00947pab a2200133 454500008004000000100001900040245003200059260000900091300001600100362001200116520063300128650001300761773003900774180718b2002   xxu||||| |||| 00| 0 eng d  aD'Souza, Errol  aFirms, nations and training  c2002  ap.1073-093.  aOct-Dec  aNations have used different strategies for skill acquisition - from apprenticeship systems and firm-specific training to individual motivation. Firms and their employees, on theother hand, invest in training depending on the possibility of expropriation of the returns, which in turn necessitates the introduction of safeguards for such investments that are in place. The firm needs to be seen not solely as a nexus of contracts between owners and managers of physical assets but also as a combination of specific investments between managers and employees which is an important determinant of its competitiveness. - Reproduced.  aTraining  aIndian Journal of Labour Economics