Can small and medium enterprises benefit from skill-biased technological change?

This research addresses the contribution that technical skills and cognitive abilities make toward technological efficiency in small and medium enterprises. While most of the literature on skill-biased technological change focuses on large corporations, this exploratory research tries to close the gap in the literature and addresses the impact of technical training, age, and educational level of the workforce on the fit between technological change and organizational innovation in small and medium-sized enterprises. The results suggest that the impact of the workforce structure on efficiency is a function of the level of technological change.