1,720,973 research outputs found
Innovation, human capital destruction and firm's in training
We analyse the effeect of human capital obsolescence due to the
introduction of technological innovations on the long-run growth rate,
and show that in equilibrium the pace of technical change may be
faster than is socially optimal. In such cases, the existence of market
imperfections, and their costs for firms, may improve the welfare for
the society as a whole. In particular, we assume that ¢rms do not have
full information on workers' skills but can arrange some form of
internal training that permits them to acquire the lacking information.
Training costs reduce research and development investments by firms
and in this way draw the market equilibrium closer to the social
optimum
Economia sommersa e crescita economica in presenza di complementarietà tra innovazione e capitale umano
Piu' sovraistruiti e meno pagati. I costi della migrazione Sud-Nord dei giovani laureati italiani
Tra storia e economia: le corporazioni artigiane nel medioevo e in età premoderna tra inerzie sociali e cambiamento tecnologico
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