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Innovation and the labor market

Author

Listed:
  • Corrocher, Nicoletta
  • Moschella, Daniele
  • Staccioli, J.
  • Vivarelli, Marco

Abstract

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 presented on the distribution of labor-saving automation (namely robotics and AI), based on natural language processing of US patents. This mapping shows that both upstream high-tech providers and downstream users of new technologies—such as Boeing and Amazon—lead the underlying innovative effort.

Suggested Citation

  • Corrocher, Nicoletta & Moschella, Daniele & Staccioli, J. & Vivarelli, Marco, 2023. "Innovation and the labor market," MERIT Working Papers 2023-021, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2023021
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    File URL: https://cris.maastrichtuniversity.nl/ws/files/139061606/wp2023_021.pdf
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    More about this item

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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