Adapting Industrial Relations to Serve Knowledge-based Economies

2006 ◽  
Vol 48 (1) ◽  
pp. 7-20 ◽  
Author(s):  
Thomas A. Kochan
Keyword(s):  
Global Economy ◽  
Industrial Relations ◽  
Full Time ◽  
Global Knowledge ◽  
International Consensus ◽  
Knowledge Based ◽  
Diffusion Of Knowledge ◽  
Knowledge Based Economy ◽  
New Institutions ◽  
Worker Voice

The central challenge facing industrial relations today is how to adapt its policies, institutions, practices, and research to serve the needs of the workforce and society in a global, knowledge-based economy. The field of industrial relations rose to prominence in the 20th century because it helped workers and employers adapt to their growing industrial economies. Today, we observe that many of the institutions and policies developed for the industrial era are in decline. A similar transformation of policies, institutions, and practices will be needed to help workers, families, communities, and societies adapt to the requirements of a knowledge-based, global economy. This will require renewed commitment to universal and life-long education and training, broad diffusion of knowledge-based work systems in organizations, more transparency and more direct worker voice in corporate governance structures and processes, flexible labor market policies that support mobility and portability of benefits across jobs and movement in and out of full time work as women and men move through different stages of their careers and family lives, and new institutions for worker voice and representation at work and in society. Given the global nature of economic activity, these reforms cannot be limited to single national systems; they must be part of a broader international consensus and coordinated effort to build transnational systems for managing cross border flows of human capital, jobs, knowledge, and value.

Supply Chain Knowledge Integration in Emerging Economies

2012 ◽  
pp. 1002-1018
Author(s):  
Ryan Atkins
Keyword(s):  
Emerging Economies ◽  
Knowledge Integration ◽  
Global Knowledge ◽  
Developed Economies ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Level Of Knowledge ◽  
Complex Knowledge ◽  
The Relationship

Firms in developed economies have been purchasing from firms in emerging economies for years, but they typically purchase low value, low margin items. Opportunities have arisen for emerging economy manufacturers to supply higher value products and services to firms in developed economies. In today’s global, knowledge based economy, suppliers must have cutting edge knowledge, and they must constantly upgrade their knowledge to maintain a competitive advantage. When supplying high-value products, complex knowledge based interactions between the buyer and supplier are necessary. A conceptual model is developed in this chapter, proposing that if suppliers in emerging economies are committed to long term relationships with developed economy customers, they can increase the level of knowledge integration in the relationship, and in turn, improve performance. The primary contribution of this chapter is to show that firms in emerging economies can achieve sales growth by becoming critical links in today’s global, knowledge based supply chains.

scholarly journals Knowledge Management Practice in Private Sector: Building the Way for Saudi Arabia Strategic Growth and Transformation To Knowledge-Based Economy

2018 ◽  
Vol 7 (2.34) ◽  
pp. 69
Author(s):  
Abdulrahman Gharamah ◽  
Mohamad Fauzan Noordin ◽  
Najma Imtiaz Ali ◽  
Imtiaz Ali Brohi
Keyword(s):  
Saudi Arabia ◽  
Knowledge Management ◽  
Private Sector ◽  
Global Economy ◽  
Management Practice ◽  
Growth Strategy ◽  
Added Value ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Major Player

The Kingdome of Saudi Arabia (KSA) and its growth objective is to be a major player in the global economy and moving toward a knowledge-based economy. To achieve its objectives, the private sector in various fields in KSA needs to be in line with country’s ambitious goal; Knowledge Management (KM) handling and readiness for the foreseen customer demand need to be in line with goals. This study presents a critical review to evaluate existing KM practice in the private sector in Kingdom of Saudi Arabia (KSA) to see the readiness of this sector to play an integral role of knowledge-based economy and support nation’s growth strategy.  The paper will examine current states in term of how knowledge management is practiced in the country.  This paper addressed various aspects of knowledge management ranges from the need of implementing knowledge management systems to the added value by deploying such systems. In addition, the review was discuss if the private sector is heading in the right direction, and coherent with KSA strategic goal by examining a sample of four major firms in private sector. The outcome of the sample reflected that the private sector is harmonized with KSA objective. 

Supply Chain Knowledge Integration in Emerging Economies

2010 ◽  
pp. 104-121
Author(s):  
Ryan Atkins
Keyword(s):  
Emerging Economies ◽  
Knowledge Integration ◽  
Global Knowledge ◽  
Developed Economies ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Level Of Knowledge ◽  
Complex Knowledge ◽  
The Relationship

Firms in developed economies have been purchasing from firms in emerging economies for years, but they typically purchase low value, low margin items. Opportunities have arisen for emerging economy manufacturers to supply higher value products and services to firms in developed economies. In today’s global, knowledge based economy, suppliers must have cutting edge knowledge, and they must constantly upgrade their knowledge to maintain a competitive advantage. When supplying high-value products, complex knowledge based interactions between the buyer and supplier are necessary. A conceptual model is developed in this chapter, proposing that if suppliers in emerging economies are committed to long term relationships with developed economy customers, they can increase the level of knowledge integration in the relationship, and in turn, improve performance. The primary contribution of this chapter is to show that firms in emerging economies can achieve sales growth by becoming critical links in today’s global, knowledge based supply chains.

