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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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  • Vona, Francesco & Consoli, Davide, 2009. "Innovation, human capital and earning distribution: towards a dynamic life-cycle approach," MPRA Paper 13032, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13032
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    Cited by:

    1. Andrea Filippetti & Frederick Guy, 2016. "Risk-taking, skill diversity, and the quality of human capital: how insurance affects innovation," Papers in Evolutionary Economic Geography (PEEG) 1625, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2016.
    2. 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.
    3. Francesco Vona & Giovanni Marin & Davide Consoli & David Popp, 2015. "Green Skills," NBER Working Papers 21116, National Bureau of Economic Research, Inc.
    4. Consoli, Davide & Rentocchini, Francesco, 2015. "A taxonomy of multi-industry labour force skills," Research Policy, Elsevier, vol. 44(5), pages 1116-1132.
    5. Davide Consoli & Francesco Vona & Francesco Rentocchini, 2016. "That was then, this is now: skills and routinization in the 2000s," Industrial and Corporate Change, Oxford University Press, vol. 25(5), pages 847-866.
    6. Davide Consoli & Pier Paolo Patrucco, 2011. "Complexity and the Coordination of Technological Knowledge: The Case of Innovation Platforms," Chapters, in: Handbook on the Economic Complexity of Technological Change, chapter 8 Edward Elgar Publishing.
    7. Martin Kalthaus, 2016. "Knowledge recombination along the technology life cycle," Jena Economic Research Papers 2016-012, Friedrich-Schiller-University Jena.
    8. Kokshagina, Olga & Gillier, Thomas & Cogez, Patrick & Le Masson, Pascal & Weil, Benoit, 2017. "Using innovation contests to promote the development of generic technologies," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 152-164.
    9. Fonseca, Tiago & Lima, Francisco & Pereira, Sonia C., 2018. "Understanding productivity dynamics: A task taxonomy approach," Research Policy, Elsevier, vol. 47(1), pages 289-304.
    10. Consoli, Davide & Elche-Hortelano, Dioni, 2010. "Variety in the knowledge base of Knowledge Intensive Business Services," Research Policy, Elsevier, vol. 39(10), pages 1303-1310, December.
    11. Maté Fodor, 2016. "Essays on Education, Wages and Technology," ULB Institutional Repository 2013/239691, ULB -- Universite Libre de Bruxelles.
    12. repec:kap:sbusec:v:49:y:2017:i:4:d:10.1007_s11187-017-9871-9 is not listed on IDEAS
    13. Davide Consoli & Pier Paolo Patrucco, 2011. "Complexity and the Coordination of Technological Knowledge: The Case of Innovation Platforms," Chapters,in: Handbook on the Economic Complexity of Technological Change, chapter 8 Edward Elgar Publishing.
    14. Marzucchi, Alberto & Montresor, Sandro, 2017. "Forms of knowledge and eco-innovation modes: Evidence from Spanish manufacturing firms," Ecological Economics, Elsevier, vol. 131(C), pages 208-221.
    15. Consoli, Davide & Marin, Giovanni & Marzucchi, Alberto & Vona, Francesco, 2016. "Do green jobs differ from non-green jobs in terms of skills and human capital?," Research Policy, Elsevier, pages 1046-1060.
    16. D’Ippolito, Beatrice & Miozzo, Marcela & Consoli, Davide, 2014. "Knowledge systematisation, reconfiguration and the organisation of firms and industry: The case of design," Research Policy, Elsevier, vol. 43(8), pages 1334-1352.
    17. Huasheng Zhu & Junwei Feng & Maojun Wang & Fan Xu, 2017. "Sustaining Regional Advantages in Manufacturing: Skill Accumulation of Rural–Urban Migrant Workers in the Coastal Area of China," Sustainability, MDPI, Open Access Journal, vol. 9(1), pages 1-23, January.
    18. 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.
    19. D’Ippolito,Beatrice & Miozzo,Marcela & Consoli,Davide, 2012. "Knowledge systematisation and the development of a business function: the case of design," INGENIO (CSIC-UPV) Working Paper Series 201202, INGENIO (CSIC-UPV), revised 30 May 2012.
    20. Huasheng Zhu & Kelly Wanjing Chen & Juncheng Dai, 2016. "Beyond Apprenticeship: Knowledge Brokers and Sustainability of Apprentice-Based Clusters," Sustainability, MDPI, Open Access Journal, vol. 8(12), pages 1-17, December.
    21. Nicol˜ Barbieri, Davide Consoli & Davide Consoli, 2017. "Regional diversification and green employment in US Metropolitan Areas," Papers in Evolutionary Economic Geography (PEEG) 1727, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Oct 2017.
    22. Davide Consoli & Mabel Sánchez-Barrioluengo, 2016. "Polarization and the growth of low-skill employment in Spanish Local Labor Markets," Papers in Evolutionary Economic Geography (PEEG) 1628, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Nov 2016.
    23. 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).

    More about this item

    Keywords

    Innovation; Human Capital; Earning Distribution;

    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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