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Informationsgesellschaft und flexiblere Arbeitsmärkte [Information society and flexible labour markets]

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  • Gunther Tichy
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    Abstract

    It is widely believed that the Information Society and its economic counterpart, the New Economy, require more flexibility especially in the labour market (i.e. less long term contracts) to allow faster reactions to the increased speed of change. The paper argues that increased complexity rather than faster change is the real problem. Dealing with complexity requires adaptability and organisational learning. Short term flexi-bility, however, is detrimental to adaptability and learning as it hinders the accumulation of firm-specific capabilities - and country-specific ones on the macro level. The ability of the firm to absorb and act upon knowledge depends to a large extent on staff continuity.

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    File URL: http://epub.oeaw.ac.at/ita/ita-manuscript/ita_02_03.pdf
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    Bibliographic Info

    Paper provided by Institute of Technology Assessment (ITA) in its series ITA manu:scripts with number 02_03.

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    Date of creation: 20 Feb 2002
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    Handle: RePEc:ita:itaman:02_03

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    Related research

    Keywords: Informationsgesellschaft; Arbeitsmarkt; Flexibilität; Komplexität; firmenspezifisches Humankapital;

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    1. Malerba, Franco & Orsenigo, Luigi & Peretto, Pietro, 1997. "Persistence of innovative activities, sectoral patterns of innovation and international technological specialization," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 801-826, October.
    2. Nooteboom, Bart, 1999. "Innovation and inter-firm linkages: new implications for policy," Research Policy, Elsevier, vol. 28(8), pages 793-805, November.
    3. Russell Cooper & John Haltiwanger, 1990. "The Aggregate Implications of Machine Replacement: Theory and Evidence," NBER Working Papers 3552, National Bureau of Economic Research, Inc.
    4. Miles, David, 1993. "Testing for Short Termisn in the UK Stock Market," Economic Journal, Royal Economic Society, vol. 103(421), pages 1379-96, November.
    5. Gordon, Robert J, 2000. "Does the 'New Economy' Measure up to the Great Inventions of the Past?," CEPR Discussion Papers 2607, C.E.P.R. Discussion Papers.
    6. Robert A. Jones & Joseph M. Ostroy, 1979. "Flexibilty and Uncertainty," UCLA Economics Working Papers 163, UCLA Department of Economics.
    7. Stefano Scarpetta & Andrea Bassanini & Dirk Pilat & Paul Schreyer, 2000. "Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level," OECD Economics Department Working Papers 248, OECD Publishing.
    8. Holmstrom, Bengt R. & Tirole, Jean, 1989. "The theory of the firm," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 2, pages 61-133 Elsevier.
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