Market Failure in Training?

Market Failure in Training?

Author: David Stern

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 235

ISBN-13: 3642769861

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The papers in this volume were fIrst presented at a symposium on "An Expanded Public Role in Job Training? The Issue of Market Failure in the Provision of Training. " The symposium took place in May, 1989. It was sponsored by the LaFollette Institute of Public Affairs at the University of Wisconsin, Madison. JozefRitzen, then in Madison on leave from Erasmus University in the Netherlands, organized the symposium. Subsequently he became Minister of Education and Science for the Netherlands. He asked David Stern to fInish the work of editing the papers for publication. All the papers have been revised in light of comments by discussants at the symposium, as well as subsequent comments by the editors and outside reviewers. INTRODucrroN AND OVERVIEW Jozef M. M. Ritzen Erasmus University Rotterdam Minister of Education and Science The Netherlands David Stem School of Education University of California, Berkeley Two factors are contributing to an increased interest in the training of adult employees. First, there is the present high rate of change in the technologies embodied in products and in production processes. This enhances the negative effect of the undersupply of training on economic growth. Higher levels of training would provide a more fertile environment for technological change. The second factor is the aging of the population.


Crisis Management and Public Policy

Crisis Management and Public Policy

Author: Hui Ying Sng

Publisher: World Scientific

Published: 2011

Total Pages: 219

ISBN-13: 9814340901

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"One of the key themes of this book is to study economic crises and financial crises, and the policy measures that are available to manage them. The second key theme of the book is to review several public policies in Singapore, such as competition, healthcare, training, free trade agreements, state capitalism and inequality."--Publisher's description.


Acquiring Skills

Acquiring Skills

Author: Alison L. Booth

Publisher: Cambridge University Press

Published: 1996-04-18

Total Pages: 374

ISBN-13: 9780521472050

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In recent years, technological change, unemployment and industrial restructuring have highlighted training and the acquisition of skills as a policy issue. Throughout the industrialized world there is widespread concern that employees are insufficiently skilled. This deficiency can have serious economic consequences, reflected in excessive unemployment, meager growth, impeded competitiveness, excessive wages, insufficient innovation, and deficient product quality. This volume, from the Centre for Economic Policy Research, provides a systematic account of all the major market failures in the area of skills acquisition.


The Right Skills for the Job?

The Right Skills for the Job?

Author: Rita Almeida

Publisher: World Bank Publications

Published: 2012-07-13

Total Pages: 192

ISBN-13: 0821387154

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This book revisits skills development policies and points to new directions for making training programs more effective and responsive in increasingly competitive labor market.


Morality, Competition, and the Firm

Morality, Competition, and the Firm

Author: Joseph Heath

Publisher: Oxford University Press

Published: 2014-08-01

Total Pages: 425

ISBN-13: 0199990492

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In this collection of provocative essays, Joseph Heath provides a compelling new framework for thinking about the moral obligations that private actors in a market economy have toward each other and to society. In a sharp break with traditional approaches to business ethics, Heath argues that the basic principles of corporate social responsibility are already implicit in the institutional norms that structure both marketplace competition and the modern business corporation. In four new and nine previously published essays, Heath articulates the foundations of a "market failures" approach to business ethics. Rather than bringing moral concerns to bear upon economic activity as a set of foreign or externally imposed constraints, this approach seeks to articulate a robust conception of business ethics derived solely from the basic normative justification for capitalism. The result is a unified theory of business ethics, corporate law, economic regulation, and the welfare state, which offers a reconstruction of the central normative preoccupations in each area that is consistent across all four domains. Beyond the core theory, Heath offers new insights on a wide range of topics in economics and philosophy, from agency theory and risk management to social cooperation and the transaction cost theory of the firm.


Slaying Goliath

Slaying Goliath

Author: Diane Ravitch

Publisher: Vintage

Published: 2020-01-21

Total Pages: 352

ISBN-13: 0525655387

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From one of the foremost authorities on education in the United States, Slaying Goliath is an impassioned, inspiring look at the ways in which parents, teachers, and activists are successfully fighting back to defeat the forces that are trying to privatize America’s public schools. Diane Ravitch writes of a true grassroots movement sweeping the country, from cities and towns across America, a movement dedicated to protecting public schools from those who are funding privatization and who believe that America’s schools should be run like businesses and that children should be treated like customers or products. Slaying Goliath is about the power of democracy, about the dangers of plutocracy, and about the potential of ordinary people—armed like David with only a slingshot of ideas, energy, and dedication—to prevail against those who are trying to divert funding away from our historic system of democratically governed, nonsectarian public schools. Among the lessons learned from the global pandemic of 2020 is the importance of our public schools and their teachers and the fact that distance learning can never replace human interaction, the pesonal connection between teachers and students.


Market failure?

Market failure?

Author: Great Britain: Parliament: House of Commons: Communities and Local Government Committee

Publisher: The Stationery Office

Published: 2009-07-23

Total Pages: 92

ISBN-13: 9780215540324

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The Committee undertook this inquiry into traditional retail markets to determine whether local authorities and central government should be doing more to support them. The Committee has come to appreciate the complex and diverse nature of the traditional retail markets sector. A significant number of all types of markets continue to thrive, but the number in decline appears to be greater than the number that is not. There are a number of reasons for the decline, the most significant being increased competition from supermarkets, other alternative cheap retail outlets and the internet. Nevertheless, a growing number of markets are adapting successfully to change. Local authorities and central government should care about markets, because of the multi-faceted nature of the benefits that successful markets can bring to local towns and communities. The report identifies five key benefits: economic; social (eg in encouraging social cohesion); assisting the regeneration of town centres; promoting healthy eating; and reducing environmental impacts in the retail sector. On finance and management the report notes lessons from elsewhere in Europe; identifies best practice, and recommends that councils consider using prudential borrowing, market champions at a senior level within the council, and co-operation with the private sector. The report also addresses; the challenges facing medium and small town councils seeking to keep smaller, local markets alive; the need for better promotion and recruitment and training for existing traders and market managers; the strategic role of central government.


Why Startups Fail

Why Startups Fail

Author: Tom Eisenmann

Publisher: Currency

Published: 2021-03-30

Total Pages: 368

ISBN-13: 0593137035

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If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.


SMEs in Developing Asia

SMEs in Developing Asia

Author: Paul Vandenberg

Publisher:

Published: 2017-02-28

Total Pages: 0

ISBN-13: 9784899740674

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A vibrant stratum of small and medium-sized enterprises (SMEs) is critical for the growth and development of Asian economies. These enterprises generate employment, contribute to investment, participate in value chains, and support innovation. SMEs that seek to sustain and grow their operations, however, face a variety of constraints, many of which are directly related to size. These so-called "size-induced market failures" create a role for public policy interventions by governments throughout the region. This book focuses on the market failures encountered by enterprises in the key areas of technology and innovation, credit and finance, education and skills, and market access. Obstacles to participation in the rapidly expanding regional and global value chains are also examined. Among a variety of issues, the book explores the "missing middle" in credit facilities for enterprises that are beyond microcredit but not yet able to secure regular loans from banks. The book investigates the barriers to innovation and how best to combine internal and external research and development. It also looks at the hiring versus training options to build human capital. The various chapter authors examine national and multicountry experiences in South and East Asia, ranging from those in Pakistan to Japan.