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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| Format: | Journal article |
| Language: | English |
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Superior De Boeck
2020
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| _version_ | 1826288862904713216 |
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| author | Li, S Shi, L Fu, X |
| author_facet | Li, S Shi, L Fu, X |
| author_sort | Li, S |
| collection | OXFORD |
| description | 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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| first_indexed | 2024-03-07T02:20:08Z |
| format | Journal article |
| id | oxford-uuid:a3a1e908-5ab4-4c68-9f07-fa43c0969e0a |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T02:20:08Z |
| publishDate | 2020 |
| publisher | Superior De Boeck |
| record_format | dspace |
| spelling | oxford-uuid:a3a1e908-5ab4-4c68-9f07-fa43c0969e0a2022-03-27T02:28:23ZThe fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economiesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:a3a1e908-5ab4-4c68-9f07-fa43c0969e0aEnglishSymplectic ElementsSuperior De Boeck2020Li, SShi, LFu, XThis 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. |
| spellingShingle | Li, S Shi, L Fu, X The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title | The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title_full | The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title_fullStr | The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title_full_unstemmed | The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title_short | The fourth industrial revolution, technology innovation and firm wages: empirical evidence from OECD economies |
| title_sort | fourth industrial revolution technology innovation and firm wages empirical evidence from oecd economies |
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