Reshaping the labor market: understanding the dynamics of a skill-biased technological change from the business and engineering education perspective

Karapici, Amanda; Grösser, Stefan (2018). Reshaping the labor market: understanding the dynamics of a skill-biased technological change from the business and engineering education perspective In: 36. International Conference of the System Dynamics Society. Reykjavík, Iceland. 07.-09.08.2018.

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Technological progress has shifted the composition of employment, making business skills obsolete to a certain degree and replacing them with digital skills needed in a digitalized labor market. In Switzerland, digital skills such as coding or data science, and analytics, are generally taught in university level academic programs offered pertaining to the field of engineering, but they lack in the field of business. This inconsistency of digital literacy in the Swiss educational system, on the one hand governs the labor supply by creating a semi-permeable membrane which gives the possibility to engineering students to gain some of the traits of business students and get hired in the latter’s respective job positions, leading to an educational mismatch. On the other hand, it governs the labor demand, which lacks employees with the adequate level of digital skills required for the job positions, leading to a qualification mismatch in the labor market. The paper is aimed at understanding the effects that technological development has on labor market and its effects on the skills’ imbalances developed between: - labor demand, represented by the jobs available in the Swiss financial service sector; - and labor supply, represented by a potential workforce with either a business or engineering education.

Item Type:	Conference or Workshop Item (Paper)
Division/Institute:	School of Engineering and Computer Science > Institute for Data Applications and Security (IDAS) School of Engineering and Computer Science School of Engineering and Computer Science > Institute for ICT-based Management (ICTM)
Name:	Karapici, Amanda and Grösser, Stefan0000-0003-3412-2711
Language:	English
Submitter:	Service Account
Date Deposited:	29 Oct 2019 09:03
Last Modified:	18 Dec 2020 13:28
URI:	https://arbor.bfh.ch/id/eprint/7578