DKE Part 1

Descripción

ECON2540
stella.kalis
Mapa Mental por stella.kalis, actualizado hace más de 1 año
stella.kalis
Creado por stella.kalis hace alrededor de 9 años
44
0

Resumen del Recurso

DKE Part 1
  1. Knowledge Industry as 4th sector of economy
    1. 1. Knowledge industries where output is knowledge
      1. E.g. business services, ICT's, education, the arts, media, finance
      2. 2. Knowledge activities in non-knowledge industries
        1. Innovation
        2. Produces: Ideas, Experiences, Meaning; rather than Objects
          1. Two Types of Knowledge
            1. 1. Codified
              1. 2. Tacit - still a place for F2F transmission
            2. Convergence
              1. defn: blurring boundaries between formerly seperate activities
                1. e.g. computers & telecomm = ICTs and Internet; + globalisation = DKE
                  1. e.g. work + leisure blending into 24/7 work
                2. lowered Barriers to Entry for services industry
                3. Networks
                  1. network organisation, digitisation, digital dsruption
                    1. Increased: JV's; Strategic Alliances;
                      1. Marshall: Exploit external economies of scale
                        1. industry grouping geographically
                          1. growth of knowledge as result of observing others (Silicon Valley)
                            1. corporate partnerships share knowledge and customer base
                            2. Consist of:
                              1. Communicating Agents (share common interest)
                                1. Unstructured Org
                                  1. Not a firm or market
                                    1. Collaboration
                                    2. Firms look like Network > Heirarchy:
                                      1. - squashing the triangle
                                        1. - virtual teams
                                          1. - quality circles
                                            1. -attention to triple bottom line
                                              1. - growing importance of shared vision & values
                                                1. - rise in stakeholder equity
                                                  1. - CSR
                                                2. Services Sector Innovation
                                                  1. knowledge based services now driving innovation across OECD
                                                    1. Services = innovative strength of DKE
                                                    2. ICT investments adopted, adapted to produce products & services
                                                      1. e.g. E-delivery of services such as accounting, legal work, tutoring etc.
                                                        1. Internet adoption = business innovation exploded
                                                          1. a) incr. communication & connection
                                                            1. b) incr. speed of innovation
                                                              1. c) greater access
                                                                1. d) faster transaction processing
                                                                  1. e) decline in costs of collab
                                                                    1. f) e-delivery of servies
                                                                      1. Now consumed ad produced seperately
                                                                        1. Trade over distance now much easier
                                                                        2. e.g. finance (online banking, trading); retail (shopping), music (downloads), education (electures) books (ebooks)
                                                                      2. often products result from collaboration
                                                                      3. Rising Inequality / Digital Divide
                                                                        1. Factors:
                                                                          1. destruction of ecosystem
                                                                            1. global warming
                                                                              1. global poverty
                                                                                1. inequality
                                                                                  1. war / terrorism
                                                                                  2. globalisation lifted missions out of poverty
                                                                                    1. Result of:
                                                                                      1. Access to ICTs
                                                                                        1. Knowledge of how to use ICTS
                                                                                        2. can be BETWEEN countries or WITHIN countries
                                                                                          1. Results in:
                                                                                            1. Information Rich VS Information Poor
                                                                                              1. Informational poverty correlated with wealth and income poverty, economic & social opportunities therefore limited
                                                                                            Mostrar resumen completo Ocultar resumen completo

                                                                                            Similar

                                                                                            DKE Part 4: Evolutionary Model of Innovation
                                                                                            stella.kalis
                                                                                            Using GoConqr to study Economics
                                                                                            Sarah Egan
                                                                                            Economics
                                                                                            Emily Fenton
                                                                                            Digital Marketing Strategy - The Essentials
                                                                                            Micheal Heffernan
                                                                                            AN ECONOMIC OVERVIEW OF IRELAND AND THE WORLD 2015/16
                                                                                            John O'Driscoll
                                                                                            Economics - unit 1
                                                                                            Amardeep Kumar
                                                                                            Using GoConqr to teach Economics
                                                                                            Sarah Egan
                                                                                            Functions of Money
                                                                                            hannahcollins030
                                                                                            Comparative advantage
                                                                                            jamesofili
                                                                                            Teaching students to be digitally literate
                                                                                            Micheal Heffernan
                                                                                            GCSE - Introduction to Economics
                                                                                            James Dodd