Innovation, human capital and earning distribution: towards a dynamic life-cycle approach

Francesco Vona and Davide Consoli

MPRA Paper from University Library of Munich, Germany

Abstract: Empirical anomalies in the dynamics of earnings following the emergence of new ICT technologies are not consistent with various re-elaborations of the human capital theory. The first part of the paper reviews critically this literature and highlights an important gap concerning the role of institutional infrastructures for the systematisation and diffusion of new knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and indicates interesting implications for innovation and educational policies.

Keywords: Innovation; Human Capital; Earning Distribution (search for similar items in EconPapers)
JEL-codes: D8 J24 O31 (search for similar items in EconPapers)
Date: 2009-01-27
New Economics Papers: this item is included in nep-dev, nep-edu, nep-hrm, nep-ino, nep-knm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Innovation and skill dynamics: a life - cycle approach (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13032

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