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Transformation of Labour Content and its Productivity under Conditions of the Innovation Model of Economy


  • Nevdakha Olga Yu.

    () (Kirovograd National Technical University)


The article reveals the essence of a new stage of economic development - innovation model of economy, characterises the process of labour intellectualisation. It also reveals the essence and depicts the process of transformation of labour content under conditions of transition to the innovation model of economy. It provides a comparative analysis of physical and mental labour. It states that in order to obtain long-term competitive advantage under modern conditions increase of productivity of intellectual component of labour, namely - labour of professionals, acquire the priority significance. It reveals the essence of increase of productivity of professional labour through its comparison with productivity of physical labour and gives definition to the "productivity of professional labour" notion.

Suggested Citation

  • Nevdakha Olga Yu., 2013. "Transformation of Labour Content and its Productivity under Conditions of the Innovation Model of Economy," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 4, pages 311-316.
  • Handle: RePEc:idp:bizinf:y:2013:i:4:p:311_316

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    References listed on IDEAS

    1. Jose Manuel Campa & Linda S. Goldberg, 2001. "Employment Versus Wage Adjustment And The U.S. Dollar," The Review of Economics and Statistics, MIT Press, vol. 83(3), pages 477-489, August.
    2. Burgess, Simon M & Knetter, Michael M, 1998. "An International Comparison of Employment Adjustment to Exchange Rate Fluctuations," Review of International Economics, Wiley Blackwell, vol. 6(1), pages 151-163, February.
    3. Linda Goldberg & Joseph Tracy, 2000. "Exchange Rates and Local Labor Markets," NBER Chapters,in: The Impact of International Trade on Wages, pages 269-307 National Bureau of Economic Research, Inc.
    4. Grossman, Gene M., 1986. "Imports as a cause of injury: The case of the U.S. steel industry," Journal of International Economics, Elsevier, vol. 20(3-4), pages 201-223, May.
    5. Dekle, Robert, 1998. "The yen and Japanese manufacturing employment," Journal of International Money and Finance, Elsevier, vol. 17(5), pages 785-801, October.
    6. Ana L. Revenga, 1992. "Exporting Jobs?The Impact of Import Competition on Employment and Wages in U. S. Manufacturing," The Quarterly Journal of Economics, Oxford University Press, vol. 107(1), pages 255-284.
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