Globalization of the Economy, Unemployment and Innovation

A. Economic Globalization.- 1. Globalization of the Economy and Increasing International Competition.- 2. Globalization and Rising Importance of Diffusion.- 3. Globalization, Telecommunications and Diffusion.- B. Unemployment and Innovation in Europe.- 1. EU Labor Markets Facing Globalization and Intensified Technology Competition.- 2. The Global Economy: R&D, Structural Change and Employment Shifts.- C. Labor Costs, Unemployment and Innovation.- 1. Labour Cost Pressure and Unemployment.- 2. Factors Underlying High Labor Costs.- 3. Analytical Types of Wage and Labor Cost Pressure.- 4. Wage Pressure, Productivity Growth and Innovation.- 5. Bargaining Regimes and Incentives.- 6. Firm Size, Productivity and Labor Costs.- 7. Wage Pressure, Innovation, FDI and Unemployment.- 8. Conclusions and Policy Implications for Europe.- D. Issues of Innovation Policy.- 1. R&D Policy and Reforms.- 2. Innovation and Innovation Policy.- 3. Adjusting Guidelines, Promoting Cooperation and Increasing Transparency.- 4. Environmental Problems and Growth: Some Policy Conclusions.- 5. Exploiting Communication Opportunities.- 6. New Role for the EU in Education Policies.- 7. Mobilizing Entrepreneurship in Universities.- 8. Perspectives: Globalization and Political Innovation in a Democracy.- 9. Globalization, the Information Society and Economic Catching-up in the World Economy.- List of Tables and Figures.- References.

Paul J. J. Welfens, geb. 1957 in Düren, Studium der Volkswirtschaftslehre in Wuppertal, Duisburg und Paris, Promotion 1985, Habilitation1989. Inhaber des Lehrstuhls für Volkswirtschaftslehre - Schwerpunkt Makroökonomische Theorie und Politik an der Bergischen Universität Wuppertal; Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW); Jean-Monnet-Professor für Europäische Wirtschaftsintegration; zuvor Distinguished Research Fellow am AICGS/The Johns Hopkins University, Professor an der Universität Münster bzw. Potsdam, Visiting Alfred Grosser Professor Sciences Po, Paris.