Investing in Innovation and Skills: Thriving through Global Value Chains
Luca Marcolin and
Mariagrazia Squicciarini ()
Review of Economics and Institutions, 2018, vol. 9, issue 1
This paper investigates empirically the interplay between participation and positioning in global value chains (GVCs), employment demand and supply and workforceâ€™s skills endowment. Results touch upon the way innovation, technology and participation in GVCs shape employment in routine intensive and non-routine jobs; the relationship between participation in GVCs and polarisation of employment; the way the skill composition of a countryâ€™s workforce â€“ both the type of skills and their distribution â€“ shapes specialisation and positioning along GVCs; and the complementarities emerging between GVC participation and investment in knowledge-based capital, especially organisational capital and ICT.
Keywords: Global Value Chains; Labor Demand; Skills; Intangible Assets (search for similar items in EconPapers)
JEL-codes: J20 O33 F16 F66 E22 L23 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pia:review:v:9:y:2018:i:1:n:1
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