Globalisation, alliance capitalism and R&D intensive value adding activities are hallmarks of economic activity in advanced industrial countries. National governments have responded to these changes by pursuing policies promoting “techno-nationalism” which includes fostering R&D investment...

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The large increase in computer use has raised the question whether people have to betaught computer skills before entering the labour market. Using data from the 1997 SkillsSurvey of the Employed British Workforce, we argue that neither the increase in computer use nor the fact that particularly...

The impacts of the New Economy are not limited only to recently developed technologies, but involve new opportunities for more “traditional” technologies to develop. Knowledge-based industries, and information technologies in particular, hold both promises and threats in many fields....

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This paper is about the behaviour of a society in which learning individuals play a Prisoner’s Dilemma that guides social promotion and demotion. The direct effect of the payoff-based socialization that is implemented here is segregation. However, segregation permits the survival of...

In this paper, the relationship between technological change and employment is analysed using private consumption as a means to do so. Technological change will create new and more consumption opportunities by means of product and process innovation. This results in changes in consumption...

In this paper we integrate two workhorse models in economics: The monopolistic competition model of Dixit and Stiglitz and the search unemployment model of Pissarides. Information and communication technology (ICT) is interpreted as i) technical progress in the matching function of the...

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For seven European countries macro-level indicators of the accumulation of intangible capital are developed. Using hedonic prices deflate investments in IT hardware, IT software and telecommunication equipment, for both intangibles and ‘smart’ tangibles capital stocks are constructed. These...