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New Economy (new + economy)
Selected AbstractsBANK OF AMERICA ROUNDTABLE ON THE REAL OPTIONS APPROACH TO CREATING VALUE IN THE NEW ECONOMYJOURNAL OF APPLIED CORPORATE FINANCE, Issue 2 2000Article first published online: 6 APR 200 [source] CHALLENGES POSED TO OPERATIONS MANAGEMENT BY THE "NEW ECONOMY"PRODUCTION AND OPERATIONS MANAGEMENT, Issue 1 2002ROBERT H. HAYES A growing number of sophisticated observers are coming to believe that the forces driving the so-called New Economy are fundamentally reshaping world industry. Moreover, the combination of fast growth and the excitement associated with leading edge technologies has made New Economy companies magnets for management talent,and particularly for the ambitious young people who attend our management programs. Are we providing these potential managers with a good foundation for managing operations in such companies? Are the principles that we traditionally have taught in operations management (om) courses sufficiently robust that they can still be applied to New Economy operations? In this paper we argue that, although some of our familiar concepts and techniques continue to be applicable to information-intensive operations, many are not. We sketch out a way to think conceptually about the important differences between the Old and the New Economies, and their implications for operations management teaching and research. [source] Understanding Social and Spatial Divisions in the New Economy: New Media Clusters and the Digital DivideECONOMIC GEOGRAPHY, Issue 1 2004Diane Perrons Abstract: Economic inequality is increasing but has been sidelined in some of the recent debates in urban and regional studies. This article outlines a holistic framework for economic geography, which focuses on understanding social and spatial divisions, by drawing on economists' ideas about the new economy and feminist perspectives on social reproduction. The framework is illustrated with reference to the emerging new media cluster in Brighton and Hove, which, as a consequence, emerges less as a new technology cluster and more as a reflection of increasing social divisions in the new economy. [source] Workers in the New Economy: Transformation as Border CrossingETHOS, Issue 1 2006Valerie Walkerdine In this article, I seek to make an intervention in debates between psycho-logical and postmodern anthropology by engaging with the theme of border crossing. I argue that the theme of the border is one that fundamentally instantiates a separation between interior and exterior with respect to subjectivity, itself a funda-mental transformation and a painful and difficult border. This is related to a Cartesian distinction critiqued in this article. How the distinction between interior and exterior may be transcended is discussed in relation to examples of transformation from the crossing of class borders to the production and regulation of workers in a globalized and neoliberal economy. I begin with reference to postwar transformations of class with its anxious borders and go on to think about changes in the labor market and how these demand huge transformations that tear apart communities, destroy work-places, and sunder the sense of safety and stability that those gave. Advanced liberalism or neoliberalism brings with it a speeding up of the transformations of liberalism in which subjects are constantly invoked as self-contained, with a trans-portable self that must be produced through the developmental processes of personality and rationality. This self must be carried like a snail carries a shell. It must be coherent yet mutable, fixed yet multiple and flexible. But this view of the subject covers over the many connections that make subjectivity possible. I conclude by ask-ing what it would mean to rethink this issue of the production of safe spaces beyond an essentialist psychological conception of only one mother child space, separated from the social world, as having the power to produce feelings of safety? I end the article with an argument for a relational approach to subjectivity and sociality. [subjectivity, relationality, neoliberalism, workers, class] [source] Geographies of the New Economy: Critical Reflections , Edited by Peter W. Daniels, Michael J. Bradshaw, Jonathan Beaverstock and Andrew LeyshonINTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH, Issue 2 2008Richard Le Heron No abstract is available for this article. [source] Understanding the Rise of Consumer Ethnography: Branding Technomethodologies in the New EconomyAMERICAN ANTHROPOLOGIST, Issue 2 2009Timothy de Waal Malefyt ABSTRACT In this article, I aim to contribute to the ongoing discussion on the changing public role of anthropology by exploring the rise of branded ethnographic practices in consumer research. I argue that a juncture in the "New Economy",the conjoining of corporate interest in branding, technology, and consumers, with vast social changes,may explain the rapid growth of ethnography for consumer research and predict its future direction. An analysis of branded propaganda from ethnographic vendors that claim their technology-enhanced methods innovate "classic" anthropological practices discloses the way corporations employ technologically mediated means to focus on the reflexive self in consumer research. In this analysis, I reveal that technological methodologies are central to the production of branded ethnographic practices, as forms of