Skip Navigation

This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Gatti, D
Right arrow Search for Related Content
Related Collections
Right arrow E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution
Right arrow J41 - Labor Contracts
Right arrow L21 - Business Objectives of the Firm
Right arrow O32 - Management of Technological Innovation and R&D
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

Industrial and Corporate Change, Volume 9, Number 3, pp. 521-544
© 2000 Oxford University Press

Unemployment and innovation patterns: the critical role of coordination

D Gatti

Social Science Research Center Berlin, WZB, Reichpietschufer 50, 10785 Berlin, Germany
E-mail: gatti@medea.wz-berlin.de

Abstract

This paper explores cross-country differences in unemployment and innovation patterns from the perspective of 'comparative institutional analysis'. A generalized efficiency wage model is proposed for the determination of equilibrium unemployment and innovation within two alternative scenarios: firms coordinating through either market mechanisms or social networks. The mode of coordination is shown to affect firms' choices of either radical or incremental innovations and their responses to competitive pressure. Higher unemployment may result as a consequence of specialization along innovation trajectories that increase job precariousness.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer: Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.