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In the human capital model with perfect labor markets, firms never invest in general skills and all costs of general training are borne by workers. When labor market frictions compress the structure of wages, firms may pay for these investments. The distortion in the wage structure turns...
Persistent link: https://www.econbiz.de/10014194939
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10010264329
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012005993
Die vorliegende Studie wurde im Arbeitsbereich Humankapital und Innovation erstellt und im Dezember 2010 abgeschlossen …
Persistent link: https://www.econbiz.de/10011698335
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers' knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10013316553
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012001438
Die vorliegende Studie wurde im Arbeitsbereich Humankapital und Innovation erstellt und im Dezember 2010 abgeschlossen …
Persistent link: https://www.econbiz.de/10011747621
Die vorliegende Studie wurde im Arbeitsbereich Humankapital und Innovation erstellt und im Dezember 2010 abgeschlossen …
Persistent link: https://www.econbiz.de/10009323304
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in …Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … incumbent workers’ knowledge, based on experience, and knowledge about the latest technologies, along with the skills needed to …
Persistent link: https://www.econbiz.de/10005185014