Globalization of the Economy, Unemployment and Innovation

1. Front Matter

   Pages I-VI

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2. Introduction

   • Paul J. J. Welfens

   Pages 1-4

3. Economic Globalization

   • Paul J. J. Welfens

   Pages 5-50

4. Unemployment and Innovation in Europe

   • Paul J. J. Welfens

   Pages 51-161

5. Labor Costs, Unemployment and Innovation

   • Paul J. J. Welfens

   Pages 163-203

6. Issues of Innovation Policy

   • Paul J. J. Welfens

   Pages 205-240

7. Back Matter

   Pages 241-256

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Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges where a "structural macro model" and a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges the increasing global dynamics raise new problems of international policy coordination which could lead to unsustainable economic globalization.

• Beschäftigung
• Employment
• F&E
• Globalisierung
• Globalization
• Import
• Innovation
• Labor Market
• R&D
• Structural Change
• Technologiewettbewerb
• Technology Competition
• Unemployment
• global economy
• growth

• European Institute for International Economic Relations (EIIW), University of Potsdam, Potsdam, Germany

  Paul J. J. Welfens

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