Review of Workplace Skills, Technology Adoption and Firm Productivity: A Review

Sid Durbin ()
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Sid Durbin: New Zealand Treasury

No 04/16, Treasury Working Paper Series from New Zealand Treasury

Abstract: The way that skills contribute to productivity improvements in firms is still something of a "black box". There is general agreement that human capital (broadly defined) is important for growth. Less is known about the ways in which skills and knowledge contribute to a firm’s pursuit of efficiency in production, the process of innovation and technology adoption, and to the take-up of market opportunities. This paper reviews literature on the types of skills utilised by firms, the mechanisms by which skills contribute to firm productivity, and how skills are acquired. It identifies potential policy implications relating to work based skills training.

Keywords: technological change, human capital; labour productivity; multifactor productivity; firm productivity; workplace productivity; skills (search for similar items in EconPapers)
JEL-codes: D21 D24 J24 L19 O30 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff and nep-ino
Date: 2004-09
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