Technological Retardation

JOURNAL ARTICLE

Maurer, M. Technological Retardation. Journal of Contextual Economics – Schmollers Jahrbuch, 105(6), 661-682. https://doi.org/10.3790/schm.105.6.661

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Maurer, Martin

Section Title	Page	Action	Price
Martin Maurer: Technological Retardation. The Decline of the Swiss Watch Industry	661
1. Introduction	661
2. The Performance of the Swiss Watch Industry	662
2.1 The Importance of Watch Exports	662
3. The Stability of the Production Structure	663
4. The Managerial Failure to Innovate and Restructure	665
4.1 Innovation Incentives in a Cartelized Structure	666
5. The Development of the Labour Market	669
6. The Dynamics of Wages: Incentive or Threat?	671
7. Productivity Increase without Major Technical Change	674
7.1 Localized Learning Process	678
8. Wage Restrainment: Sin or Virtue?	679
Summary	681
Zusammenfassung	681
Bibliography	681