Economic Challenges in Finland and the Higher Education Anne Brunila Hanken 6.5.2015 Economic challenges o Aging population o Globalization o Rapid technological change / disruptive technologies o Narrow industrial structure and exports o Lack of competitiveness o Sustainability of public finances and public services o Low growth in Europe o Export restrictions to Russia Disruptive technologies drive growth, shift profit pools and change industry structures Cloud technology Mobile technology Internet of things 3D printing Big Data analytics Automation of knowledge work Advanced robotics Advanced materials Selfdriving vehicles Disruption is already there and the speed is increasing Paper industry Media Advertising Music industry Book publishing Traditional manufacturing Energy Retail and wholesale Warehousing and distribution Insurance and banking Travel Education and learning Health care Services Robots replacing manufacturing jobs? Are we talking about real technological breakthroughs or just the hype? “He works in the dark… 24 hours per day, 7 days per week, 365 days per year. He never takes lunch break, sick leave, or vacations…, he doesn’t need health insurance. He gets paid 30 cents per hour and can do the work of 10 men… He’s changing the world and could make you a millionaire… I’m talking about robots.” Bill Gates New technologies impact almost every area of life Economy • Industries and companies • Labour markets and the ways of working • Employment • Consumption patterns • Public services Society • Skills and competences • Education and learning -> higher education “Education is our passport to the future, for tomorrow belongs to the people who prepare for it today.” • Global economy is based on knowledge and competence: higher education! o o o o o Top level teaching and research New learning environments, digitalisation Multidisciplinarity, flexible curricula International collaboration, networks Lifelong learning • Universities as innovation hubs: ”excellence, relevance, impact” o Openness to societyorporate collaboration o Corporate collaboration, research platforms and ecosystems o Entrepreneurship, start-up’s From jobs to skills