Date: 02 December 2022, Friday
\nTime: 13:30-14:30<\/p>\n
\u2018How Do Robots Affect Firms\u2019 Innovation Performance? Evidence from Spanish Manufacturers\u2019
\nby
\nBilal G\u00f6kp\u0131nar<\/p>\n
University College London<\/p>\n
***This is an online seminar.\u00a0To request the event link, please send a message to department.<\/p>\n
Abstract: This paper examines the impact brought by robot use on manufacturing firms\u2019 innovation performance. The analysis uses a rich panel dataset of Spanish manufacturing firms over 27 years (1990-2016). Our findings suggest that robot use has a negative effect on firms\u2019 process innovation. However, we do not observe a similar effect on firms\u2019 product innovation. We also explore possible mechanisms by which robot use may affect process innovation. Our analysis reveals that the negative effect of robot use on process innovation is only salient for complex manufacturing industries, rather than light or heavy manufacturing. In addition, we find that the negative effects brought by robot use on process innovation are smaller for older firms. Our results point to a possible mechanism whereby robots impede process innovation through reducing human involvement in the manufacturing process. Our findings highlight possible disadvantages brought by robots in manufacturing, a notion neglected in the previous literature.<\/p>\n","protected":false},"excerpt":{"rendered":"
Date: 02 December 2022, Friday Time: 13:30-14:30 \u2018How Do Robots Affect Firms\u2019 Innovation Performance? Evidence from Spanish Manufacturers\u2019 by Bilal G\u00f6kp\u0131nar University College London ***This is an online seminar.\u00a0To request the event link, please send a message to department. Abstract: This paper examines the impact brought by robot use on [\u2026] <\/p>\n