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The ‘Network Economy’ and Models of the Employment Contract
Author(s) -
Marsden David
Publication year - 2004
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/j.1467-8543.2004.00335.x
Subject(s) - employment contract , business , labour economics , economics , market economy , work (physics) , engineering , mechanical engineering
The development of the ‘network economy’ and the project‐based work challenge established methods of regulating employment relationships. There appears to be an unsatisfied demand for its greater use, especially among employers, and this may be blocked by the lack of suitable contractual forms. Project‐based work seeks to retain some of the open‐ended flexibility of the standard employment relationship in relation to its task content but not its duration. I argue that the success of the standard employment relationship stems from articulation of its psychological, economic/incentive, and legal aspects. As yet, this appears to be lacking for more transient forms of relationship.