Dr Francesco Venturini

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Join date: Jul 31, 2025

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Francesco Venturini, PhD, is an Associate Professor of Economics at the University of Urbino (Italy), a Fellow at the National Institute of Economic and Social Research (UK), a Research Affiliate at CIRCLE (Sweden), and a Research Associate at ESCoE (UK). His research focuses on the impact of innovation and technological change on economic growth and income distribution. His current work explores topics such as artificial intelligence, medical innovation, and novel data methodologies. Francesco has published in several peer-reviewed academic journals and has contributed to numerous research projects funded by the European Commission (including EPKE, EUKLEMS, Jean Monnet, the European Competitiveness Report, H2020 –Untangled, and H2020 - WeLaR), as well as by national governments (including the UK Department for Science, Innovation and Technology and the Government of Scotland).

Posts (3)

Nov 19, 2025 ∙ 3 min

From Machines to Minds: How AI is Reshaping Work and Income Distribution

AI is reshaping who gains from technology by affecting not only low-skill physical jobs but also routine white-collar cognitive work. Its innovation is highly concentrated in a few European regions. Studying 273 regions (2000–2017), researchers find that doubling AI innovation reduces the labor share of income by 0.5–1.6%, mainly through wage compression for medium- and high-skill workers.

Oct 20, 2025 ∙ 3 min

The hidden Power of AI: What patents reveal about innovation and Productivity

AI is transforming industries and work by enabling machines to perform complex cognitive tasks. Measuring its impact is challenging since AI often develops through collaboration between creators and users. Patent data, despite limitations, reveal that firms with prior digital expertise lead AI innovation. Early adopters, especially big tech companies, gain lasting advantages and higher productivity—up to 17%—though benefits appear gradually over time.

Sep 3, 2025 ∙ 3 min

From Innovation to Longevity: The Complex Economic Impact of Medical Progress

Medical innovation has raised life expectancy and boosted GDP, mainly during mid-development stages. However, longer lives can strain resources, reducing industrial R&D and slowing growth in early or late stages. Policies should balance investment in medical and industrial innovation, improve healthcare efficiency, and encourage collaboration across sectors to maximize economic benefits.