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Creating the ‘Neo-Lisbon’ Economy

In: Social Pacts, Employment and Growth. A Reappraisal of Ezio Tarantelli’s Thought

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  • Robert M. Lindley

    (University of Warwick)

Abstract

The chapter advocates Lisbon-oriented policies such as an increasing educational attainment and participation in education and training, higher investment in human capital and mobility. However, these supply-side orientated policies must be complemented with measures relating to organisational effectiveness which strongly influence the dynamism of the economy and the quality of working life through their impact on productivity. This is a source of major concern since the knowledge-based economy is fundamentally about the behaviour of organizations rather than individuals. The rational and efficient solution to problem of low productivity is to make work-base learning workable, which requires an organizational design and setting of workplaces consistent with the creation and diffusion of tacit and informal knowledge.

Suggested Citation

  • Robert M. Lindley, 2007. "Creating the ‘Neo-Lisbon’ Economy," AIEL Series in Labour Economics, in: Nicola Acocella & Riccardo Leoni (ed.), Social Pacts, Employment and Growth. A Reappraisal of Ezio Tarantelli’s Thought, edition 1, chapter 14, pages 273-288, AIEL - Associazione Italiana Economisti del Lavoro.
    • Handle: RePEc:ail:chapts:02-14
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    File URL: http://link.springer.com/chapter/10.1007/978-3-7908-1923-6_14
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    More about this item

    Keywords

    Lisbon-oriented policies; productivity; organisational design.;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • J59 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Other

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