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Entrepeneurship Innovation

May the AI Revolution Be Labour Friendly?

IST Alameda Campus, Room VA3 and online via Zoom |

As part of CEGIST's seminar cycle, we are proud to announce that Prof. Marco Vivarelli (Università Cattolica del Sacro Cuore in Milan, Italy) will present the work "May the AI Revolution Be Labour Friendly?"

This seminar will take place on September 13 at 11h00. The seminar will be in a hybrid format with:

Our seminars are free to attend and open to everyone. Please share with whomever may be interested.

Marco Vivarelli
Marco Vivarelli

 


Summary

This study investigates the possible job-creation impact of AI technologies, focusing on the supply side, namely the providers of the new knowledge base. The empirical analysis is based on a worldwide longitudinal dataset of 3,500 front-runner companies that patented the relevant technologies over the period 2000-2016. Obtained from GMM-SYS estimates, our results show a positive and significant impact of AI patent families on employment, supporting the labour-friendly nature of product innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger firms, which are the leading actors of the AI revolution. Finally, some evidence of increasing returns seems to emerge; indeed, the innovative companies which are more focused on AI technologies are those obtaining the larger impacts in terms of job creation.

 

Speaker's bio

Marco Vivarelli, Ph.D. in Economics and Ph.D. in Science and Technology Policy, is full professor at the Catholic University of Milano, where he is also Director of the Department of Economic Policy. 
He is member of the Academia Europaea.
He is Professorial Fellow at UNU-MERIT, Maastricht; Research Fellow at IZA, Bonn; Fellow of the Global Labor Organization (GLO). He is member of the Scientific Executive Board of the Eurasia Business and Economics Society (EBES, Istanbul); member of the International Board of the Austrian Institute of Economic Research (WIFO, Vienna) and has been scientific consultant for the International Labour Office (ILO), World Bank (WB), the Inter-American Development Bank (IDB), the United Nations Industrial Development Organization (UNIDO) and the European Commission.

He is Editor-in-Chief of the Eurasian Business Review, Editor of Small Business Economics, Associate Editor of Industrial and Corporate Change, Co-Editor of Economics E-Journal, member of the Editorial Board of Sustainability, Member of the Editorial Review Board of International Entrepreneurship and Management Journal and he has served as referee for more than 90 international journals. 

He is author/editor of various books and his papers have been published in journals such as Cambridge Journal of Economics, Canadian Journal of Economics, Economics Letters, Industrial and Corporate Change, International Journal of Industrial Organization, Journal of Economics, Journal of Evolutionary  Economics, Journal of Population Economics, Journal of Productivity Analysis, Labour Economics, Oxford Bulletin of Economics and Statistics, Regional Studies, Research Policy, Small Business Economics, Southern Economic Journal, World Bank Research Observer, World Development.

His current research interests include the relationship between innovation, employment and skills; the labour market and income distribution impacts of globalization; the entry and post-entry performance of newborn firms.

Personal homepage: https://sites.google.com/site/mvivarel/

Contacts

CEG-IST - Centro de Estudos de Gestão
Instituto Superior Técnico

Av. Rovisco Pais, 1049 - 001 Lisboa
Tel: +351 21 841 77 29 (ext. 1729)
Fax: +351 21 841 79 79
E-mail: cegist@tecnico.ulisboa.pt

Sponsored by

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Financed by Portuguese funds through the FCT - Foundation for Science and Technology, I.P., under the projects UIDB/00097/2020 and UIDP/00097/2020

Host Institution

IST Lisboa