiore Sant’Anna, Pisa, Italy

No dipe0033, DISCE - Working Papers del Dipartimento di Politica Economica from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)

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 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.

Keywords: Innovation; Technological Change; Skills; Wages; Technological Unemployment (search for similar items in EconPapers)
JEL-codes: O33 (search for similar items in EconPapers)
Pages: 37
Date: 2023-06
New Economics Papers: this item is included in nep-lma and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://dipartimenti.unicatt.it/politica-economica-DIPE0033.pdf First version, 2023 (application/pdf)

Related works:
Journal Article: Innovation and the labor market: theory, evidence, and challenges (2024)
Working Paper: Innovation and the Labor Market: Theory, Evidence and Challenges (2023)
Working Paper: Innovation and the Labor Market: Theory, Evidence and Challenges (2023)
Working Paper: Innovation and the Labor Market: Theory, Evidence and Challenges (2023)
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