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This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new technological advancements on overall employment, skills and wages. After a critical review of the extant literature and the available empirical studies, novel evidence is...
Persistent link: https://www.econbiz.de/10014541780
Artificial intelligence (AI) is emerging as a transformative innovation with the potential to drive significant economic growth and productivity gains. This study examines whether AI is initiating a technological revolution, signifying a new technological paradigm, using the perspective of...
Persistent link: https://www.econbiz.de/10014632133
In this paper we integrate the insights of the Knowledge Spillover Theory of Entrepreneurship and Innovation (KSTE+I) with Schumpeter's idea that innovative entrepreneurs creatively apply available local knowledge, possibly mediated by Marshallian, Jacobian and Porter spillovers. In more detail,...
Persistent link: https://www.econbiz.de/10014637018
Recent empirical literature has introduced the "kill Biased Organizational Change" hypothesis, according to which organizational change can be considered as one of the main causes of the skill bias (increase in the number of highly skiled workers) exhibited by manufacturing employment in...
Persistent link: https://www.econbiz.de/10010261484
This study explicitly takes into account that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, permits the joint analysis of the determinants of the two decisions and...
Persistent link: https://www.econbiz.de/10010261486
According to Gibrat' Law of Proportionate Effect, the growth rate of a given firm is independent of its size at the beginning of the period examined. In contrast to the previous literature on the subject, this paper seeks to test the Law by taking account of both the entry process and the role...
Persistent link: https://www.econbiz.de/10010261494
Previous empirical literature has shown that technological change can be considered the main cause of the skill bias (increase in the number of highly skilled workers) exhibited by manufacturing employment in developed countries over the last decades. However, recent papers have also introduced...
Persistent link: https://www.econbiz.de/10010261639
The microeconomic empirical literature devoted to the link between innovation and employment tends to suggest that technological change has a positive effect on jobs, at least at the level of the firm. The main purpose of this paper is to see whether this result still holds in a situation where...
Persistent link: https://www.econbiz.de/10010261953
We draw on a dynamical two-sector model and on a calibration exercise to study the impact of a skill-biased technological shock on the growth path and income distribution of a developing economy. The model builds on the theoretical framework developed by Silverberg and Verspagen (1995) and on...
Persistent link: https://www.econbiz.de/10010261973
This paper discusses the determinants of three alternative measures of innovative output by looking at firm's own formal R and D activities and at the acquisition of external technology (TA) in its embodied and disembodied components. These input-output relationships are also discussed by...
Persistent link: https://www.econbiz.de/10010263555