The relationship between innovation and employment: firm-level effects and a value chain framework

Historically, sharp contradictions have marked the discussion about the effects of innovation on unemployment. It is easy to see that new industries created a large number of jobs. Autor (2015) argues that, historically, new industries have hired far more people than they have put out of work. Altho...

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Detalles Bibliográficos
Autor: Arenas Díaz, Guillermo
Tipo de recurso: tesis doctoral
Fecha de publicación:2022
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/3449
Acceso en línea:https://hdl.handle.net/20.500.14352/3449
Access Level:acceso abierto
Palabra clave:331.5(043.2)
Employment (Economic theory)
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Sumario:Historically, sharp contradictions have marked the discussion about the effects of innovation on unemployment. It is easy to see that new industries created a large number of jobs. Autor (2015) argues that, historically, new industries have hired far more people than they have put out of work. Although follow the Schumpeter's (1947) idea of creative destruction jobs frequently associated with process innovation are destroyed, but at the same time, others generally related to product innovation are created (see Vivarelli, 2014). The creative destruction theory also applies to the types of workers. Innovation often negatively affects the demand for unskilled work, but it is complementary with skilled workers, according to Skill-Biased Technology Change (SBTC).Nowadays, robotization generates an intense debate on employment effects. It allows, in conjunction with artificial intelligence, a substantial intensification of the automation process and therefore implies a drastic impact on labor productivity, generating a different effect on overall employment demand (Acemoglu & Restrepo, 2017; Arntz, Gregory, & Zierahn, 2017; Dorn, 2015). However, these studies do not take into account the potential positive effects of the introduction of new products, which could generate new markets and stimulate employment again...