scholarly journals The Impact of Human Capital on Competitive Performance: An Empirical Study on Jordanian Pharmaceutical Companies

2016 ◽  
Vol 12 (4) ◽  
pp. 68
Author(s):  
Mohammad Salameh Yousef ALmasarweh
Keyword(s):  
Human Capital ◽  
Pharmaceutical Companies ◽  
Department Heads ◽  
Manufacturing Companies ◽  
Competitive Performance ◽  
Knowledge And Skills ◽  
Pharmaceutical Manufacturers ◽  
Level Of Significance ◽  
The Impact ◽  
Analyze Data

The study is aimed at knowing the impact of human capital on competitive performance in Jordanian pharmaceutical companies. The study sample consisted of Jordanian human medicines manufacturing companies listed in the Jordanian Association of Pharmaceutical Manufacturers’ records of manufacturing companies for 2015. This amounted to 15 companies. The sampling unit and the analysis included individuals working in these companies from managers to department heads at various administrative levels. To achieve its objectives, the study used descriptive analytical method. This method was applied to collect and analyze data and test hypotheses through a questionnaire, which was used as a tool for the collection of information in the field of study. The study found a number of results, most important of which is: the existence of a statistically significant relationship between human capital (learning; knowledge; and skills) and competitive performance in Jordanian pharmaceutical companies at a level of significance of 0.05. The study recommended that attention be given to human capital in the companies, which will lead to an improvement in the level of the company, as well as an expansion of its market share and maximizing of its strengths.

FORMATION OF HUMAN CAPITAL IN THE DIGITAL TRANSFORMATION PARADIGM

2020 ◽  
Vol 2 (5) ◽  
pp. 115-119
Author(s):  
M. V. SAVINA ◽  
◽  
A. A. STEPANOV ◽  
I.A. STEPANOV ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
Digital Age ◽  
Digital Transformation ◽  
Educational Process ◽  
Knowledge And Skills ◽  
Main Components ◽  
The Impact ◽  
Modern Era

The article highlights the problems of the impact of "digitalization" of society on the formation and transformation of human capital, and above all, the development of new competencies, knowledge and skills. The main components of human capital in the modern era, the features of the formal and informal educational process are clarified and disclosed. The necessity of minimizing the precariat class is proved. The main directions of qualitative improvement of human capital adequate to the challenges of the digital age and globalization are defined.

Comparative analysis of business models of top pharmaceutical manufacturing companies: fifi nancial analysis

2020 ◽  
pp. 43-52
Author(s):  
L.E. Yasinskaya ◽  
Keyword(s):  
Comparative Analysis ◽  
Business Models ◽  
Financial Analysis ◽  
Active Pharmaceutical Ingredient ◽  
Pharmaceutical Companies ◽  
Manufacturing Companies ◽  
Revenue Growth ◽  
Commercial Activities ◽  
Pharmaceutical Manufacturers ◽  
Research Procedure

Introduction. Earlier, the comparative analysis of the commercial and investment activities of the companies that play the key roles in the investment processes in the Russian pharmaceutical industry and operate within the four main business models (biotechnological, generic, specialized pharmaceutical companies, active pharmaceutical ingredient (API) manufacturers) has been conducted. No full assessment of the companies’ activitiesis conceivable without a financial analysis of their activities to identify the risks of investment activities. Objective of the study. A detailed comparative analysis of the financial standing of domestic pharmaceutical manufacturers operating within the selected business models for further identification of potential financial risks for investors. Research procedure and article structure. Analysis of RAS statements (forms 1 and 2) of 72 over 500 million revenue companies grouped together as selected business models for the period from 2015 to 2019. Results. The researchers provided a detailed description of the commercial activities of domestic pharmaceutical companies within the business models under consideration. The companies within various business models showed positive revenue growth rates over the past five years. All business models demonstrate consistently high business profitability and a significant share of own capital in the asset profile. Conclusion. The results of the study show the stable financial standing of the pharmaceutical companies within various business models. The biotechnology sector companies that are the most attractive for investments have the highest quality financial standing. The specialized and generic companies show similar consistently strong performance. API manufacturers that the companies with relatively small revenues are actively developing and are attractive to restrained budget investors.

