3421337
Description
DKE Part 2: Labour
Market Effects
- Globalisation & Labour Markets
- connectedness determines GDP growth
- ICTs reduce cost of production and distribution
- purely digital goods & services
- digital platforms facilitating cross-border exchange
- purely digital goods & services
- Global Knowledge Economy (GKE) offers:
- more entry points
- more diverse range of players
- opportunity for more people to be a part
of production process
- more entry points
- connectedness determines GDP growth
- Prior to 1990s: globalisation of skilled jobs -
manufacturing outsourced
- Recently: Outsourcing knowledge services e.g.
programmers, education, call centre staff etc.
- BENEFITS: reduced poverty, increased wealth and opportunity
- DRAWBACKS: Threatens middle-class jobs in advanced countries.
- (Not a full loss - knowledge workers can now be employed worldwide)
- (Not a full loss - knowledge workers can now be employed worldwide)
- BENEFITS: reduced poverty, increased wealth and opportunity
- Changing Labour Force
- "knowledgification" of ordinary jobs
- growth in demand for:
- high skilled knowledge workers
- low skilled service workers
- high skilled knowledge workers
- More Flexible Work Arrangements
- work less time / location dependent
- work less time / location dependent
- more collaborative team based work
- Womens opportunity and
participation increased
- Self employment
- sharing economy: Uber, Airbnb, Elancer
- sharing economy: Uber, Airbnb, Elancer
- 2 Workplaces Emerge:
- 1) Standard "Traditional" workplace
- full time career
- government / large company
- securiy
- results focussed
- lack of flexibility
- full time career
- 2) The Non-Standard Workplace
- Part time, casual, contractor
- less security
- focus on innovation, building brand
- flexible
- lots of opportunities
- fast growth
- Forces of digital tech reshaped
entrepreneurship & innovation
- Part time, casual, contractor
- 1) Standard "Traditional" workplace
- "knowledgification" of ordinary jobs
- Entrepreneurs
- creating business activity, commercialising ideas
- foundation of economic growth
- people , companies (e.g. Google, CSL, Cochlear), or Networks / Alliances
- use knowledge in different ways
- changing connective structure of the knowledge base of economy
- engaging in experiments
- want to make a difference
- Social Entres: Superannuation policy
- Social Entres: Superannuation policy
- Need to be able to
- See opportunities first
- Sieze them
- Capitalise using other peoples money
- See opportunities first
- creating business activity, commercialising ideas
0 comments
Want to create your own Mind Maps for free with GoConqr? Learn more.