Creating Self-Sustaining, High Skill Ecosystems

February 4, 1999
David Finegold discusses how most managers’ decisions to adopt a low-skill form of work organization, even if it hurt the performance of the British economy as a whole, could be seen as a rational response to the institutional conditions – e.g. short-term financial markets, an adversarial industrial relations system, a low supply of skills in the labour market – in which they operated.

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