Who creates jobs with broad skillsets?: the crucial role of firms
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Organización Internacional del Trabajo (OIT)
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| Natura: | Entrada de enciclopedia |
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International Labour Organization
2023
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| _version_ | 1874525100237127682 |
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| author | Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) |
| author_facet | Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) |
| contents | Who creates jobs with broad skillsets?: the crucial role of firms Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) Our study investigates the heterogeneity of skill demands within occupations, the firm activities that are associated with demand for broader skill sets, and the firm characteristics that are related to particular skills and different combinations of skills. We use a unique matched database of firm-level data and online job vacancy data for a developing economy, namely, India. Employing a multi-level machine learning technique and an innovative skill taxonomy, we identify and categorize skill requirements of firms. Our empirical analysis provides robust evidence of significant heterogeneity in skill requirements across firms within the same occupations. Additionally, we show that firms demanding diverse skills differ from their counterparts. Firms that are competitive in international markets, as well as those that are more innovative, require digital skills and specific combinations of digital and other skills. Our findings highlight the crucial role played by firms in defining the changing nature of work. ILO working paper, 94, ILO 10.54394/KFYG1195 DOI https://doi.org/10.54394/KFYG1195; ISBN 9789220392706 publication.encyclopediaEntry |
| format | Entrada de enciclopedia |
| id | ilo_995319212702676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2023 |
| publisher | International Labour Organization |
| spellingShingle | Who creates jobs with broad skillsets?: the crucial role of firms Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) Who creates jobs with broad skillsets?: the crucial role of firms Giordano De Marzo (Author) Nanditha Mathew (Author) Angelica Sbardella (Author) Our study investigates the heterogeneity of skill demands within occupations, the firm activities that are associated with demand for broader skill sets, and the firm characteristics that are related to particular skills and different combinations of skills. We use a unique matched database of firm-level data and online job vacancy data for a developing economy, namely, India. Employing a multi-level machine learning technique and an innovative skill taxonomy, we identify and categorize skill requirements of firms. Our empirical analysis provides robust evidence of significant heterogeneity in skill requirements across firms within the same occupations. Additionally, we show that firms demanding diverse skills differ from their counterparts. Firms that are competitive in international markets, as well as those that are more innovative, require digital skills and specific combinations of digital and other skills. Our findings highlight the crucial role played by firms in defining the changing nature of work. ILO working paper, 94, ILO 10.54394/KFYG1195 DOI https://doi.org/10.54394/KFYG1195; ISBN 9789220392706 publication.encyclopediaEntry |
| title | Who creates jobs with broad skillsets?: the crucial role of firms |
| url | https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Who-creates-jobs-with-broad-skillsets/995319212702676 |