branding and technology legitimate consumer,corporate flows of interaction. The conclusion raises awareness to the ways in which modern branding practices reconstruct anthropology in public discourse. [Keywords: branding, consumer research, ethnography, reflexivity, technology] [source] Adrift in the Third Wave: The Disorienting Life of the New EconomyNEW PERSPECTIVES QUARTERLY, Issue 3 2006RICHARD SENNETT First page of article [source] CHALLENGES POSED TO OPERATIONS MANAGEMENT BY THE "NEW ECONOMY"PRODUCTION AND OPERATIONS MANAGEMENT, Issue 1 2002ROBERT H. HAYES A growing number of sophisticated observers are coming to believe that the forces driving the so-called New Economy are fundamentally reshaping world industry. Moreover, the combination of fast growth and the excitement associated with leading edge technologies has made New Economy companies magnets for management talent,and particularly for the ambitious young people who attend our management programs. Are we providing these potential managers with a good foundation for managing operations in such companies? Are the principles that we traditionally have taught in operations management (om) courses sufficiently robust that they can still be applied to New Economy operations? In this paper we argue that, although some of our familiar concepts and techniques continue to be applicable to information-intensive operations, many are not. We sketch out a way to think conceptually about the important differences between the Old and the New Economies, and their implications for operations management teaching and research. [source] Sustainable Prosperity in the New Economy?THE JOURNAL OF THE HISTORICAL SOCIETY, Issue 2 2010Business Organization, High-Tech Employment in the United States, by William Lazonick: A Review First page of article [source] The Emergent Role of Social Intermediaries in the New EconomyANNALS OF PUBLIC AND COOPERATIVE ECONOMICS, Issue 3 2001Michael J. Piore This paper focuses on the role of social intermediaries in the evolution of the economy. By ,social intermediaries' I mean those institutions that mediate between the economy and other realms of social activity and maintain a balance between them. Among institutions of this kind are trade unions and governmental organizations but also cooperatives, household-based enterprises, religious institutions, and, increasingly, networks of professionals and business people based on race, sex, ethnicity and religion. [source] East Asia, Globalization, and the New Economy Edited by F. Gerard AdamsASIAN-PACIFIC ECONOMIC LITERATURE, Issue 2 2006Maris G. Martinsons No abstract is available for this article. [source] ,I Can't Put a Smiley Face On': Working-Class Masculinity, Emotional Labour and Service Work in the ,New Economy'GENDER, WORK & ORGANISATION, Issue 3 2009Darren Nixon The growth of the ,service economy' has coincided with the large-scale detachment from the labour market of low-skilled men. Yet little research has explored exactly what it is about service work that is leading such men to drop out of the labour market during periods of sustained service sector employment growth. Based on interviews with 35 unemployed low-skilled men, this article explores the men's attitudes to entry-level service work and suggests that such work requires skills, dispositions and demeanours that are antithetical to the masculine working-class habitus. This antipathy is manifest in a reluctance to engage in emotional labour and appear deferential in the service encounter and in the rejection of many forms of low-skilled service work as a future source of employment. [source] ICT Innovation and Economic Performance: The Role of Financial IntermediationKYKLOS INTERNATIONAL REVIEW OF SOCIAL SCIENCES, Issue 4 2002Aerdt Houben This article considers the relationship between finance and the contribution of Information and Communication Technologies (ICT) to macroeconomic performance. The general characteristics of ICT firms, especially their often ,high risk, high return' nature, suggest equity finance is more appropriate than debt finance. Also, the prevalence of information asymmetries tends to favour internal finance and venture capital with management participation. For a group of countries, we analyse correlations between financial structure and the ICT contribution to economic growth. Our results support the view that a market,oriented financial system and a well,developed venture capital market are key factors stimulating the emergence of the so,called ,New Economy'. This helps explain the considerable gap in productivity growth between the United States and Europe in the second half of the 1990s. [source] Paying attention to attention: New economies for learningEDUCATIONAL THEORY, Issue 4 2004Suzanne De Castell Challenging formal education's traditional monopoly over the mass-scale acculturation of youth, the technological infrastructure of the new economy brings in its wake a new "attentional economy" in which any "connected" adult or child owns and controls a full economic share of her or his own attention. For youth who have never known the text-bound world from which their elders have come, new technologies afford them far greater power and greatly expanded rights that enable them to decide for themselves what they can see, think, and do, as their teachers grapple with ways to attract, rather than compel, students' voluntary attention. This paper reviews various formulations of "attentional