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- Title
Innovation and the labor market: theory, evidence, and challenges.
- Authors
Corrocher, Nicoletta; Moschella, Daniele; Staccioli, Jacopo; 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 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.
- Subjects
AMAZON.COM Inc.; BOEING Co.; LABOR market; NATURAL language processing; MARKETING theory; TECHNOLOGICAL innovations; ARTIFICIAL intelligence
- Publication
Industrial & Corporate Change, 2024, Vol 33, Issue 3, p519
- ISSN
0960-6491
- Publication type
Article
- DOI
10.1093/icc/dtad066