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Innovation and the labor market: theory, evidence, and challenges

Author

Listed:
  • Nicoletta Corrocher
  • Daniele Moschella
  • Jacopo Staccioli
  • Marco Vivarelli

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 artificial intelligence (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

  • Nicoletta Corrocher & Daniele Moschella & Jacopo Staccioli & Marco Vivarelli, 2024. "Innovation and the labor market: theory, evidence, and challenges," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 33(3), pages 519-540.
    • Handle: RePEc:oup:indcch:v:33:y:2024:i:3:p:519-540.
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    File URL: http://hdl.handle.net/10.1093/icc/dtad066
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    Cited by:

    1. Dario Guarascio & Alessandro Piccirillo & Jelena Reljic, 2024. "Will robot replace workers? Assessing the impact of robots on employment and wages with meta-analysis," LEM Papers Series 2024/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Jacopo Staccioli & Maria Enrica Virgillito, 2025. "Will your boss be an algorithm? A patent-based analysis of artificial intelligence worker management technologies and labour exposure," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 15(4), pages 1003-1033, December.
    3. Julian Tiedtke, 2025. "Automation, Firm Size and Skill Groups," LEM Papers Series 2025/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

    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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