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of the empirical findings on the economic impacts of diversity on innovation, productivity, and the labour market. It …
Persistent link: https://www.econbiz.de/10012517843
We investigate the causes and consequences of the aging of the scientific workforce. Using novel data on the population of US chemistry faculty members over fifty years, we find that the secular increase in the age of the academic workforce has been mainly driven by the slowdown in faculty...
Persistent link: https://www.econbiz.de/10014326208
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms …' human capital investments and innovation performance, the Canadian longitudinal linked employer-employee data from 1999 … training leads to more product and process innovation, with on-the-job training playing a role that is as important as …
Persistent link: https://www.econbiz.de/10010409776
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and … innovation can be very large, as demonstrated by aggregate flow of clinical trials increasing by 38% in 2020, with limited … economists are naturally in favor of market size as a driving force for innovation (i.e."if the market size is sufficiently large …
Persistent link: https://www.econbiz.de/10012430944
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10011993083
function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
Using data from CHIPS 1995-2013, we find polarization of employment from middle-income Skilled jobs to work in the Unskilled and Self-Employment job categories. This redistribution of employment is consistent with the automation of routine noncognitive tasks in the skilled sector as analyzed in...
Persistent link: https://www.econbiz.de/10011871361
Persistent link: https://www.econbiz.de/10013197948