Template-Type: ReDIF-Paper 1.0
Author-Name: Marco Vivarelli
Author-X-Name-First: Marco
Author-X-Name-Last: Vivarelli
Author-Email: marco.vivarelli@unicatt.it
Author-Workplace-Name: Dipartimento di Politica Economica, DISCE, Università Cattolica del Sacro Cuore – UNU-MERIT, Maastricht, The Netherlands – IZA, Bonn, Germany
Title: Innovation and employment: a short update
Abstract: This note explores the theoretical and empirical literature on the link between innovation and employment, investigated at the macro, sectoral and micro level. While economic theory cannot provide a clear answer to the question whether new technologies are labor-saving or labor-friendly, most of the empirical studies point to a positive relationship between innovation and employment. Yet, this effect turns out to be small in magnitude and limited to product innovation and high-tech sectors, while labor saving impacts can be detected in the downstream more traditional sectors and firms. 
Length: 18
Creation-Date: 2022-01
File-URL: http://dipartimenti.unicatt.it/politica-economica-DIPE0024.pdf
File-Format: Application/pdf
File-Function: First version, 2022
Number: dipe0024
Classification-JEL: O33
Keywords: Innovation, technological change, employment, job-creation,job-destruction, technological unemployment
Handle: RePEc:ctc:serie5:dipe0024