scholarly journals The influences of the "industry 4.0" development on the human capital of the industrial enterprise: foreign

2021 ◽  
Vol 4 (96) ◽  
pp. 93-117
Author(s):  
Olena Russiian ◽  
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Industry 4.0 ◽  
Health And Safety ◽  
Industrial Enterprise ◽  
Market Demand ◽  
Physical And Mental Health ◽  
Economic Sectors ◽  
Industrial Enterprises ◽  
Creative Abilities

The factors and the consequences of the "Industry 4.0" development for the human capital of the industrial enterprise were arranged in this paper. Taking into consideration the limitations of the current approaches the attention was concentrate on such human capital elements, as: education (knowledge and skills), creative abilities, motivation, health, flexibility. The particularity of this investigation is connected with the correlations between the influences of the "Industry 4.0" development on all human capital elements of the industrial enterprise, potential impacts on the educational system, the employment in industry and the labour market. The main factors of the influences of the "Industry 4.0" development on the human capital of the industrial enterprise are such as: cyber physical systems implementation in manufacturing and its automation; work places computerization; implementation and development of advanced smart-technologies and informational systems; agile adaptability to the needs of customers; uprising the new risks for the health of the employees. Furthermore, the enterprise has to know all the answers for the market demand and the ecological situation. The main characteristics of the human capital in the age of "Industry 4.0" are increasing the importance of the creative workers and their motivation; taking into account the individual peculiarities; providing the mobility and flexibility of the employees, the content of job, working hours, places of work. The preservation of health is considered as the key to the working capacity. The human capital development should be made taking into account the influences on physical and mental health of the employees. Such hazards for the human capital of the industrial enterprise were summarized: confidential data losing, forthcoming the new risks for the health of the employees, workers’ creative abilities decreasing, "burnout", inappropriate motivation, etc. The consequences of the "Industry 4.0" development are creating "Education 4.0", remote work and outsourcing development, changing of the employment structure, the content of job, standards of health and safety at work. The prospects for overriding the risks and the consequences of changes should be identified taking into account the particularities of the country technological development, the demographic determinants, the indicators of the labour market, as well as the particular characteristics of the industrial enterprises. It was identified such main global trends against the risks of the "Industry 4.0", as: the flexible labour market development, increasing the efficiency of health and safety at work, STEM and STEAM employees training, commitment to improve the soft skills of workers, taking into consideration the particularities of the economic sectors, the level of the innovation development of the country and its human capital, investments in staff training, etc.

scholarly journals THE PERSONNEL SUPPORT SYSTEM AS A BASIS FOR THE REPRODUCTION OF LABOR RESOURCES IN THE CONTEXT OF INDUSTRY 4.0

2021 ◽  
Vol 3 (44) ◽  
pp. 140-145
Author(s):  
O.V. Budzinskaya ◽  
Keyword(s):  
Human Capital ◽  
Support System ◽  
Industry 4.0 ◽  
Global Markets ◽  
Competitive Advantages ◽  
Economic Sectors ◽  
Methodological Approaches ◽  
Labor Resources ◽  
National Economies ◽  
Efficiency Of Reproduction

In the global system of division of labor, human capital is the main source of competitive advantages for national economies. Creating conditions for the increment of human capital requires constant adjustment of the stages of reproduction of labor resources to the innovative drivers of the economy. Increasing the efficiency of the process of reproduction of labor resources, designing conditions for the creation, development and accumulation of human capital is a condition for Russia's active participation in the competitive struggle on global markets. The aim of the paper is to identify and implement the subjects of the personnel support system for the sectors of the economy, updating its configuration as the basis for the expanded reproduction of labor resources, development and improvement of methodological approaches related to increasing the efficiency of reproduction in the context of Industry 4.0. As a subject of research, the author considers the personnel system, the coordinated activities of the subjects of which will create conditions for the growth of human capital and ensuring the economic growth of the national economy. The results of the study are intended for designing a system of personnel support for economic sectors.

Mismatch Between Education and Occupation: A Case Study of Pakistani Graduates.