scholarly journals The Impact of digitization and automation of production on the role of the workforce in companies in Slovakia

2020 ◽  
Vol 83 ◽  
pp. 01055
Author(s):  
Julia Rakovská
Keyword(s):  
Market Economy ◽  
Industry 4.0 ◽  
Production Management ◽  
Slovak Republic ◽  
Current View ◽  
Manufacturing Companies ◽  
Production Logistics ◽  
Knowledge And Skills ◽  
The Impact

The aim of this article was to evaluate the current view of domestic and foreign authors on problems and trends of production logistics in the conditions of globalization and to explore possibilities of development of the concept of Industry 4.0 in Slovakia. We also focused on the digitalization of processes, which are one of the basic prerequisites for the company's operation in the Industry 4.0 concept. The current conditions in the Slovak Republic, resulting from the functioning of the market economy, create new opportunities and the need to apply business approaches in production management. It is a prerequisite for the success not only of manufacturing companies to find balance between modern trends and technologies and people with necessary knowledge and skills.

Intellectual Capital and Profitability: Evidence from Indian Pharmaceutical Sector

2020 ◽  
Vol 24 (2) ◽  
pp. 204-216 ◽  
Author(s):  
Kanishka Gupta ◽  
Sweta Goel ◽  
Prakash Bhatia
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Physical Capital ◽  
Pharmaceutical Companies ◽  
Time Period ◽  
Panel Data Regression ◽  
Capital Efficiency ◽  
The Impact

Intellectual capital (IC) has gained recognition in enhancing the firms’ value and gain competitive advantage in the developed world. Thus, it is imperative for all stakeholders to have an understanding of its impact on firms’ profitability. The present study aims to analyse the impact of intellectual capital on firms’ profitability of Indian pharmaceutical companies listed in National Stock Exchange (NSE-500) for the time period of 10 years (i.e. 2009–2018). The paper has used modified version of Pulic’s Value Added Intellectual Coefficient, i.e., M-VAIC as a proxy to measure intellectual capital and firms’ profitability as represented by ROA, ROE and EBITDA. In line to analyse the effectiveness, a balanced panel data regression technique has been used. The results of the paper indicate a significant relationship between intellectual capital and firms’ profitability. Also, it is found that human capital, relational capital and physical capital have a significant role in increasing the profitability of the firm. The analysis would help the administration and management of pharmaceutical companies in the composition and organization of intellectual capital, stakeholders in the decisions related to investment and financial specialist for enhancing intellectual capital efficiency and value creation for the firm. Human capital is found to be having a positively significant impact on firms’ profitability; their inclusion and management are suggested for the companies.

scholarly journals Education of population for the future and the future of education

Stanovnistvo ◽  
2017 ◽  
Vol 55 (1) ◽  
pp. 63-85
Author(s):  
Biljana Jovanovic-Gavrilovic ◽  
Biljana Radivojevic
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Industrial Revolution ◽  
Knowledge And Skills ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Future ◽  
Future Of Education ◽  
The Impact

