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A multi-dimensional approach to happiness and innovation

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  • Luigi Aldieri
  • Bruna Bruno
  • Concetto Paolo Vinci

Abstract

In this paper, we start to address the lack of research into the relationship between innovation and subjective wellbeing (SWB). We focus on four channels by which innovation may influence SWB, namely income, use of ICT technologies, inequality and unemployment, synthesizing them into a conceptual framework. This framework constitutes the foundation for our theoretical model and empirical investigation of the relationship between innovation and SWB. As previous literature shows, the impact of innovation on SWB through these four channels is mostly negative. Analysis of panel data from eight European countries over the period 1980–201$ on the effects of technological innovation, measured in terms of patents, on population wellbeing confirms the negative impact of innovation on SWB. The analysis has policy implications, because it provides improved estimates of the contribution of innovation to collective wellbeing.

Suggested Citation

  • Luigi Aldieri & Bruna Bruno & Concetto Paolo Vinci, 2021. "A multi-dimensional approach to happiness and innovation," Applied Economics, Taylor & Francis Journals, vol. 53(11), pages 1300-1310, March.
    • Handle: RePEc:taf:applec:v:53:y:2021:i:11:p:1300-1310
    DOI: 10.1080/00036846.2020.1828807
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    Cited by:

    1. Giacomo Degli Antoni & Chiara Franco, 2022. "The effect of technological behaviour and beliefs on subjective well-being: the role of technological infrastructure," Journal of Evolutionary Economics, Springer, vol. 32(2), pages 553-590, April.
    2. Alice Falchi & Gilles Grolleau & Naoufel Mzoughi & Sanja Pekovic, 2023. "Eco-innovations and Job Satisfaction: A Moderated Mediation Approach," Post-Print hal-04198163, HAL.
    3. Ardanaz, Martin & Otálvaro-Ramírez, Susana & Scartascini, Carlos, 2023. "Does information about citizen participation initiatives increase political trust?," World Development, Elsevier, vol. 162(C).
    4. Ardanaz, Martín & Otálvaro-Ramírez, Susana & Scartascini, Carlos, 2022. "Does Citizen Participation in Budget Allocation Pay? A Survey Experiment on Political Trust and Participatory Governance," IDB Publications (Working Papers) 12256, Inter-American Development Bank.

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