Williamson, Oliver E.; Wachter, Michael L.; Harris, … - In: Bell Journal of Economics 6 (1975) 1, pp. 250-278
This paper is concerned with jobs for which nontrivial job-specific skills and task-specific knowledge evolve, in a learning by doing fashion, during the course of a worker's employment. Otherwise qualified but inexperienced workers cannot be regarded as the equivalent of job incumbents under...