Scientific Education and Innovation: From Technical Diplomas to University STEM Degrees

70 Pages Posted: 25 Mar 2017 Last revised: 17 Jun 2018

See all articles by Nicola Bianchi

Nicola Bianchi

Northwestern University - Kellogg School of Management; National Bureau of Economic Research (NBER)

Michela Giorcelli

University of California - Los Angeles

Date Written: June 6, 2018

Abstract

This paper studies the effects of university STEM education on innovation and labor market outcomes by exploiting a change in enrollment requirements in Italian STEM majors. University-level scientific education had two direct effects on the development of patents by students who had acquired a STEM degree. First, the policy changed the direction of their innovation. Second, it allowed these individuals to reach top positions within firms and be more involved in the innovation process. STEM degrees, however, also changed occupational sorting. Some higher-achieving individuals used STEM degrees to enter jobs that required university-level education, but did not focus on patenting.

Keywords: STEM, human capital, education policy, innovation, patents

JEL Classification: I21, I25, I26, I28, J24, O30

Suggested Citation

Bianchi, Nicola and Giorcelli, Michela, Scientific Education and Innovation: From Technical Diplomas to University STEM Degrees (June 6, 2018). Available at SSRN: https://ssrn.com/abstract=2940357 or http://dx.doi.org/10.2139/ssrn.2940357

Nicola Bianchi (Contact Author)

Northwestern University - Kellogg School of Management ( email )

2211 Campus Drive
Evanston, IL 60208
United States

HOME PAGE: http://www.bianchinicola.com

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Michela Giorcelli

University of California - Los Angeles ( email )

9262 Bunche Hall
315 Portola Plaza
Los Angeles, CA CA 90024
United States
650-630-9648 (Phone)

HOME PAGE: http://www.giorcellimichela.com

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