Overview
Recent changes in production technology due to innovation are bringing about long-term transformation in labor demand and segmentation of labor markets. New perspectives on industrial policy have been proposed to adapt to the transformation. Corporate innovation activities, which contribute greatly to improving macroeconomic productivity, are strongly influenced by the labor market in which firms operate. For example, long-term employment relationships increase the incentives for firm-specific human capital investment but can be disadvantageous for startup innovation. Furthermore, labor market structure affects macroeconomic performance and household welfare through income distribution of labor and capital through propagation of inter-industry and inter-regional productivity fluctuations. This project aims to derive policy implications in the intersecting areas of economic growth and labor policy by conducting a multifaceted analysis of the interaction between innovation and labor markets.
January 14, 2025 - June 30, 2027
（During the research project period, the research activity period is set from January 14, 2025, to December 31, 2026, and the data usage reporting period is set from January 1, 2027 to June 30, 2027.）