2011 ◽  
Vol 50 (4II) ◽  
pp. 531-553 ◽  
Author(s):  
Shujaat Farooq
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Labour Market ◽  
Jel Classification ◽  
Formal Sector ◽  
Field Of Study ◽  
Keywords Education ◽  
Job Mismatch

In this study, an attempt has been made to estimate the incidences of job mismatch in Pakistan. The study has divided the job mismatch into three categories; education-job mismatch, qualification mismatch and field of study and job mismatch. Both the primary and secondary datasets have been used in which the formal sector employed graduates have been targeted. This study has measured the education-job mismatch by three approaches and found that about one-third of the graduates are facing education-job mismatch. In similar, more than one-fourth of the graduates are mismatched in qualification, about half of them are over-qualified and the half are under-qualified. The analysis also shows that 11.3 percent of the graduates have irrelevant and 13.8 percent have slightly relevant jobs to their studied field of disciplines. Our analysis shows that women are more likely than men to be mismatched in field of study. JEL classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market

Are Spanish public employees happier in their job performance in the era of Industry 4.0?

2020 ◽  
Vol 11 (1) ◽  
pp. 97-97
Author(s):  
María- José Foncubierta-Rodriguez ◽  
Rafael Ravina-Ripoll ◽  
Eduardo Ahumada-Tello ◽  
Luis Bayardo Tobar-Pesantez
Keyword(s):  
Quality Of Life ◽  
Job Satisfaction ◽  
Human Capital ◽  
Public Sector ◽  
Industry 4.0 ◽  
Management Approach ◽  
Public Employees ◽  
Private Company ◽  
The Future

Since the end of the 20th century, economists have been attracted to the study of the economics of happiness (e.g., Singh, & Alexandrova, 2020; Crespo & Mesurado, 2015; Ferrer-i-Carbonell,2013). The use of the term happiness characterizes an essential volume of this bibliographical production as a synonym for the words satisfaction, well-being, or quality of life (Teixeira&Vasque, 2020; Carlquist et al., 2017). Under this umbrella, the culture of happiness management teaches us that a management model or direction oriented to the holistic search for happiness or job satisfaction of its employees is one of the essential axial pieces that organizations have to increase the commitment of their human capital, and therefore, their productivity and business performance (Ravina et al., 2019). Public administration employees are not exempt from this reality, a group that is characterized by job stability compared to private company employees. This article is dedicated to them. The era of Industry 4.0 is a period that is characterized, among other things, by the high precariousness of labor that is originated by the implementation of management models in advanced economies. This phenomenon is derived from the technological point of view by the automation and massive robotization of production processes and the supply chain. Together with the digitalization of companies, both factors are very present in the ecosystems of the Covid-19, and have come, perhaps, to stay in the future (Bragazzi, 2020; Ghadge et al., 2020). In line with the above, a more holistic examination of this issue seems likely to show that there is a keen interest among people to enter into Work mostly in public administrations, in search of a permanent contract for their entire working life. As is known, this is especially true in countries with high unemployment levels, such as Spain. Its unemployment rate is 20.1% in mid-2020. In the collective imagination of these individuals, there is the conviction that this type of Work constitutes ambrosia of eudaimonic happiness, job security, and quality of life, especially at present, in times of the Covid-19 pandemic (Fernández-Urbano, & Kulic, 2020). In this sense, it should be noted that in the last decades of the 21st century, there has been a growing interest in researching public employees' job satisfaction (e.g., Ryu&Bae, 2020; Steijn &Van der Voet, 2019; Luechinge et al., 2010). Most of the studies carried out on this scientific topic to date show empirically that public sector workers are happier than individuals in the private sphere. It's basically due to the intrinsic benefits (flexibility, vacation, or family reconciliation, among others) that this type of government entity offers concerning for-profit organizations (e.g., Lahat&Ofek, 2020; Sánchez-Sánchez, & Puente, 2020; Danzer,2019). In this context, this article aims to examine, as a priority in the era of Industry 4.0, whether there are observed differences in the levels of congratulations between human capital working in the private sector and that working in the public sector in Spain, by analyzing a set of variables that define positions: hours, salary, stability, promotion, and stress. Finally, we must indicate, on the one hand, that the choice of this spatial framework is motivated by the scarce literature investigating the happiness of Spanish public employees in an economy with high levels of youth unemployment (Núñez-Barriopedro et al., 2020). On the other hand, the results achieved in this study may be useful in the future for the implementation of public policies aimed at significantly promoting the welfare of working citizens through the happiness management approach (Ravina-Ripoll et al., 2019), or for taking this management concept to private companies to increase the motivation of their employees (Foncubierta-Rodríguez & Sánchez-Montero, 2019). Keywords: Happiness, human resources, Industry 4.0, public sector.

