scholarly journals Digital technologies, Fourth Industrial Revolution (4IR) & Global Value Chains (GVCs) nexus with emerging economies’ future industrial innovation dynamics

2022 ◽  
Vol 10 (1) ◽  
Author(s):  
B. Nyagadza ◽  
R. Pashapa ◽  
A. Chare ◽  
G. Mazuruse ◽  
P. K. Hove
Keyword(s):  
Emerging Economies ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Global Value Chains ◽  
Value Chains ◽  
Industrial Innovation ◽  
Fourth Industrial Revolution ◽  
Innovation Dynamics

The education system in the era of the fourth industrial revolution: developing skills and thinking for learning

2021 ◽  
Vol 83 (1) ◽  
pp. 44-51
Author(s):  
S. Bespalyy ◽  
◽  
Ye. Ifutina ◽  
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Education System ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Professional Activity ◽  
Critical Element ◽  
Higher Education System ◽  
Fourth Industrial Revolution ◽  
The Impact

Computer systems and technologies are changing our society significantly. These changes are interconnected with both social and production spheres. Innovative digital technologies have a huge impact on the labor market and professional activity, contributing to their transfer to the electronic environment. Using digital technologies, modern people set new goals and solve problems with an increasing speed of problem solving, capitalizing on the possibilities of collaborative distributed actions within networks. In this regard, new competencies of specialists are in demand. Purpose: The purpose of this study was to establish the impact of the fourth industrial revolution on the education system and the development of skills and thinking for learning. Methods: When conducting scientific research, economic and statistical methods were used. These methods were also used in comparative analysis, as well as in assessing data and indicators of the higher education system, taking into account the impact of the fourth industrial revolution. The analytical method was used to consider the characteristics and factors influencing the development of skills and thinking for learning in modern conditions. The abstract-logical method is used to identify problems affecting the development of the labor market under the influence of digital technologies. Results and their value: The result of the study is that conclusions are drawn about the upcoming changes. Automation and digitalization are likely to lead to significant unemployment in most countries, so adaptation innovation policies are needed to help offset unemployment due to digitalization. Governments need to invest heavily in higher education as an economic development tool for their citizens. Lifelong learning should be identified as a critical element of success in the era of the fourth industrial revolution. Curricula should develop digital skills and address workforce disruptions due to automation.

scholarly journals Global value chains and technology transfer: new evidence from developing countries

2020 ◽  
Author(s):  
Davide Rigo
Keyword(s):  
Technology Transfer ◽  
Emerging Economies ◽  
Global Value Chains ◽  
Value Chains ◽  
Foreign Technology ◽  
Technology Firms ◽  
Transfer Of Technology ◽  
Enterprise Surveys ◽  
New Evidence ◽  
Positive Effect

Abstract International trade has long been considered a channel of technology transfer. This paper draws from the World Bank’s Enterprise Surveys to provide a sample of 18 developing and emerging economies to investigate whether global value chains (GVCs) are a vehicle for the transfer of technology. It focuses on one specific channel for technology transfer, namely, the licensing of foreign technology. To control for the possible endogeneity of technology licensing, propensity score matching is combined with a difference-in-differences approach. The results show a positive effect of being involved in two-way trading on the licensing of foreign technology. Firms that become two-way traders are significantly more likely to use foreign-licensed technology than firms starting to export or import. This evidence suggests that the complexity associated with the mode of internationalisation determines the licensing of foreign technology. GVC participation also appears to foster firms’ performance, reflecting my findings that the acquisition of foreign technology leads to significant productivity improvements.

scholarly journals An Unprecedented Time for Entrepreneurial Finance upon the Arrival of Industry 4.0

2020 ◽  
Vol 13 (10) ◽  
pp. 224
Author(s):  
Quan-Hoang Vuong
Keyword(s):  
Sustainable Development ◽  
Emerging Markets ◽  
Market Efficiency ◽  
Emerging Economies ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Debt Financing ◽  
Entrepreneurial Finance ◽  
Fourth Industrial Revolution ◽  
Stock Market Efficiency

Enterprises and entrepreneurs in emerging economies face a different set of opportunities and challenges from the fourth industrial revolution, Industry 4.0. This volume comprises a number of analyses on entrepreneurial finance with a focus on the emerging markets, covering topics such as debt financing, stock market efficiency, resource consumption, and sustainable development.

