Careers in academe: The academic labour market as an eco-system

Purpose: This paper aims to explore the contrast between stable and dynamic labour markets in academe in light of career theories that were originally developed for business environments. Design/methodology/approach: A conceptual design, offering the eco-system as a framework. Findings: It evaluates their relevance and applicability to dynamic and global academic labour markets using the emerging novel eco-system theory. Lessons are drawn for individual scholars employed in the higher education sector as well as to institutions. Practical implications: The paper suggests practical indications for people-management within academe. It integrates human capital theory, psychological-contract concepts and career perspectives about people-management with practical career advice for the sector. Originality/value: The paper offers a conceptual framework to better understand labour markets, in particular academic labour markets, using eco-system as a strong explanatory power.