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This work addresses the role of inter-sectoral innovation flows, which we frame as technological interdependencies, in determining sectoral employment dynamics. This purpose is achieved through the construction of an indicator capturing the amount of R&D expenditures embodied in the backward...
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The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle...
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Computing capability continues to expand at a breakneck pace. New technologies are permeating the economy at an increasing rate. Machines are becoming capable of performing jobs previously solely performed by people due to digitization and automation. Manufacturing processes and organizations...
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