scholarly journals Quality of education and employers 'requirements at the beginning of the 21st century

2021 ◽  
Author(s):  
Alaa Mahajna ◽  
◽  
Corina Gribincea ◽  
Keyword(s):  
Labor Market ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Economic Life ◽  
Quality Of Education ◽  
Work Process ◽  
Fourth Industrial Revolution ◽  
Human Effort ◽  
The University

For centuries, education has remained largely intact being the most conservative space of human effort. Things are evolving and the situation has changed dramatically with the entry of humanity into the digital age. The competitiveness of graduates-specialists that are trained during the university period begins to be achieved during work process, in interaction with employers and is expressed in the success of the workforce according to the acquired and additional specialty. The plunge into the age of digital technologies in almost in all areas of social and economic life and allows economists, politicians, sociologists and scientists to talk about the emergence of the fourth industrial revolution. The purpose of the study is to investigate the requirements of employers towards graduates and specialists in the labor market.

scholarly journals Investigating ASEAN’s Participation in Global Value Chains: Production Fragmentation and Regional Integration

2021 ◽  
Vol 38 (02) ◽  
pp. 159-188
Author(s):  
SHENG ZHONG ◽  
BIN SU
Keyword(s):  
Economic Integration ◽  
Emerging Economies ◽  
Regional Integration ◽  
Value Added ◽  
Global Value Chains ◽  
Value Chains ◽  
Advanced Economies ◽  
New Evidence ◽  
Do So

This paper focuses on the Association of Southeast Asian Nations (ASEAN)—a major final assembler in production—where studies and evidence on the role of the region in global value chains are limited. We seek to provide new evidence regarding the extent and patterns of international fragmentation in ASEAN. To do so, we derive the foreign value-added shares of final products for all global value chains of ASEAN. Using the Asian Development Bank’s multiregional input–output tables for 2000–2017, we document a series of stylized facts. The results show declining foreign value-added shares in ASEAN. Regional economic integration within ASEAN has increased, while value-added contributions vary widely across its members. We find evidence of increasing value-added contributions from emerging economies to ASEAN, whereas the contributions from advanced economies have declined.

scholarly journals Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße ISBN 978-3-03943-597-5

2022 ◽  
Author(s):  
Nguyễn Thanh Thanh Huyền
Keyword(s):  
Mergers And Acquisitions ◽  
Emerging Economies ◽  
Industrial Revolution ◽  
Debt Financing ◽  
Financial Risks ◽  
Entrepreneurial Finance ◽  
New Era ◽  
Developed Economies ◽  
Fourth Industrial Revolution ◽  
Stock Market Efficiency

The advent of the fourth industrial revolution, Industry 4.0, brings about both opportunities and challenges that are likely to set developed economies even farther apart from emerging economies. This book, through the perspective of researchers in the emerging markets, presents analyses on a number of issues important to entrepreneurial finance, such as debt financing, mergers and acquisitions, stock market efficiency, resource allocation and consumption, and sustainable development. It aims at improving our understanding of the financing needs as well as the financial risks involved in entrepreneurial endeavors in less-developed settings in the new era.

Global Corporations and Global Value Chains

2019 ◽  
pp. 318-365
Author(s):  
Thomas Clarke ◽  
Martijn Boersma
Keyword(s):  
Emerging Economies ◽  
Global Value Chains ◽  
Value Chains ◽  
Employment Relations ◽  
Goods And Services ◽  
The Past ◽  
The Social ◽  
Global Corporations ◽  
Developed World ◽  
Mode Of Production

Many of the great international corporations of the past have now largely been disembodied into global value chains. This chapter considers the implications of the continued advance of global value chains as the mode of production for an increasing number of goods and services, and how this has impacted considerably on the economies and societies both of the developed world and the emerging economies. In turn, this has transformed corporations themselves into largely finance, design, and marketing agencies which are often distant from the production and operations which they ultimately control. While the globalization of production has brought employment and economic growth to many developing countries, it is also associated with exploitative employment relations, environmental irresponsibility, and recurrent ethical dilemmas. While corporations may disaggregate production in distant networks of contractors, they cannot as readily disaggregate the moral responsibility for the social and environmental impact of their mode of production.

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