follow link COM Ltd. How can the Greek economy continue its recovery? Investing in skills and technological change will be part of the solution, argues Cyril Muller.
Athens has been a source of steady good news in recent months. Unemployment has fallen from its crisis peak of In August , Greece exited its last economic adjustment program , after implementing scores of structural reforms aimed at providing the basis for a sustained recovery.
As the immediate pressures of the crisis wane, policymakers are now considering what it takes to sustain this incipient recovery over the long term. Technological change — the fourth industrial revolution commonly known as Industry 4. Successful tech ventures have benefited from Greek strengths, including a strong local talent pool, competitive wages and an established global network through the Greek diaspora. These success stories are not yet representative of a new Greek economy. Because while tech offers ever-richer opportunities for well-skilled workers and frontier firms, low-skilled workers and less productive firms increasingly risk falling behind.
Greece needs to emphasize policies that combine better opportunities for firms and for people to take advantage of technological change.
This should include a friendlier business and innovation environment to attract more domestic and foreign investors. Topics could include but are not limited to the following:.
We are particularly interested in papers makes substantial contribution to operations, international business and strategy research. Both empirical and conceptual papers are welcome.
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The relentless parade of new technologies is unfolding on many fronts. This should include a friendlier business and innovation environment to attract more domestic and foreign investors. It is described by the following statements:. Open interactive popup. And industries and technologies also differ significantly in their links with science. In reading Smith, one can see that the current emphasis on increases in capital per worker and on technological advance as sources of growth is no new conception:. Thomas Malthus is another great classical economist whose central interest was economic growth.
Topics could include but are not limited to the following: How technology and innovation have transformed the emerging countries e. How much of this progress is indigenous and how much is attributed to Chinese FDI? What experience have the emerging countries had with the growth pains of their new economy? How has the technology progress affected wealth and concentration of wealth in emerging economies? How do emerging economies leapfrog and catch-up in technology?
What are organizational, economic, legal, and socio-cultural facilitators and barriers affecting technology adoption and diffusion in emerging economies? Instead of copying or adapting technologies from the west, will there be innovation revolution in emerging markets such as Africa?
What are facilitating and inhibiting factors for technological innovation in emerging markets?