© GERET 2015

High-end LabourRussia’s key resource

Outline

•Russia needs the most advanced technology of the modern age

•Reasons given by Radhika Desai

•What is this technology?

•Scientific and Creative Economy

•Main resource: Scientific and Creative Labour

Sources

•UK Department of Culture, Media, Sport (DCMS)

•National Endowment for Science, Technology and the Arts (NESTA)

•Researchers• Hasan Bakhshi (UK)• Alan Freeman (Canada)• Peter Higgs (Australia)

• These is the best data in the world

0 500 1000 1500 2000 2500 3000 3500

Financial and insurance

Construction

Creative Economy

Manufacturing

Science economy

2013 jobs

- 1,000 2,000 3,000 4,000 5,000

Financial and insurance

Construction

Manufacturing

Creative Economy

Science economy

2030 jobs

Each age has a characteristic technology

•Victorians: steam and trains

•Early 20th Century: electricity and steel

•Postwar: oil and motor transport

•21st Century: ICT and creative labour

Non-substitutable (high-end) labour

•Decisive feature of the modern economy

•Cannot be replaced by a machine

•Main driver of economic growth

Fastest growth in the UK

What is a creative industry?

Creative workers in the creative industries

Non-creative workers in the creative industries

Creative workers outside the

creative industries

Creative Intensity = 2/(1+2) = 52%Source: DCMS January 2015 Creative Industry Estimates, Figure 1 (page 3)

A new marriage of human and machine• Not ‘Age of the robots’ – human labour is decisive

• Not ‘post-industrial’ – cannot do without the machinery

• The machinery supports service delivery• Electronics, ICT, digitalization• Cities• Transport

• The machinery needs high-end labour• Software• Education• Content• Social consumption (aesthetics)

A new relation of public and private• Public functions

• Protection (of domestic market and industry)

• Education and skill (production, universal creativity)

• Raising general cultural level (consumption, art for all)

• Creation of infrastructure (internet, electronics, cities, transport)

• Planning (coordination)

• Entrepreneurial functions• Discovery

• Identify opportunities

• Mobilise resources to deliver

Creative and scientific economies

Creative industries

1.7m

Science industries

2.4m

1.8m Creative workers

Science workers

1.6m