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

Nicoletta Corrocher, Daniele Moschella, Jacopo Staccioli and Marco Vivarelli ()

Industrial and Corporate Change, 2024, vol. 33, issue 3, 519-540

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.

Date: 2024
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Related works:
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)
Working Paper: Innovation and the Labor Market: Theory, Evidence and Challenges (2023)
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