Education, Vocational Training And R&D: Towards New Forms Of Labor Market Regulation
AbstractLabor market regulation and its relations with education and training have been performing an historical trajectory which closely intertwined with developments in economic thought. Under the form of human capital theories, neo-classical economics set the bridge between labor market equilibrium and education outputs for decades. The functionalist approach behind that lasting relationship was to be challenged by economic crises and globalization, which imposed the unquestionable supremacy of the demand for skilled work. Likewise, even if only that more strict perspective of education would prevail, which fortunately is not the case, time and hazard came to undertake its denigration on the grounds of a severe loss of regulatory efficiency as globalization was setting up. In this paper, we shed light on the increasing role which innovation is called to perform in labor market hetero regulation in the present phase of globalization. Depending on the institutional design throughout which R&D become embedded in nowadays societies, evidence clearly reveals how innovation strategies are to be found so asymmetrically implemented between developed and developing countries, thereby leading to the enlarging divide between the "new North" and "new South" globalization off springs.
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Bibliographic InfoArticle provided by ASERS Publishing in its journal Journal of Research in Educational Sciences.
Volume (Year): II (2011)
Issue (Month): 1 (June)
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Web page: http://www.asers.eu/journals/jres.html
labor market regulation; education and training; innovation; knowledge; North-South divide; Portugal;
Other versions of this item:
- Margarida Chagas Lopes, 2011. "Education, Vocational Training and R&D: Towards New Forms of Labor Market Regulation," Working Papers wp082011, Socius, Socio-Economics Research Centre at the School of Economics and Management (ISEG) of the Technical University of Lisbon.
- Lopes, Margarida, 2011. "Education, vocational training and R&D: towards new forms of labor market regulation," MPRA Paper 32412, University Library of Munich, Germany.
- I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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