02045nam 2200361 450 991071976310332120230627182008.0(CKB)4960000000468589(NjHacI)994960000000468589(EXLCZ)99496000000046858920230627d2023 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierEIB Working Paper 2023/01 advanced digital technologies and investment in employee training : complements or substitutes? /Giorgio Brunello[Place of publication not identified] :European Investment Bank,2023.1 online resource (52 pages) illustrationsUsing firm-level data covering the 27 EU countries, the UK and the US, we show that employers tend to reduce investment in training per employee after adopting advanced digital technologies (ADT). We estimate with a control function approach firm-level production functions augmented with two factors, the training stock per employee and digital technology use. We show that ADT use and employee training are substitutes in production, implying that an increase in the former negatively affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers' investment in training per employee. These findings point to challenges in realizing high levels of firm-sponsored training for employees in increasingly digital economies.EIB Working Paper 2023/01 - Advanced digital technologies and investment in employee training Information technologyInformation technologySecurity measuresInformation technology.Information technologySecurity measures.004Brunello Giorgio118982NjHacINjHaclBOOK9910719763103321EIB Working Paper 20233363744UNINA