scholarly journals Implementation of 21st Century Skills in Higher Education of Pakistan

2019 ◽  
Vol IV (III) ◽  
pp. 223-233
Author(s):  
Hayat Khan ◽  
N.B. Jumani ◽  
Nawab Gul
Keyword(s):  
Higher Education ◽  
Problem Solving ◽  
21St Century ◽  
21St Century Skills ◽  
Global Economy ◽  
Industrial Economy ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The World ◽  
Skills Learning

The emergence of the global economy has changed the demands of citizenship and employment in the new millennium. The world is shifting from an industrial economy to knowledge based economy. Keeping in view these challenges, 21st century society and work sphere require individuals equipped with 21st century skills. Therefore the present study was designed to examine the implementation of 21st century skills in universities of Pakistan. The aim of the study was to examine the existing programs and practices at the universities and their relation with 21st century skills. Learning and innovation skills, also called 4Cs skills, were taken as 21st century skills in the present study. These skills consist of (i) critical thinking and problem solving, (ii) communication, (iii) collaboration, and (iv) creativity. Findings of the study revealed that these skills were not fully developed in majority of the students in universities.

scholarly journals Gospodarka oparta na wiedzy a globalne procesy geopolityczne

2010 ◽  
Vol 15 ◽  
pp. 61-68
Author(s):  
Janusz T. Hryniewicz
Keyword(s):  
Financial Market ◽  
Industrial Production ◽  
Global Economy ◽  
Political Stability ◽  
Asian Countries ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Intense Process

Emergence of the knowledge-based economy coincides with the process of deindustrialization in the more wealthy countries. In some Asian countries, we can observe an intense process of industrialization. The main goal of this article is to verify the advantages and losses coming from participating in the global economy in the light of the “centre – periphery” theory. Transfer of industrial production to peripheral countries counteracts lowering of life-standards and indirectly favours political stability in the centre countries. Global financial market is a tool for the exploitation of peripheral countries. Financial speculations in the centre countries cause political destabilization in the peripheral countries. The higher the participation of a periphery country in the global economy, the higher the losses it suffers, and the higher the advantages for the centre countries.

scholarly journals Knowledge Economy and Turkey In Terms Of Innovation and Education

2015 ◽  
Author(s):  
Burcu Sakız ◽  
Semih Sakız
Keyword(s):  
Information And Communication Technologies ◽  
Knowledge Economy ◽  
Global Economy ◽  
Information Technologies ◽  
Business Models ◽  
Developed Countries ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Information And Communication ◽  
Knowledge Intensive

Communication and information technologies have started to emerge since the 40s resulting major changes in the way business has been conducted and effected global economy. Transitions to knowledge-intensive business models become popular since late 1950s. Additionally intellectual capabilities become more important than physical inputs. Having sufficient national production and technology to create a welfare society similar to developed countries is crucial for any modern nation. One of the main developmental leverages for the globalization becomes the knowledge based economic approach. Developed by World Bank “Knowledge Assessment Methodology” is very important methodology in order to measure the progress of countries towards having a knowledge based economy. World Bank's four Knowledge Economy pillars: economic and institutional regime, education, innovation, and Information and Communication Technologies (ICTs) developed for countries to make basic assessment of countries’ readiness for the knowledge economy and help them the transition to a Knowledge Economy. In this study, knowledge economy concept and its properties are presented. Furthermore this paper introduces the analysis of knowledge economy from Turkey’s perspective especially for the role of innovation and education pillars in the development of Turkey.

Leveraging Distance Education Through the Internet

2011 ◽  
pp. 233-261 ◽  
Author(s):  
Zeynep Onay
Keyword(s):  
Distance Education ◽  
Online Courses ◽  
Classroom Interaction ◽  
The Internet ◽  
Global Knowledge ◽  
Face To Face ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
E Learning ◽  
Key Issues

In a global knowledge-based economy, with an ever-growing demand for learning, the Internet is seen as a vehicle for promoting effectiveness in teaching and reaching wider audiences. The number of online courses and programs offered by traditional higher education institutions, as well as new players in the education industry, has been increasing at an exponential rate. Yet the implementation of distance education through the Internet involves much more than a change of medium from face-to-face classroom interaction to an environment free of time and place constraints. Institutions are faced with the challenge of redefining their strategies to incorporate the e-learning paradigm. This chapter provides an overview of the different models that have emerged, and addresses the key issues that need to be resolved for integrating Internet-based learning in traditional universities. The breadth of strategic, administrative, academic and technological concerns encountered through the evolution of an Internet-based education system, from its inception to implementation, are discussed and illustrated by the e-learning initiative of Middle East Technical University in Turkey.

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