HUMAN-CAPITAL, AS A LOCATION FACTOR IN GE RMANY - ARGUMENTS FROM THE LABOR-MARKET

Human capital is a decisive factor in the location of industrial plant s in Germany. However its growth in recent years has not kept technolo gical inventions from stagnating. Employment projections, as in other lands, indicate a lower demand for unskilled labor and the need to imp rove job qualifications. This calls for changes in education and job-t raining policies, in particular with regard to the ''dual apprentice s ystem'' and university education.