The main objective of the PARTICIPA project is the investigation of factors influencingthe continuous vocational education, training and learning (CVETL) activities in the sixpartner countries Portugal, Spain, Greece, Italy, United Kingdom and Germany. Roughly,the project can be divided into two...

Participation in Continuning Vocational Eduacation and Training: a need for a sustainable employability is a research project funded in the Fifth Framework Programme of the European Commission. Project partners from six European countries are seeking to identify the factors influening...

High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...

This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...