TY - RPRT AU - Corrocher, Nicoletta AU - Moschella, Daniele AU - Staccioli, Jacopo AU - Vivarelli, Marco TI - Innovation and the Labor Market: Theory, Evidence and Challenges PY - 2023/May/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 16199 UR - https://www.iza.org/publications/dp16199 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 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 - skills KW - technological change KW - innovation KW - wages KW - technological unemployment ER -