Abstract
This paper investigates the impact of technological innovation associated with the Fourth Industrial Revolution (4IR) on firm wage levels using longitudinal firm-patent data for 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 and firms innovating in core technologies.JEL classification: O31, O33.
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