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Distorted Innovation : Does the Market Get the Direction of Technology Right?
Acemoglu, Daron - National Bureau of Economic Research - 2023
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
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Productivity, innovation, and knowledge in services : new economic and socio-economic approaches
Gallouj, Fai͏̈z (contributor); Gadrey, Jean (contributor) - 2002
relationships between services, production and innovation. The authors discuss the limitations of current theories to explain … service productivity and innovation, and call for a conceptual re-working of the ways in which these are measured. They also … highlight the important role of knowledge in the production system and in doing so make an important contribution to a key …
Persistent link: https://www.econbiz.de/10011851223
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The genesis of innovation : systemic linkages between knowledge and the market
Laperche, Blandine (contributor);  … - 2008
pt. 1. Core linkages in the genesis of innovation: the knowledge dimension -- pt. 2. Military-based innovation networks …The genesis and diffusion of innovation depends upon the density of the cognitive and market relationships among … economic and social origins of innovation …
Persistent link: https://www.econbiz.de/10011851224
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Innovation, growth, and social cohesion : the Danish model
Lundvall, Bengt-Åke - 2002
1. The objective : to stimulate a knowledge-based debate about innovation policy -- 2. Innovation -- 3. The innovation … learning economy -- 8. The learning organization -- 9. Knowledge intensity and knowledge flows in the Danish innovation system …Written by the scholar who, together with Chris Freeman, first introduced the concept of the innovation system, this …
Persistent link: https://www.econbiz.de/10011851756
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The Labor Market Impacts of Technological Change : From Unbridled Enthusiasm to Qualified Optimism to Vast Uncertainty
Autor, David H. - National Bureau of Economic Research - 2022
This review considers the evolution of economic thinking on the relationship between digital technology and inequality across four decades, encompassing four related but intellectually distinct paradigms, which I refer to as the education race, the task polarization model, the...
Persistent link: https://www.econbiz.de/10013210102
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Scenarios for the Transition to AGI
Korinek, Anton; Suh, Donghyun - National Bureau of Economic Research - 2024
We analyze how output and wages behave under different scenarios for technological progress that may culminate in Artificial General Intelligence (AGI), defined as the ability of AI systems to perform all tasks that humans can perform. We assume that human work can be decomposed into atomistic...
Persistent link: https://www.econbiz.de/10014512109
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The Simple Macroeconomics of AI
Acemoglu, Daron - National Bureau of Economic Research - 2024
This paper evaluates claims about large macroeconomic implications of new advances in AI. It starts from a task-based model of AI's effects, working through automation and task complementarities. So long as AI's microeconomic effects are driven by cost savings/productivity improvements at the...
Persistent link: https://www.econbiz.de/10014544765
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Robots and Workers : Evidence from the Netherlands
Acemoglu, Daron; Koster, Hans; Ozgen, Ceren - National Bureau of Economic Research - 2023
We estimate the effects of robot adoption on firm-level and worker-level outcomes in the Netherlands using a large employer-employee panel dataset spanning 2009-2020. Our firm-level results confirm previous findings, with positive effects on value added and hours worked for robot-adopting firms...
Persistent link: https://www.econbiz.de/10014247929
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Technology and Labor Displacement : Evidence from Linking Patents with Worker-Level Data
Kogan, Leonid; Papanikolaou, Dimitris; Schmidt, Lawrence; … - National Bureau of Economic Research - 2023
We develop measures of labor-saving and labor-augmenting technology exposure using textual analysis of patents and job tasks. Using US administrative data, we show that both measures negatively predict earnings growth of individual incumbent workers. While labor-saving technologies predict...
Persistent link: https://www.econbiz.de/10014436977
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New Frontiers : The Origins and Content of New Work, 1940–2018
Autor, David H.; Chin, Caroline; Salomons, Anna M.; … - National Bureau of Economic Research - 2022
We address three core questions about the hypothesized role of newly emerging job categories ('new work') in counterbalancing the erosive effect of task-displacing automation on labor demand: what is the substantive content of new work; where does it come from; and what effect does it have on...
Persistent link: https://www.econbiz.de/10013362043