null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
3421337
DKE Part 2: Labour Market Effects
Description
ECON2540
No tags specified
digital knowledge economy
innovation
labour market
econ2540
bachelor
Mind Map by
stella.kalis
, updated more than 1 year ago
More
Less
Created by
stella.kalis
about 9 years ago
39
0
0
Resource summary
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
Global Knowledge Economy (GKE) offers:
more entry points
more diverse range of players
opportunity for more people to be a part of production process
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)
Changing Labour Force
"knowledgification" of ordinary jobs
growth in demand for:
high skilled knowledge workers
low skilled service workers
More Flexible Work Arrangements
work less time / location dependent
more collaborative team based work
Womens opportunity and participation increased
Self employment
sharing economy: Uber, Airbnb, Elancer
2 Workplaces Emerge:
1) Standard "Traditional" workplace
full time career
government / large company
securiy
results focussed
lack of flexibility
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
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
Need to be able to
See opportunities first
Sieze them
Capitalise using other peoples money
Show full summary
Hide full summary
Want to create your own
Mind Maps
for
free
with GoConqr?
Learn more
.
Similar
DKE Part 4: Evolutionary Model of Innovation
stella.kalis
Innovative Uses of Technology
John Marttila
Steve Jobs 1955-2011
Andrea Leyden
The Labour Market
Alvaro Ferreira6626
Educational Technology QUIZ 1
Mirna Uribe
Introduction to innovation,creativity and entrepreneurship
ami azman
Public Policy Approaches
stella.kalis
Steve Jobs 1955-2011 - created from Mind Map_1
Andrea Leyden
ADMINISTRACION ESTRATEGICA
sebastian yepes
Fostering Innovation and Excellence
siennariehle
Prototype
sws
Browse Library