Entrepreneurship and Employment - Part 2
Free
25 minutes
English

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Description

The content delves into the dynamics of employment decisions within mature and young industries. It notes that as industries mature, employment growth rates slow down compared to young industries. This is attributed to factors like changing competitive conditions and job losses due to automation or other forms of technological disruption. On the other hand, emerging technologies can create new business opportunities that employ a new generation of workers. The interplay between technology advancements, economic cycles, and entrepreneurship is considered crucial for understanding these dynamics. The role of formality in economic development is also underscored, with examples illustrating how informality can be leveraged towards formalization through the adoption of fintech solutions. This leads to greater flexibility in earning money and undertaking instruments of saving and reinvestment in one's own business. Furthermore, the adoption of technology by the informal sector is seen as essential for its renewal and the potential of new technologies like electric vehicles, cloud-based internet of things, or artificial intelligence to renew the formal sector itself. learn more

Professions

Startup Founders Small Business Owners Scientists Researchers product developers Marketers Management consultants Innovation Specialists Finance professionals Entrepreneurs Economists Business Managers

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