economy," and it urges the study of popular forms of technologically enabled play. These technologies effectively mobilize, direct, and sustain the engaged attention of youth, whose learning in and through play far exceeds the kind of glazed-eyed button-mashing complained of by those who have made little effort to understand the educative prospects of computer gaming. [source] The new economy: a cultural historyGLOBAL NETWORKS, Issue 3 2003Orvar Löfgren The focus is on the ways in which processes of culturalization became an important part of production, in such fields as e-commerce and ,the experience economy'. How was culture packaged and marketed in new ways, for example in the production of symbols, images, auras, experiences and events? I explore how the technologies of imagineering, performance, styling and design came to play important roles in this process. Other important traits of this development are discussed in a comparison with earlier examples of the emergence of ,new economies': the aesthetics and practices of speed, the cult of creativity, ,the catwalk economy' and the importance of public display and performance, as well as the importance of ,newness'. [source] Understanding Social and Spatial Divisions in the New Economy: New Media Clusters and the Digital DivideECONOMIC GEOGRAPHY, Issue 1 2004Diane Perrons Abstract: Economic inequality is increasing but has been sidelined in some of the recent debates in urban and regional studies. This article outlines a holistic framework for economic geography, which focuses on understanding social and spatial divisions, by drawing on economists' ideas about the new economy and feminist perspectives on social reproduction. The framework is illustrated with reference to the emerging new media cluster in Brighton and Hove, which, as a consequence, emerges less as a new technology cluster and more as a reflection of increasing social divisions in the new economy. [source] Paying attention to attention: New economies for learningEDUCATIONAL THEORY, Issue 4 2004Suzanne De Castell Challenging formal education's traditional monopoly over the mass-scale acculturation of youth, the technological infrastructure of the new economy brings in its wake a new "attentional economy" in which any "connected" adult or child owns and controls a full economic share of her or his own attention. For youth who have never known the text-bound world from which their elders have come, new technologies afford them far greater power and greatly expanded rights that enable them to decide for themselves what they can see, think, and do, as their teachers grapple with ways to attract, rather than compel, students' voluntary attention. This paper reviews various formulations of "attentional economy," and it urges the study of popular forms of technologically enabled play. These technologies effectively mobilize, direct, and sustain the engaged attention of youth, whose learning in and through play far exceeds the kind of glazed-eyed button-mashing complained of by those who have made little effort to understand the educative prospects of computer gaming. [source] The New Economy: Reality and PolicyFISCAL STUDIES, Issue 3 2001John Van Reenen Abstract This paper concerns the new economy (alias the knowledge-based economy). I examine the different meanings attached to the new economy term and the evidence surrounding it, concentrating on the upsurge in US productivity growth between 1995 and 2000. I argue that the reports of the death of the new economy have been greatly exaggerated. There is evidence that information technology has transformed the US economy and is thus likely to have a strong impact on the UK economy in coming years. I discuss how elements of public policy should adapt to these economic changes, both in terms of an overall framework and in applications to specific areas (technology policy, human capital policy, competition policy and industrial policy). The new economy is a place of hope and fear. The hope is that policy activism can cement in potential productivity gains; the fear is that government actions will not mitigate the seemingly ineluctable pressures towards social exclusion. [source] The New Economy and the Work,Life Balance: Conceptual Explorations and a Case Study of New MediaGENDER, WORK & ORGANISATION, Issue 1 2003Diane Perrons Given the varied claims made about the new economy and its implications for the organization of work and life, this article critically evaluates some conceptualizations of the new economy and then explores how the new media sector has materialized and been experienced by people working in Brighton and Hove, a new media hub. New technologies and patterns of working allow the temporal and spatial boundaries of paid work to be extended, potentially allowing more people, especially those with caring responsibilities, to become involved, possibly leading to a reduction in gender inequality. This article, based on 55 in-depth interviews with new media owners, managers and some employees in small and micro enterprises, evaluates this claim. Reference is made to the gender-differentiated patterns of ownership and earnings; flexible working patterns, long hours and homeworking and considers whether these working patterns are compatible with a work,life balance. The results indicate that while new media creates new opportunities for people to combine interesting paid work with caring responsibilities, a marked gender imbalance