earticle

영어

This paper analyzes a relationship between the life-long learning system in the firm-level and the long-term productivity. Introduction of the life-long learning system into the firm is found to raise the long-term productivity of the firm. To address the issue of the effect of eduction- training investment on the long-term productivity, this paper estimates total factor productivity of the firms using case studies. The empirical results imply that introduction of the life-long learning system into the firm affects the long-term productivity of the firm positively. It tends to raise total factor productivity of the firms, per capita value added and even technical efficiency of the firms.