The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies
This paper investigates the impact of technological innovation associated with the Fourth Industrial Revolution (4IR) on the wage levels of firms based on longitudinal firm-patent data in 27 OECD countries. The study finds that 4IR technological innovations raise firm wage levels, and this wage-boos...
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| Materialtyp: | Journal article |
| Språk: | English |
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Superior De Boeck
2020
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| Sammanfattning: | This paper investigates the impact of technological innovation associated with the Fourth Industrial Revolution (4IR) on the wage levels of firms based on longitudinal firm-patent data
in 27 OECD countries. The study finds that 4IR technological innovations raise firm wage levels, and this wage-boosting effect is stronger than that generated by non-4IR innovations. We also find evidence that the wage-boosting effect only appears amongst firms in high technology sectors or firms innovating in core technologies.
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