The ongoing shift from traditional internal combustion engine vehicles (ICEVs) to electric vehicles (EVs) has raised questions about whether this transition will be economically as well as environmentally sustainable. In particular, one concern is the impact on manufacturing labor. Prior studies...

The extent to which domestic industrial capabilities are essential in contributing to a Nations’ prosperity and national well being is the topic of long-standing debate. On the one hand, globalization and production outsourcing can lead to greater productivity, lower product costs, and gains...

We measure the labor-demand effects of two simultaneous forms of technological change—automation of production processes and consolidation of parts. We collect detailed shop-floor data from four semiconductor firms with different levels of automation and consolidation. Using the O*NET survey...

Institutional support can play an important role in supplementing private investment in innovative activities, especially in latecomer countries. This prospect can be particularly challenging in nations not leading the technological frontier, which suffer from higher resource scarcity than...

From its 1958 origin in defense, the Advanced Research Projects Agency (ARPA) model for research funding has, in the last two decades, spread to other parts of the US federal government with the goal of developing radically new technologies. In this paper, we propose that the key elements of the...

Commercializing an emerging technology that employs an immature production process can be challenging, particularly when there are many different sources of uncertainty. In industries with stringent safety requirement, regulatory interventions that ensure safety while maintaining incentives for...