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The industry data are summarised in two different taxonomies, factor and skill intensive groups, which account for differences in the knowledge intensity and innovative activities within sectors.
The very idea of so much sublime skill, intensive labor, and untold wealth being lavished on art expressly designed to be invisible affronted the deepest assumptions of Western aesthetes, presupposing, as they did, the pleasure of display.
This phenomenon probably resulted from the plunge in capital investment that apparently precipitated the downturn, the implosion of many dot-coms and the fact that the cyclically sensitive manufacturing sector is much more skill intensive than it was 20 years ago.
The results provide evidence of higher productivity in R&D and skill intensive industries.
But new manufacturing production will be capital/robot intensive and skill intensive.
In era when curators and collectors embrace the cunning workshop productions of Damien Hirst and Jeff Koons as the "norm" Zokosky's arcane, labor and skill intensive paintings look "weird" in the best possible sense of the word.
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College students expecting investment in higher education to pay them a decent career dividend must therefore hope that our private sector businesses become far more skills intensive in the coming years".
Countries export either a high-skill intensive (complex) good or a low-skill intensive (simple) good.
Local habitants are thus locked into low-skill intensive coal industries and local governments accordingly devote less spending to education (Gylfason 2001; Zhan et al. 2015).
He reports that natives could benefit from relative price decreases of low-skill intensive goods and services, increased labor market efficiency, and production complementarities (Borjas, 1995; Borjas, 2001; Borjas and Katz, 2005).
In coal-rich areas, satisfied by the decent coal-related income, many people become "locked" into low-skill intensive coal-based industries and thus have a lower willingness to pursue schooling.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com