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Education, Vocational Training and R&D: Towards New Forms of Labor Market Regulation

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  • Margarida Chagas Lopes

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Abstract

Labor 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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Paper provided by Socius, Socio-Economics Research Centre at the School of Economics and Management (ISEG) of the Technical University of Lisbon in its series Working Papers with number wp082011.

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Date of creation: Aug 2011
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Handle: RePEc:soc:wpaper:wp082011

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Keywords: labor market regulation; education and training; innovation; knowledge; North-South divide; Portugal;

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  1. Thushyanthan Baskaran & Zohal Hessami, 2010. "Globalization and the Composition of Public Education Expenditures: A Dynamic Panel Analysis," Working Paper Series of the Department of Economics, University of Konstanz 2010-03, Department of Economics, University of Konstanz.
  2. Hubert Strauss & Christine de la Maisonneuve, 2007. "The Wage Premium on Tertiary Education: New Estimates for 21 OECD Countries," OECD Economics Department Working Papers 589, OECD Publishing.
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Cited by:
  1. Lopes, Margarida & Fernandes, Graca, 2011. "Formal, non-formal and informal learning and higher education graduates' reemployment: evidence for Portugal," MPRA Paper 34445, University Library of Munich, Germany.
  2. Chagas Lopes, Margarida, 2011. "Education, development and knowledge: new forms of unequal change under globalization. The case of SSA countries," MPRA Paper 35352, University Library of Munich, Germany.
  3. Santos, Miguel, 2012. "Novas Formas de Organização do Trabalho nas Micro e Pequenas Empresas
    [New Forms of Work Organization in Micro and Small Enterprises]
    ," MPRA Paper 35700, University Library of Munich, Germany.
  4. Santos, Miguel, 2011. "Alomorfismos Nas Empresas E Na Gestão De Recursos Humanos Em Plena Sociedade Informacional
    [Allomorphisms in Corporations and in Human Resources Management (HRM)in Informational Society]
    ," MPRA Paper 32309, University Library of Munich, Germany.

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