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knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and … indicates interesting implications for innovation and educational policies. …
Persistent link: https://www.econbiz.de/10005835707
Abstract Development of knowledge in Portugal occurred late and slowly, mainly as a result of political and … institutional factors which persisted with democracy. Amongst knowledge key areas, education, research and development (R&D) and … innovation advanced with frequent setbacks. This irregular behaviour induced very negative economic and social consequences given …
Persistent link: https://www.econbiz.de/10011168467
The recent history of Finland has been shaped by the rollercoaster of the 1990s when the economy went from deep recession to becoming among the most innovative and competitive within merely a decade. Economic recovery driven by the surge of ICT-related industries with the active support of the...
Persistent link: https://www.econbiz.de/10008560112
consequently a break with the prevailing model of society and learning and knowledge sharing within modern societies. In the first …, Vocational Training and – desirably – Innovation in that regulation process . We stress that sustainable development imply an …
Persistent link: https://www.econbiz.de/10008565128
For nearly four decades now, the conventional wisdom has been that the migration of human capital (skilled workers) from a developing country to a developed country is detrimental to the developing country. However, this perception need not hold. A well designed migration policy can result in a...
Persistent link: https://www.econbiz.de/10009021969
Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...
Persistent link: https://www.econbiz.de/10009021976
We analyze the impact on a firm’s profits and optimal wage rates, and on the distribution of workers’ earnings, when workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage earnings than a high-productivity worker. When the...
Persistent link: https://www.econbiz.de/10008855240
This paper develops a model of voluntary migration into degrading work. The essence of the model is a tension between two “bads:” that which arises from being relatively deprived at home, and that which arises from engaging in humiliating work away from home. Balancing between these two...
Persistent link: https://www.econbiz.de/10008855250
This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital,...
Persistent link: https://www.econbiz.de/10008855796
The asylum seekers who choose the level of investment in the host-country-specific human capital, and the government of the host country that chooses the probability of naturalization are modeled as optimizing economic agents in a setting not of their choosing.
Persistent link: https://www.econbiz.de/10008855809