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Technological and institutional changes on the labour market and in corporate organization. A comparison of Western and East-Central Europe

100%
Kapas J., Czegledi P.
Kozgazdasagi Szemle (Economic Review)
|
2008
|
vol. 55
|
issue 4
308-332
EN
A framework for understanding the interconnections of technological and institutional changes is offered by a theory that rests on the technological-economic paradigm. For harmony between the new technology and the institutions develops only through a slow process of institutional transformation. The technological change of paradigm in the American system of institutions has brought far better adaptation to the info-communication revolution than Europe's has. The study presents in two fields - the labour market and corporate organization - how the leading post-socialist and West-European countries alike have faced the problem of providing an institutional system suited to the consequences of the info-communications revolution.
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