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Innovation, human capital and earning distribution: towards a dynamic life-cycle approach

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  • Vona, Francesco
  • Consoli, Davide

Abstract

Empirical anomalies in the dynamics of earnings following the emergence of new ICT technologies are not consistent with various re-elaborations of the human capital theory. The first part of the paper reviews critically this literature and highlights an important gap concerning the role of institutional infrastructures for the systematisation and diffusion of new knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and indicates interesting implications for innovation and educational policies.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13032.

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Date of creation: 27 Jan 2009
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Handle: RePEc:pra:mprapa:13032

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Keywords: Innovation; Human Capital; Earning Distribution;

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Citations

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Cited by:
  1. Davide Consoli & Dioni Elche, 2013. "The evolving knowledge base of professional service sectors," Journal of Evolutionary Economics, Springer, vol. 23(2), pages 477-501, April.
  2. Consoli,Davide & Elche,Dioni, 2014. "An analysis of the knowledge base of Scientific Research & Development Business Services," INGENIO (CSIC-UPV) Working Paper Series 201401, INGENIO (CSIC-UPV).
  3. Davide Consoli & Francesco Vona & Toni Saarivirta, 2013. "Analysis of the Graduate Labour Market in Finland: Spatial Agglomeration and Skill--Job Match," Regional Studies, Taylor & Francis Journals, vol. 47(10), pages 1634-1652, November.
  4. Beatrice D'Ippolito & Marcela Miozzo & Davide Consoli, 2013. "Knowledge Systematisation and the Development of a Business Function: The Case of Design," DRUID Working Papers 13-06, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  5. Consoli,Davide & Vona,Francesco & Rentocchini,Francesco, 2014. "That was then, this is now: Skills and Routinization in the 2000s," INGENIO (CSIC-UPV) Working Paper Series 201306, INGENIO (CSIC-UPV).

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