The key to the future of any country in the modern world lies in the knowledge, skills and talent of its population. This gives a special importance to education through which human capital is created as an important component of national wealth. Different methods of measuring human capital are found in literature. There is a well-known division into monetary and non-monetary methods, with the latter being specifically addressed in the article. Education plays an important role in achieving sustainable development. Through education, knowledge about sustainable development is acquired while human resources that are capable and willing to achieve this development are created. Education, just like sustainable development, has a long-time perspective. In both cases, the interests of the future are respected when making decisions in the present. The impact of education on sustainable development is manifested through all three of its dimensions ? economic, social and environmental. The key role of education for achieving sustainable development has been globally recognized and embedded in relevant United Nations documents, including a new global development agenda by 2030, focusing on the Sustainable Development Goals, of which Objective 4 explicitly refers to education. The European Union also pays considerable attention to education for the future in the context of the commitment of its members to achieve sustainable development. Serbia, at least declaratively, follows it, given the orientation of the country to join this regional integration. The future of education is under the strong influence of global mega trends, especially the Fourth Industrial Revolution, which strongly influences the world of work and the necessary knowledge and skills. During the earlier industrial revolutions, it took several decades to build appropriate education and training systems, but there is no time for that now. Changes must be anticipated, and reactions should be quick. The quality of educational systems of countries around the world and their preparedness for the challenges of the new age can be evaluated on the basis of the results of the Program for International Student Assessment ? PISA, the most important research in the field of education, which, under the auspices of the OECD, tests the knowledge and skills of fifteen-year-olds, and relying on the composite indicator introduced by the World Economic Forum ? Global Human Capital Index (GHCI). The results for Serbia are generally discouraging, but in some segments, they point to the country?s hidden potentials that should be activated. Education represents the development opportunity of Serbia at the threshold of the Fourth Industrial Revolution. As a small and economically country, Serbia should not remain at the margin of events, in the role of a passive observer. On the contrary, through adapting its education system to the demands of time by adequate financial and institutional support, thus improving human capital of the people, Serbia can find its place in a changing labor market and create preconditions for dynamic and sustainable economic development.

scholarly journals The Impact of Investment in Human Capital on Bank Performance: Evidence from Bangladesh

2021 ◽  
Author(s):  
Bilkis Akhter ◽  
Md. Mominur Rahman
Keyword(s):  
Human Capital ◽  
Structural Equation ◽  
Sampling Procedure ◽  
Primary Data ◽  
Bank Performance ◽  
Capital Investments ◽  
Knowledge Level ◽  
Using Data ◽  
Level Of Significance ◽  
The Impact

Abstract The objective of this study is to examine the aspects of investment in human capital like training of employees, education level of employees, knowledge level of employees, and skills of employees that influence the performance of a bank and to provide some comments to improve the banking sectors. This research included a conceptual model along with hypotheses. This empirical study is based on primary data. The data were obtained by the convenient sampling procedure with a questionnaire using the Seven Point Likert Scale. The hypothesized model has been validated using data from 261 participants and an analysis was conducted using the system of Structural Equation Modelings (SEM). The results revealed that investment in training, knowledge level and skills of the employee was positively connected to bank performance at less than 1% and a 5% level of significance. But, the employee's educational level does not substantially affect bank output in this analysis. The focus field is the study of the human capital investments of the Human Resources Division at Janata Bank Limited. It investigates different aspects of the Janata Bank’s facilities as well as the problems and prospects. Thus, this study can be a policy dialog for the managers, owners, decision-makers, and academicians.

scholarly journals Management and Leadership in Advertising Agencies In Siauliai Region

2019 ◽  
Vol 1 (13) ◽  
Author(s):  
Simas Sologubas
Keyword(s):  
Human Capital ◽  
Change Implementation ◽  
Advertising Agencies ◽  
Leadership Change ◽  
Technological Environment ◽  
Leadership And Management ◽  
Knowledge And Skills ◽  
Management Leadership ◽  
Common Goals ◽  
The Impact

One can notice intense changes in modern advertising services’ market. Under the conditions of rapid technological changes, violent competition, and increased significance of human capital, advertising agencies face difficulties in covering and retaining the desirable position in the market. Advertising agencies have to react to factors of economic, social, technological environment and to stimulate the employment of human capital, managerial education. Managerial education should cover the development of leadership. It means that managers should educate themselves as leaders. It is a relevant condition for successful management. The manuscript aims at revealing the expression of leadership and management features in advertising agencies in Siauliai region. Theoretical analysis has shown that leadership is defined as relationships between leader and her followers. These relationships are based upon influence and aim at change implementation while pursuing common goals. Management is treated as knowledge and skills of managers. Knowledge and skills ensure the achievement of company’s goals and harmonious activity of congenial people and employees. It was found that a leader and a manager in an organization can be a different person. Results of empirical research has shown that majority of employees of advertising agencies in Siauliai region treat a leader as a person who takes responsibility and is inclined to take new activities in spite of given instructions. Leaders use current potential and seek for better results of activity. Majority of employees paid attention to one more important aspect of a leader, i.e. motivation to pursue common goals. One should notice the impact of a leader on employees during the process of the implementation of change. Results of the research confirmed that leader had a significant impact upon the success of the organization.Keywords: management, leadership, change management, human capital, advertising services.

