68 Pages Posted: 25 Mar 2017 Last revised: 14 Oct 2017
Date Written: October 12, 2017
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: 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