Human Capital, Investment and Innovation: What Are the Connections?

Stephen Nickell () and D. Nicolitsas

Working Papers from Centre for Economic Performance & Institute of Economics

Abstract: Fingold and Soskice (1988) argue that Britain is trapped in a "low-skills" equilibrium. In Redding (1996), this notion is formalized in a dynamic model which relies on strategic complementarities between firms' investments in R&D and workers' investments in human capital. In this paper, we investigate the firms' side of the story, notably wheher their investments in fixed capital and R&D are influenced by the avilability of human capital.

Keywords: HUMAN CAPITAL; RESEARCH AND DEVELOPMENT (search for similar items in EconPapers)
JEL-codes: J24 O32 (search for similar items in EconPapers)
Date: 1997
View citations in EconPapers

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Human Capital Investment and Innovation: What Are The Connections? (1997)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:fth:cepies:20

Access Statistics for this paper

More papers in Working Papers from Centre for Economic Performance & Institute of Economics
Address: United Kingdom; Centre for Economic Performance & Institute of Economics and Statistics, Oxford University. Manor Road. Oxford OX1 3Ul
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().