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Author: | Gatti, D. |
Title: | Unemployment and innovation patterns: the critical role of coordination |
Journal: | Industrial and Corporate Change
2000 : SEP, VOL. 9:3, p. 521-544 |
Index terms: | Innovation Unemployment Organizational research |
Language: | eng |
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 coordination through either market mechanisms or social networks. |
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