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Innovation and Skill Dynamics: A Life-cycle Approach

Author

Listed:
  • Davide Consoli

    (INGENIO - Instituto de Gestión de la Innovación y del Conocimiento = Institute of Innovation and Knowledge Management - CSIC - Consejo Superior de Investigaciones Cientificas = Spanish National Research Council - UPV - Universitat Politècnica de València = Universitad Politecnica de Valencia = Polytechnic University of Valencia)

  • Francesco Vona

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

This article focuses on the institutional adjustments that facilitate the routinization of technological opportunities. We propose a life-cycle approach that accounts for the emergence, development, and transformation of new knowledge with special emphasis on the role of adaptive educational and training systems for the diffusion of skills that complement new technology. The article reconciles two empirical phenomena associated with radical technological breakthroughs: changes in the skill content within occupations and the process of knowledge systematization underpinning the adaptation of education and training. We claim that systematization is a crucial, but largely overlooked, element in the study of skill mismatches, inequalities, and successful takeoff of new technologies.

Suggested Citation

  • Davide Consoli & Francesco Vona, 2014. "Innovation and Skill Dynamics: A Life-cycle Approach," Post-Print hal-03399319, HAL.
  • Handle: RePEc:hal:journl:hal-03399319
    DOI: 10.1093/icc/dtu028
    as

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    Keywords

    Innovation and skill dynamics; Education institution; Supply of skill;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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