remains. [source] Examining resistance, accommodation and the pursuit of aspiration in the Indian IT-BPO space: reflections on two case studiesINDUSTRIAL RELATIONS JOURNAL, Issue 2 2010M. N. Ravishankar ABSTRACT This article is based on case studies of two organisations: an India-based information technology (IT) services company and a financial services company located in the UK and India. Although they operate in different sectors and have some notable contrasts, both can be seen as typifying aspects of India's new economy. Our article explores the lived experience of working in this economy,a perspective that has been relatively neglected in the extant literature. Drawing on Homi Bhabha's notions of ambivalence and mimicry, and V. S. Naipaul's powerful illustrations of these concepts in his fiction and non-fiction works, we report on how respondents talked about their aspirations within India's emerging economy, and examine their mobilisation of particular discursive resources as forms of accommodation and resistance to the demands they face at work. [source] Learning and skills formation in the new economy: evidence from GreeceINTERNATIONAL JOURNAL OF TRAINING AND DEVELOPMENT, Issue 4 2002Stella Zambarloukos In today's knowledge,driven economy, education and training are considered major factors affecting a society's level of economic attainment and growth. Lack of information,related knowledge and skills, in particular, are among the prime factors likely to delay a country's progress towards the information society. Experience, however, has shown that an educated labour force does not automatically translate into dynamic economic development and technological innovation. The human resource potential is not a simple outcome of the education system but it is a much more complex process that involves tacit knowledge, learning by doing and on,the,job training. This means that skills and knowledge acquired depend not only on the educational system but on firm organisation and culture as well as ties between organisations. The present study examines the relationship between skill supply, firm organisation and learning by means of interviews in 23 firms in Greece. It shows that a major problem faced by SMEs in peripheral European countries is the lack of in,house capabilities and knowledge which limits the amount and type of learning that takes place. Finally, the article argues that policy,makers should institute educational policies and training programmes that will compensate for the inability of Greek firms to provide a learning environment. [source] Comparing managerial careers, management development and management education in the UK and the USA: some theoretical and practical considerationsINTERNATIONAL JOURNAL OF TRAINING AND DEVELOPMENT, Issue 3 2000Graeme Martin This article explores some of the issues surrounding changing patterns of managerial careers, management development and management education in the UK and the USA. It addresses three lines of questioning: the new rhetoric of careers in the new economy, the evidence on changing organisational forms and the implications for careers and management development and education, and the future of management education and the role of business schools. The article is intended as a ,think piece' and acts as a backdrop for a comparative study of management development in Scotland and California currently being undertaken by the authors. [source] Globalization, the new economy, and the commodification of language and identityJOURNAL OF SOCIOLINGUISTICS, Issue 4 2003Monica Heller The globalized new economy is bound up with transformations of language and identity in many different ways (cf., e.g. Bauman 1997; Castells 2000; Giddens 1990). These include emerging tensions between State-based and corporate identities and language practices, between local, national and supra-national identities and language practices, and between hybridity and uniformity. Ethnolinguistic minorities provide a particularly revealing window into these processes. In this paper, I explore ways in which the globalized new economy has resulted in the commodification of language and identity, sometimes separately, sometimes together. The paper is based on recent ethnographic, sociolinguistic research in francophone areas of Canada. [source] CREATIVE CITIES: CONCEPTUAL ISSUES AND POLICY QUESTIONSJOURNAL OF URBAN AFFAIRS, Issue 1 2006Allen J. Scott I seek to situate the concept of creative cities within the context of the so-called new economy and to trace out the connections of these phenomena to recent shifts in technologies, structures of production, labor markets, and the dynamics of locational agglomeration. I try to show, in particular, how the structures of the new economy unleash historically specific forms of economic and cultural innovation in modern cities. The argument is concerned passim with policy issues and, above all, with the general possibilities and limitations faced by policymakers in any attempt to build creative cities. The effects of globalization are discussed, with special reference to the prospective emergence of a worldwide network of creative cities bound together in relations of competition and cooperation. In the conclusion, I pinpoint some of the darker dimensions,both actual and potential,of creative cities. [source] Globalization, the new economy, and part-time facultyNEW DIRECTIONS FOR COMMUNITY COLLEGES, Issue 140 2007Richard L. Wagoner This chapter analyzes