The purpose of this paper is to analyze the role of universities and other institutions in successful entrepreneurship. Insights are obtained following a literature review approach. Case studies from the United States (New York startup), Spain (Mondragon), and Germany provide strong evidence that universities are very instrumental in the creation,…

In this era of global competition, human resources will play a decisive role in the battle for efficiency and competitive advantage, where nations and organisations with superior and quality-oriented human capital will soon outperform those with inefficient and quantity-oriented labour force. Rate of human capital formation will be more important…

Recommends a dual strategy of investment in high wages/high technology and demand-led on-the-job skill acquisition, which will result in learning by doing at a higher technical level and relatively high productivity and return on investment. Offers this strategy as a replacement for costly publicly funded vocational training. (SK)

Nine articles describe the experience of Jobrotation in France, Denmark, and Germany, a program that enables workers to take training leaves of absence while their jobs are performed by specially trained replacements. Discusses benefits of this human capital investment for businesses, workers, unemployed persons, and government. (SK)

Job training is a powerful tool for growth, but only if embedded in a climate of pro-growth policies that it complements. To attract capital to create growth and jobs, a country has to offer favorable supply side conditions. A skilled labor force is one of several important supply side categories, whose growth effects are strongest when the other…