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

68 Pages Posted: 25 Mar 2017 Last revised: 14 Oct 2017

Nicola Bianchi

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

Michela Giorcelli

Department of Economics, University of California - Los Angeles

Date Written: October 12, 2017

Abstract

This paper uses a change in enrollment requirements in Italian STEM majors to study the effects of university STEM education on innovation and labor market outcomes. University-level scientific education had two direct effects on patenting of students who acquired a STEM degree thanks to the policy. First, it changed the direction of their innovation. Second, it moved these individuals closer to the innovation processes by allowing them to reach top positions within firms' hierarchies. 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 (October 12, 2017). 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

Department of Economics, University of California - Los Angeles ( email )

9357 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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