The Impact of Administrative Empowerment on the Achievement of Sustainable Competitive Advantage: A Field Study at Pharmaceutical Manufacturers in Yemen

2021 ◽  
Vol 26 (3) ◽  
pp. 1-28
Author(s):  
Prof. Dr. Abdullatif Musleh Mohammed Ayedh ◽  
Dr. Najeeb Mohammed Yahya Al-Beshari
Keyword(s):  
Competitive Advantage ◽  
Sampling Method ◽  
Total Population ◽  
Analysis Data ◽  
Sustainable Competitive Advantage ◽  
Manufacturing Companies ◽  
Pharmaceutical Manufacturers ◽  
Empowerment Practice ◽  
The Impact ◽  
Descriptive Method

This study aimed at measuring the impact of administrative empowerment on achieving sustainable competitive advantage at Yemeni pharmaceutical manufacturers. It also aimed to identify the extent to which sustainable competitive advantage is achieved and the level of administrative empowerment practice in these companies.  To achieve the objectives of the study, the analytical descriptive method was adopted and a questionnaire was developed to collect data from the total population of (1116) individuals at the Yemeni pharmaceutical manufacturing companies. The sample (280) was selected by means of the stratified proportional random sampling method and 245 questionnaires were valid for analysis. Data were processed and analyzed using SPSS.  Findings of the study revealed that the targeted companies have shown paramount interest towards administrative empowerment practices and the achievement of sustainable competitive advantage. Findings also showed that administrative empowerment had an impact on achieving sustainable competitive advantage in the companies, and that the dimension of sharing information had the highest impact on the achievement of sustainable competitive advantage while the dimension of influence had the lowest impact.  The study recommends the reinforcement of enhancing the practice of administrative empowerment in the companies targeted in this study.

scholarly journals Effect of Human Capital Expenditure on the Profitability of Quoted Manufacturing Companies in Nigeria

2016 ◽  
Vol 8 (2) ◽  
pp. 155
Author(s):  
Philip Segun Olowolaju ◽  
Olayemi Deborah Oluwasesin
Keyword(s):  
Human Capital ◽  
Capital Expenditure ◽  
Stock Exchange ◽  
Work Force ◽  
Manufacturing Companies ◽  
Inferential Statistics ◽  
Explanatory Variables ◽  
Secondary Sources ◽  
Net Profit ◽  
Level Of Significance

<p>The study examined the effect of human capital on the profitability of quoted manufacturing companies in Nigeria. The study aimed at determining if expenditure on human has influence on the profitability of listed manufacturing companies on the Nigeria Stock Exchange. A sample of 10 listed manufacturing companies on the Nigeria Stock Exchange was used for the study. This study used data mainly from secondary sources and the analysis of data collected was done using descriptive and inferential statistics. The descriptive statistics include mean, standard deviation, kurtosis, skewness while inferential statistics that was used in testing the hypotheses include panel regression and correlation. The study revealed that all the explanatory variables have positive relationship with profitability, however, expenditure on health contributed more to the profitability of the firms with a beta value of 27.8609 than expenditures on salaries and wages, training and contributory pension with beta values of 0.3107, 2.6752 and 3.4519 respectively. The study also found that that only expenditure on health can significantly predict net profit at 5% level of significance. The study concluded that human capital expenditure significantly influenced profitability of manufacturing companies quoted on the Nigerian Stock Exchange and companies that place more emphasis on human capital, maintaining it and treating it as a pure asset will have motivated work force.</p>

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