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
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: J24 D8 O31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev, nep-edu, nep-hrm, nep-ino, nep-knm and nep-lab
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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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