The 'New Firm Paradigm' and the Provision of Training: The Impact of ICT, Workplace Organization and Human Capital
Swiss Journal of Economics and Statistics / Schweizerische Zeitschrift für Volkswirtschaft und Statistik / Revue Suisse d'Economie politique et de Statistique, Volume 148, Issue 4, 2012, Pages 557-595
Keywords
Firm-based training, apprenticeship, ICT, workplace organization, human capital formation
Abstract
The paper analyzes the relevance of the three constituent elements of the ‘new firm paradigm'', i.e. ICT, workplace organization and human capital, as determinants of a firm''s provision of training. We concentrate on apprenticeship training, which in German-speaking countries is a widespread practice of skill formation. Econometric studies dealing with a firm''s provision of apprenticeships so far did not pay much attention to the inf luence of a shift towards the new paradigm. We find that apprenticeship training is an appropriate way of skill formation in advanced economies, but this may not be the case in leading-edge segments of the economy.