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New Education Models for the Workforce of the Future

Author

Listed:
  • Pastore, Francesco

    (Università della Campania Luigi Vanvitelli)

Abstract
This paper addresses the directions to follow when designing new educational systems and school-to-work transition regimes to adhere to the needs of Industry 4.0. Although a high level of general education will be important for its training content to develop adaptability, it is not the only component to develop. What will be more and more important are work related skills, both the general ones and the ones which are job-specific and need, therefore, on-the-job training to develop. This will require important educational reforms to favour an ever-better integration between educational institution and the world of work. Young people and their families alone will not be able to adapt on their own to the new human capital requirements of Industry 4.0 production. A new framework for an integrated action by governments, firms, educational institutions and families is needed to smooth the school-to-work transition in the future. The duality principle is the basis for a strong diversification of the supply of education.

Suggested Citation

  • Pastore, Francesco, 2018. "New Education Models for the Workforce of the Future," IZA Policy Papers 143, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izapps:pp143
    as

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    File URL: https://docs.iza.org/pp143.pdf
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    References listed on IDEAS

    as
    1. Marco Vivarelli, 2014. "Innovation, Employment and Skills in Advanced and Developing Countries: A Survey of Economic Literature," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(1), pages 123-154.
    2. Francesco Pastore, 2015. "The Youth Experience Gap," SpringerBriefs in Economics, Springer, edition 127, number 978-3-319-10196-5, June.
    3. Pastore, Francesco, 2017. "Why so slow? The School-to-Work Transition in Italy," GLO Discussion Paper Series 65, Global Labor Organization (GLO).
    4. Daron Acemoglu & Jörn-Steffen Pischke, 1998. "Why Do Firms Train? Theory and Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(1), pages 79-119.
    5. Giuseppe Lucio Gaeta & Giuseppe Lubrano Lavadera & Francesco Pastore, 2016. "Much ado about nothing? The wage penalty of holding a Ph.D. degree but not a Ph.D. job position," Discussion Papers 7_2016, CRISEI, University of Naples "Parthenope", Italy.
    6. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," NBER Chapters, in: Investment in Human Beings, pages 9-49, National Bureau of Economic Research, Inc.
    7. Gaeta, Giuseppe Lucio & Lubrano Lavadera, Giuseppe & Pastore, Francesco, 2016. "Much Ado About Nothing? The Wage Effect of Holding a Ph.D. Degree But Not a Ph.D. Job Position," IZA Discussion Papers 10051, Institute of Labor Economics (IZA).
    8. Giuseppe Lucio Gaeta & Giuseppe Lubrano Lavadera & Francesco Pastore, 2017. "Much Ado about Nothing? The Wage Penalty of Holding a PhD Degree but Not a PhD Job Position☆," Research in Labor Economics, in: Skill Mismatch in Labor Markets, volume 45, pages 243-277, Emerald Group Publishing Limited.
    9. Werner Eichhorst & Núria Rodríguez-Planas & Ricarda Schmidl & Klaus F. Zimmermann, 2015. "A Road Map to Vocational Education and Training in Industrialized Countries," ILR Review, Cornell University, ILR School, vol. 68(2), pages 314-337, March.
    10. Francesco Pastore, 2018. "Why is youth unemployment so high and different across countries?," IZA World of Labor, Institute of Labor Economics (IZA), pages 420-420, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Industry 4.0; robotics; sequential versus dual education systems; human resources management and policy;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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