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This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …
Persistent link: https://www.econbiz.de/10011288522
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …
Persistent link: https://www.econbiz.de/10013016346
This paper critically discusses the theoretical and empirical literature on the quantitative and qualitative employment impact of technological change, compares the relative explanatory power of the competing theories, and explains in detail the macro and micro evidence on the issue, with...
Persistent link: https://www.econbiz.de/10010282387
in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of … new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by … impede them. Policies should maximize the job-creation effect of product innovation and minimize the direct labor …
Persistent link: https://www.econbiz.de/10011431678
Persistent link: https://www.econbiz.de/10010371967
innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …
Persistent link: https://www.econbiz.de/10012517502
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …
Persistent link: https://www.econbiz.de/10011580909
In this paper we assess the job creation effect of R&D expenditures, using a unique longitudinal database of 677 European companies over the period 1990-2008. We estimate a dynamic labour demand specification using a Least Squares Dummy Variable Corrected (LSDVC) technique. The labour-friendly...
Persistent link: https://www.econbiz.de/10011982194
The present technological revolution, characterized by the pervasive and growing presence of robots, automation, Artificial Intelligence and machine learning, is going to transform societies and economic systems. However, this is not the first technological revolution humankind has been facing,...
Persistent link: https://www.econbiz.de/10012116763
According to the compensation theory, market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...
Persistent link: https://www.econbiz.de/10010267790