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

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  • Gunther Tichy

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.

Suggested Citation

  • Gunther Tichy, 2002. "Informationsgesellschaft und flexiblere Arbeitsmärkte [Information society and flexible labour markets]," ITA manu:scripts 02_03, Institute of Technology Assessment (ITA).
  • Handle: RePEc:ita:itaman:02_03
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    References listed on IDEAS

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    1. Robert J. Gordon, 2000. "Does the "New Economy" Measure Up to the Great Inventions of the Past?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 49-74, Fall.
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    3. Miles, David, 1993. "Testing for Short Termisn in the UK Stock Market," Economic Journal, Royal Economic Society, vol. 103(421), pages 1379-1396, November.
    4. Cooper, Russell & Haltiwanger, John, 1993. "The Aggregate Implications of Machine Replacement: Theory and Evidence," American Economic Review, American Economic Association, vol. 83(3), pages 360-382, June.
    5. 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.
    6. 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.
    7. Robert A. Jones & Joseph M. Ostroy, 1984. "Flexibility and Uncertainty," Review of Economic Studies, Oxford University Press, vol. 51(1), pages 13-32.
    8. Nooteboom, Bart, 1999. "Innovation and inter-firm linkages: new implications for policy," Research Policy, Elsevier, vol. 28(8), pages 793-805, November.
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    More about this item

    Keywords

    Informationsgesellschaft; Arbeitsmarkt; Flexibilität; Komplexität; firmenspezifisches Humankapital;

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