%0 Report %A Corrocher, Nicoletta %A Moschella, Daniele %A Staccioli, Jacopo %A Vivarelli, Marco %T Innovation and the Labor Market: Theory, Evidence and Challenges %D 2023 %8 2023 May %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 16199 %U https://www.iza.org/publications/dp16199 %X 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 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. %K skills %K technological change %K innovation %K wages %K technological unemployment