The expansion of the service sector, changes in technology and increasing demand for abstract and codified knowledge feed the need for qualified personnel. The transformation of work has profound consequences for the process of skill acquisition in schools, vocational training institutions and the workplace. In countries like the US or France, which can be characterised as "internal labour markets" (ILMs), the link between the education system and the labour market is rather loose and it is mostly the company which is in charge of organising work and jobs. In contrast to this, in "occupational labour markets" (OLMs) like Germany or the Netherlands, the education system provides occupation-specific skills and jobs are very much structured around standardised occupations that require specific formal training (Marsden 1990;Gangl 2001). 1 We decided to put the spotlight on three countries within the O L M cluster: Germany, Austria and Switzerland. In the political economy literature, these countries have also been labelled as "collective skill systems" (Thelen and 1 Similarly, Maurice et al. (1986) distinguish between "organisational spaces" and "qualificational spaces".