Our team is currently investigating the relationship between corporate innovation and wage inequality. Balázs Muraközy presented the research’s preliminary results in a seminar at the University College London. Here, he introduced some new ways in which corporate innovation may be defined and discussed how these modifications are found to alter wage inequality within companies. One of the novelty of the research is that it employs micro-level analysis considering not only R&D-based achievements, but also low-novelty forms of innovation, such as re-organization and adaptation. The analysis shows that both the number of college educated workers and their wages increase, if a company participates in any kind of innovation. This widens the within company wage inequality, as is measured through the wage of variously skilled groups. The presentation can be found here.
VSVK BUDAPEST
The VSVK research group is based in the Hungarian Academy of Sciences KRTK KTI and consists of reseachers working on questions related to firm-level competitiveness, strategy and perfomance. The research of VSVK is funded by the Lendület (Momentum) grant of the Hungarian Academy of Sciences.