Globalization of the Economy, Unemployment and Innovation Structural Change, Schumpetrian Adjustment, and New Policy Challenges

Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct...

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Main Author: Welfens, Paul J. J.
Corporate Author: SpringerLink (Online service)
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 1999, 1999
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • R&D, Structural Change and Employment Shifts
  • C. Labor Costs, Unemployment and Innovation
  • 1. Labour Cost Pressure and Unemployment
  • 2. Factors Underlying High Labor Costs
  • 3. Analytical Types of Wage and Labor Cost Pressure
  • 4. Wage Pressure, Productivity Growth and Innovation
  • 5. Bargaining Regimes and Incentives
  • 6. Firm Size, Productivity and Labor Costs
  • 7. Wage Pressure, Innovation, FDI and Unemployment
  • 8. Conclusions and Policy Implications for Europe
  • D. Issues of Innovation Policy
  • 1. R&D Policy and Reforms
  • 2. Innovation and Innovation Policy
  • 3. Adjusting Guidelines, Promoting Cooperation