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Thirty Years Later: Internal Labor Markets, Flexibility and the New Economy

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  • Michael Piore

Abstract

This article reviews the relevance of the concept of the Internal Labor Market from the contemporary perspective thirty years after it was originally formulated. The narrow concept of internal labor markets associated with large, bureaucratic enterprises appears to be less relevant in the new economy. But the underlying notion of the labor market as socially embedded remains central to an understanding of the way the economy operates. Several increasingly salient social forms are reviewed. Copyright Kluwer Academic Publishers 2002

Suggested Citation

  • Michael Piore, 2002. "Thirty Years Later: Internal Labor Markets, Flexibility and the New Economy," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 6(4), pages 271-279, December.
    • Handle: RePEc:kap:jmgtgv:v:6:y:2002:i:4:p:271-279
    DOI: 10.1023/A:1021212904674
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    References listed on IDEAS

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    1. Edward P. Lazear & Paul Oyer, 2012. "Personnel Economics [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    2. Katharine G. Abraham & Susan N. Houseman, 1994. "Does Employment Protection Inhibit Labor Market Flexibility? Lessons from Germany, France, and Belgium," NBER Chapters, in: Social Protection versus Economic Flexibility: Is There a Trade-Off?, pages 59-94, National Bureau of Economic Research, Inc.
    3. Edward P. Lazear, 1995. "Personnel Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121883, April.
    4. Michael J. Piore, 1996. "Review of The Handbook of Economic Sociology," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 741-754, June.
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    Cited by:

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    2. Huw Vasey, 2017. "The Emergence of a Low-Skill Migrant Labour Market: Structural Constraints, Discourses of Difference and Blocked Mobility," Journal of International Migration and Integration, Springer, vol. 18(3), pages 863-879, August.
    3. J. Adam Cobb & Ken-Hou Lin, 2017. "Growing Apart: The Changing Firm-Size Wage Premium and Its Inequality Consequences," Organization Science, INFORMS, vol. 28(3), pages 429-446, June.
    4. Bartosz Slawecki, 2011. "Anthropology of the peripheral labour market. The role of culture in explaining the process of hiring employees in microenterprises (Antropologia peryferyjnego rynku pracy - rola kultury w wyjasnianiu," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 9(32), pages 129-153.
    5. Bruce E. Kaufman, 2013. "The economic organization of employment: systems in human resource management and industrial relations," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 16, Edward Elgar Publishing.
    6. Michael Dobbie & Craig MacMillan, 2010. "Internal Labour Markets in Australia: Evidence from the Survey of Education and Training Experience," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 13(2), pages 137-154.
    7. Jennifer Clark, 2010. "Coordinating a conscious geography: the role of research centers in multi-scalar innovation policy and economic development in the US and Canada," The Journal of Technology Transfer, Springer, vol. 35(5), pages 460-474, October.

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