data from the 1999 National Study of Postsecondary Faculty to suggest that community college part-time faculty can be understood as temporary labor in the new economy. [source] Warum haben wir rigide Arbeitsmärkte?PERSPEKTIVEN DER WIRTSCHAFTSPOLITIK, Issue 4 2001Rent-seeking versus Soziale Sicherung This article argues that unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and vested interests. In support of this more benign complementary hypothesis I discuss a range of historical, theoretical, and empirical evidence. The social insurance perspective changes substantially the assessment of often-proposed reforms of European labour market institutions. The benefits from eliminating labour market rigidities have to be set against the costs of reduced cover of human capital related risk. I also argue that it is unclear whether the forces of globalisation, and the new economy, will force countries to deregulate their labour markets. [source] Operations Risk Management: Overview of Paul Kleindorfer's ContributionsPRODUCTION AND OPERATIONS MANAGEMENT, Issue 5 2007Morris A. Cohen This paper reviews Paul Kleindorfer's contributions to Operations Management (OM), with a special focus on his research on risk management. An annotated bibliography of selected other contributions reviews the breadth of topics that have occupied Kleindorfer's research attention over his now 45 + years of research. These include optimal control theory, scheduling theory, decision sciences, investment planning and peak load pricing, plus a number of important applications in network industries and insurance. In the area of operations risk management, we review recent work that Kleindorfer and his colleagues in the Wharton Risk Center have undertaken on environmental management and operations, focusing on process safety and environmental risks in the chemical industry. This work is directly related to Kleindorfer's work in the broader area of "sustainable operations", which he, Kal Singhal and Luk Van Wassenhove recently surveyed as part of the new initiative at POMS to encompass sustainable management practices within the POMS community. Continuing in the area of supply chain risks, the paper reviews Kleindorfer's contributions to the development of an integrated framework for contracting and risk hedging for supply management. The emphasis on alignment of pricing, performance and risk management in this framework is presaged in the work undertaken by Kleindorfer and his co-authors in the 1980s on after-sales support services for high-technology products. This work on supply chain risk, and its successors, is reviewed here in light of its growing importance in managing the unbundled and global supply chains characteristic of the new economy. [source] Internally Generated Intangible Assets: Framing the DiscussionAUSTRALIAN ACCOUNTING REVIEW, Issue 24 2001Edmund Jenkins Two assertions dominate discussions about the intersection between the new economy and business and financial reporting. First, the economy of 2001 is fundamentally different from the economy of 1950 and before. Second, traditional financial statements do not capture , and may not be able to capture , the value drivers that dominate the new economy. Improved business and financial reporting of the "new economy" will require attention to recognition and measurement in financial statements, increased disclosure of non-financial performance metrics, and expanded use of forward-looking information. This paper1 addresses the first of those areas , recognition and measurement of internally generated intangible assets. [source] Should You Spin Off Your Internet Business?BUSINESS STRATEGY REVIEW, Issue 2 2000Rick Chavez The purpose of most corporate spin-offs is to unlock the shareholder value of a business unit that is not critical to the parent company's success. Internet spin-offs raise additional problems, partly because they are so new. This article sets out a multi-dimensional framework to help managers decide how to structure their internet businesses: whether to keep them integrated into the parent company, to establish them as wholly-owned subsidiaries or to spin them off ,wholly or partially'. The authors argue that companies must weigh the trade-offs between what they call the ,three Cs': control, currency and culture. The collapse of internet stock prices in April/May 2000 reduced but did not eliminate then ,currency' attraction of the spin-off option. But issues of control and culture were always just as important. Above all, the decision must be made in the context of a company's total ,digital agenda': that is, as part of a company's overall strategy for creating and sustaining value in the new economy. [source] HAYEKIAN ECONOMIC INFRASTRUCTURE AS A FOUNDATION FOR SUSTAINED PROSPERITYCONTEMPORARY ECONOMIC POLICY, Issue 1 2001JL Jordan Rather than debate whether technical advances have created a ,new economy', economists should focus on the more interesting and useful question: How do we create the sort of environment in which innovation and the productive use of new technology thrive, thereby creating economic prosperity? Such an environment is the product of government laying the appropriate infrastructure, manifested in the culture of the institutions it supports. This article discusses the features governments must incorporate into their institutions in order to build an economic infrastructure that promotes prosperity. [source] | ||||||||||||||||||||||||||||