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Investing in Innovation and Skills: Thriving through Global Value Chains

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  • Luca Marcolin
  • Mariagrazia Squicciarini

Abstract

This paper investigates empirically the interplay between participation and positioning in global value chains (GVCs), employment demand and supply and workforce’s skills endowment. Results touch upon the way innovation, technology and participation in GVCs shape employment in routine intensive and non-routine jobs; the relationship between participation in GVCs and polarisation of employment; the way the skill composition of a country’s workforce – both the type of skills and their distribution – shapes specialisation and positioning along GVCs; and the complementarities emerging between GVC participation and investment in knowledge-based capital, especially organisational capital and ICT.

Suggested Citation

  • Luca Marcolin & Mariagrazia Squicciarini, 2018. "Investing in Innovation and Skills: Thriving through Global Value Chains," Review of Economics and Institutions, Università di Perugia, vol. 9(1).
  • Handle: RePEc:pia:review:v:9:y:2018:i:1:n:1
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    Cited by:

    1. Filippo Bontadini & Rinaldo Evangelista & Valentina Meliciani & Maria Savona, 2021. "Asymmetries in Global Value Chain Integration, Technology and Employment Structures in Europe: Country and Sectoral Evidence," CESifo Working Paper Series 9438, CESifo.

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    More about this item

    Keywords

    Global Value Chains; Labor Demand; Skills; Intangible Assets;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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