Investment in Human Capital and its Impact on Labour Market

2009 ◽  
Author(s):  
Rodica Gherghina ◽  
Mariana Vuta ◽  
Duca Ioana ◽  
Stefanescu Aurelia
Keyword(s):  
Human Capital ◽  
Labour Market

The system of financial controlling of industrial enterprises

2017 ◽  
Vol 30 (1) ◽  
pp. 55-61
Author(s):  
M. P. Bobkova
Keyword(s):  
Information System ◽  
Industrial Enterprise ◽  
System Support ◽  
Industrial Enterprises ◽  
Goal System

In the article examined the peculiarities of the system of financial controlling in an industrial enterprise: the necessity of developing goal system, objectives, requirements for information system support.

scholarly journals Human Capital Disparities and Earnings Inequality in The Portuguese Private Labour Market

2021 ◽  
Author(s):  
Derick R. C. Almeida ◽  
João A. S. Andrade ◽  
Adelaide Duarte ◽  
Marta Simões
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Tertiary Education ◽  
Earnings Inequality ◽  
Kuznets Curve ◽  
Positive Trend ◽  
Returns To Schooling ◽  
Education Inequality ◽  
Using Data

AbstractThis paper examines human capital inequality and how it relates to earnings inequality in Portugal using data from Quadros de Pessoal for the period 1986–2017. The objective is threefold: (i) show how the distribution of human capital has evolved over time; (ii) investigate the association between human capital inequality and earnings inequality; and (iii) analyse the role of returns to schooling, together with human capital inequality, in the explanation of earnings inequality. Our findings suggest that human capital inequality, computed based on the distribution of average years of schooling of employees working in the Portuguese private labour market, records a positive trend until 2007 and decreases from this year onwards, suggesting the existence of a Kuznets curve of education relating educational attainment levels and education inequality. Based on the decomposition of a Generalized Entropy index (Theil N) for earnings inequality, we observe that inequality in the distribution of human capital plays an important role in the explanation of earnings inequality, although this role has become less important over the last decade. Using Mincerian earnings regressions to estimate the returns to schooling together with the Blinder-Oaxaca decomposition of real hourly earnings we confirm that there are two important forces associated with the observed decrease in earnings inequality: a reduction in education inequality and compressed returns to schooling, mainly in tertiary education.

scholarly journals Are migrants in/from emerging economies more entrepreneurial than natives?

2021 ◽  
Author(s):  
Maribel Guerrero ◽  
Vesna Mandakovic ◽  
Mauricio Apablaza ◽  
Veronica Arriagada
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Latin American ◽  
Emerging Economies ◽  
Anecdotal Evidence ◽  
Developed Economies ◽  
Institutional Approach ◽  
Migrant Entrepreneurship ◽  
Academic Debate ◽  
Skilled Migrant

AbstractThe academic debate in migrant entrepreneurship has mainly focused on movements from emerging economies into developed economies. Anecdotal evidence has suggested that the highest impact is generated by migrants in/from emerging economies. To extend this academic discussion in the Latin-American context, this study investigates why migrants are more entrepreneurial than natives. By adopting the human capital and the institutional approach, we theorize that individual and environmental conditions produce selection/discrimination effects in the host labour market. Consequently, these effects influence migrants’ decision to become entrepreneurs. We tested our hypotheses using a sample of 13,368 adults between the ages of 18–64 based across the 16 Chilean regions. Our results showed that being a high-skilled migrant in a dynamic emerging economy is not a guarantee of success in the labour market, but it is a determinant of international and necessity-driven entrepreneurship. Several implications and a provocative discussion emerged from these findings.

scholarly journals Strategic Challenges of Human Resources Allocation in Industry 4.0

Information ◽  
2021 ◽  
Vol 12 (3) ◽  
pp. 120
Author(s):  
Majid Ziaei Nafchi ◽  
Hana Mohelská
Keyword(s):  
Czech Republic ◽  
Human Resources ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
High Tech ◽  
Economic Sectors ◽  
The Czech Republic ◽  
Services Sector ◽  
Productivity And Competitiveness ◽  
Near Future

The emergence of the fourth industrial revolution (Industry 4.0, hereinafter I 4.0) has led to an entirely fresh approach to production, helping to enhance the key industrial processes and therefore increase the growth of labor productivity and competitiveness. Simultaneously, I 4.0 compels changes in the organization of work and influences the lives of employees. The paper intends to construct a model for predicting the allocation of human resources in the sectors of the national economy of the Czech Republic in connection with I 4.0. The model used in this research visualizes the shift of labor in the economic sectors of the Czech Republic from the year 2013 to the following years in the near future. The main contribution of this article is to show the growth of employment in the high-tech services sector, which will have an ascending trend.

Sign in / Sign up

Export Citation Format

Share Document