The Matching of STEM Degree Holders with STEM Occupations in Large Metropolitan Labor Markets in the United States

Wright, Richard; Ellis, Mark; Townley, Matthew

doi:10.1080/00130095.2016.1220803

Cited by 32 publications

(20 citation statements)

References 27 publications

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“…There is a growing body of literature that attempts to quantify the benefits of science, technology, engineering and mathematics (STEM) skills at the regional level (e.g. Winters 2014;Peri et al 2015;Wright et al 2017;Brunow et al 2018). In this literature, STEM skills are generally proxied by the number of workers with a STEM background in a particular city or region.…”

Section: Stem Skills and Firm Performancementioning

confidence: 99%

Skills combinations and firm performance

2019

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Creative skills, STEM (science, technology, engineering and mathematics) skills and management skills have all been positively associated with firm performance as well as regional growth. But do firms that combine these types of skills in their workforce grow more quickly than those that do not? We compare the impact of STEM, creative and management skills on their own, and in various combinations, on turnover growth. We use a longitudinal dataset of UK firms over the period 2008-2014 with lagged turnover data to explore whether the combination of skills used by a firm impacts its future turnover growth. Using fixed-effect panel and pooled OLS models, we find that the performance benefits associated with both STEM and creative skills materialize when they are combined with each other or with management skills rather than when they are deployed on their own.

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Section: Stem Skills and Firm Performancementioning

confidence: 99%

Skills combinations and firm performance

2019

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“…There is nevertheless an increasing consensus around the idea that the presence of STEM workers in the firm facilitates complex problem-solving (Hyde et al, 2008;Rothwell, 2013). "STEM workers are uniquely capable of generating ideas, innovation, and externalities that benefit productivity" (Peri et al, 2015: 249) and said increases in individual-level productivity are derived from a greater capacity to produce new innovations associated with the hiring and/or presence of STEM graduates and workers (Moretti, 2012;Wright et al, 2017). Greater STEM capacities at the level of the firm drive science-and skill-based innovation 2015: 248), boosting, in turn, job growth, wage rates, and competitiveness in international markets.…”

Section: To What Extent Do Creative Workers Spur Innovation?mentioning

confidence: 99%

“…Peri et al (2014; investigate the effects of an inflow of foreign STEM workers and show a significant wage increase of college educated natives and, to a smaller but still significant extent, of non-college educated workers. Moreover, it is stressed that the returns of STEM activities are greater in cities, as living in in denser STEM areas increases the probabilities of matching STEM degree holders with STEM occupations (Wright et al, 2017).…”

Section: To What Extent Do Creative Workers Spur Innovation?mentioning

confidence: 99%

Creative and science oriented employees and firm-level innovation

Brunow

Birkeneder

Rodríguez‐Pose

2018

Cities

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This paper examines the link between innovation and the endowments of creative and science-oriented STEM-Science, Technology, Engineering and Mathematicsworkers at the level of the firm and at the city-/regional-level in Germany. It also looks into whether the presence of these two groups of workers has greater benefits for larger cities than smaller locations, thus justifying policies to attract these workers in order to make German cities 'smarter'. The empirical analysis is based on a probit estimation, covering 115,000 firm-level observations between 1998 and 2015. The results highlight that firms that employ creative and STEM workers are more innovative than those that do not. However, the positive connection of creative workers to innovation is limited to the boundaries of the firm, whereas that of STEM workers is as associated to the generation of considerable innovation spillovers. Hence, attracting STEM workers is more likely to end up making German cities smarter than focusing exclusively on creative workers.

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“…1 Demand for STEM workers is spatially uneven. STEM jobs cluster in a limited number of places (Wright, Ellis, & Townley, 2016) and therefore, not surprisingly, the spatial distribution of skilled workers is uneven (Lopez-Rodriguez, Faina, & Lopez-Rodriguez, 2007;Scott, 2009). It follows that another expectation is that STEM degree holders will be longer distance migrants and that they will be less likely to move to an adjacent state.…”

Section: Previous Research Approaches the Question Of How Human Capitalmentioning

confidence: 99%

Where science, technology, engineering, and mathematics (STEM) graduates move: Human capital, employment patterns, and interstate migration in the United States

Wright

Ellis

2018

Population Space and Place

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This research investigates the interstate migration of workers in the United States who have earned an undergraduate STEM (science, technology, engineering, and mathematics) degree compared with those who have not. We build on previous studies that (a) classified “skilled” workers as having earned an undergraduate degree (b) used net migration gain or loss as a yardstick of relative destination attraction, and (c) advanced the idea that physical amenities play an outsized role in labour market preferences for skilled workers. We calibrate the attractivity of states for three levels of human capital and then evaluate these assessments of relative attractivity to show that workers with different types of human capital respond to different labour market signals in contradictory ways. Amenity, measured by heating degree days, has little to do with the state‐to‐state migration of workers who have a STEM degree, yet helps explain the migration patterns of workers with no undergraduate degree. Employment growth in a state influences migration for degreed workers in the recessionary years but not in the period of recovery. The opposite holds for workers without a degree. States with high percentages of any type of degreed workers attract both STEM and non‐STEM degreed migrants but not those without a degree. States with a large share of STEM degreed workers in their degreed workforce are especially attractive for STEM degreed migrants. The conclusions discuss what the findings imply about diverging access to labour market opportunity by human capital and state higher education policy.

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The Matching of STEM Degree Holders with STEM Occupations in Large Metropolitan Labor Markets in the United States

Cited by 32 publications

References 27 publications

Skills combinations and firm performance

Skills combinations and firm performance

Creative and science oriented employees and firm-level innovation

Where science, technology, engineering, and mathematics (STEM) graduates move: Human capital, employment patterns, and interstate migration in the United States

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