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...

Полное описание

Библиографические подробности
Главные авторы: Li, S, Shi, L, Fu, X
Формат: Journal article
Язык:English
Опубликовано: Superior De Boeck 2020
Описание
Итог: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.