知识经济与企业经营策略(1)ppt课件

1、知识经济与企业运营战略 主講人:薛琦 院長 台灣金融研訓院中華民國八十九年九月六日The New EconomyOutlineThe new economy - the U.S. modelThe engines of growth - capital, labor, technologyThe capital marketThe labor marketTechnologyMore than 20 million new jobs created since January 1993Lowest unemployment rate since 1969Lowest core inflatio

2、n rate since 1965Lowest poverty rate since 1979Rising productivitySignificant gains all across the income distributionFederal budget in surplus for 2 years in a row after nearly three decades of deficitsThe New Economy: Record-Breaking Expansion in the U.S. Council of Economic Advisors, 2000 Economi

3、c Report to the President.The Engines of GrowthOutput Q = f (K, L, T)Pro-investment policies Education, skills, and work incentives Information and other technologyCompetition and tradeNew Labor Market: Shared Capitalist Model of Work and WelfarePrinciple FeaturesLinking pay to company performanceLi

4、nking social benefits to workIndividualizes/privatizes rights and benefitsNew labor Market: StrengthsImproves efficiencyGreater incentive to work and work efficientlyAligns employee and employer financial interestDecentralizes enforcement of labor laws (dispute resolution through private arbitrators

5、 or individual courts)Helps extend full employment (lower unemployment rate and wage inflation)New Labor Market: WeaknessLess insurance against riskShifts some risk from capital to laborWorkers financial well-being more dependent on the individual firm and less on overall market conditions wider dis

6、persion of pay and conditions of workLower social safety net for the unemployedLess support for workers in a recessionNew v.s. Old Work ArrangementsNew v.s. Old Welfare ArrangementsShared Compensation System - Linking Pay to Group or Company PerformanceBenefits under Different Work Scenarios*Single

7、parent works full-time at minimum wage. modern economic growth could best be viewed as a process based on a change which raises greatly the stock of technological and social knowledge When the knowledge is used, it becomes the source of . increase in output and structural shifts that characterize modern economies.Simon KuznetsModern Economic Growth - Rate, Structure and Spread, 1996Capital deepeningCapital deepening accounts for 1.53 percentage points of annual labor productivity growth during the 1995-99 period.Role of technology Productivity growth i