THE DIFFUSION OF NEW TECHNOLOGIES

2026

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This paper analyzes the diffusion of new technologies, revealing how their adoption and impact evolve over time and across different regions and skill levels.

* Identifies four key stylized facts regarding the geographic concentration, slow diffusion, skill bias, and persistence of high-skill jobs for new technologies.
* Utilizes textual analysis of patents, job postings, and earnings calls to track the emergence and spread of hundreds of new technologies.
* Demonstrates that while initial innovation is highly concentrated, job opportunities gradually spread, though this process is slow and high-skill jobs remain concentrated in pioneer locations for decades.

Tags: technology diffusion, innovation, labor markets, regional economics, skill bias

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