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A national multi‐gigabit‐per‐second research and education network known as the National Research and Education Network is to be established by 1996, according to the High‐Performance Computing Act of 1991 (P.L. 102–194) passed in December 1991. Commonly known as the NREN and referred to as the “information highway,” this electronic network is expected to provide scientific, educational, and economic benefits for the United States and to serve as the basis for an all‐encompassing National Information Infrastructure available to all citizens. The idea of the NREN began in the late 1960s in the Department of Defense and its Defense Advanced Research Projects Agency (DARPA) with the development of ARPANet, the first packet‐switching network. This evolved into the Internet, or Interim NREN, after the National Science Foundation (NSF) linked its national supercomputing centers with the NSFNet. The NSFNet is to be the technological backbone for the NREN, which will continue the networking begun by the Internet. Initially, the NREN is intended to interconnect researchers and resources of research institutions, educational institutions, industry, and government in every state.

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

The purpose of this article is to explore diversity in competence models across Europe and consider the extent to which there is sufficient common ground for a common European approach to underpin the European Qualifications Framework.

The paper uses a literature review and interviews with policy makers.

Despite the central role of competence in policy initiatives, conceptual approaches to competence vary not only between but also within different member states. This diversity embodies not only language issues but also fundamental cultural differences in approaches to skill formation. Whether the models have sufficient common ground to permit a “best‐fit” European‐wide approach is open to question, although this is clearly an essential prerequisite for removing barriers to labour mobility. Despite initiatives like the European Qualifications Framework there is still no consensus for adopting a common competence model and policy discussions continue to reveal confusion.

The focus on policy discussions at the European level may be a limitation, and readers should see this as the introductory scene setting to more detailed discussions in the following papers of important developments within member states. Beyond this, much is happening at the level of sectors and occupations that is the focus for practical implementation.

The paper highlights the urgent need to develop a coherent conceptual underpinning for competence descriptors in qualifications frameworks that will work as a best‐fit approach across Europe. Without this, occupational and inter‐sector mobility will be hindered.

The paper offers the most comprehensive assessment of European approaches to competence to date.