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

Nicoletta Corrocher; Daniele Moschella; Jacopo Staccioli; Marco Vivarelli

doi:10.1093/icc/dtad066

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

Nicoletta Corrocher
, Daniele Moschella
, Jacopo Staccioli
, Marco Vivarelli^*

^*Corresponding author

Research output: Contribution to journal › Article

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.

Original language	English
Pages (from-to)	519-540
Number of pages	22
Journal	Industrial and Corporate Change
Volume	33
DOIs	https://doi.org/10.1093/icc/dtad066
Publication status	Published - 2024

Keywords

Artificial Intelligence
Patents full-text
Robotics
Work and occupations

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10.1093/icc/dtad066

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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.",

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author = "Nicoletta Corrocher and Daniele Moschella and Jacopo Staccioli and Marco Vivarelli",

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AU - Staccioli, Jacopo

AU - Vivarelli, Marco

PY - 2024

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AB - 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.

KW - Artificial Intelligence

KW - Patents full-text

KW - Robotics

KW - Work and occupations

KW - Artificial Intelligence

KW - Patents full-text

KW - Robotics

KW - Work and occupations

UR - http://hdl.handle.net/10807/292956

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VL - 33

SP - 519

EP - 540

JO - Industrial and Corporate Change

JF - Industrial and Corporate Change

ER -

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

Abstract

Keywords

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