scholarly journals Reaping the Benefits of Industry 4.0 through Skills Development in Viet Nam

2021 ◽  
Author(s):  
Shanti Jagannathan ◽  
Dorothy Geronimo
Keyword(s):  
Economic Growth ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
The Philippines ◽  
Asian Development Bank ◽  
Skills Development ◽  
Viet Nam ◽  
Development Bank ◽  
Job Market ◽  
Fourth Industrial Revolution

This report explores the implications of the Fourth Industrial Revolution (41R) on the future of the job market in Viet Nam. It assesses how jobs, tasks, and skills are being transformed, particularly in logistics and agro-processing. These two industries are important for the country’s employment, economic growth, and international competitiveness and are also highly relevant for 4IR technologies. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.

scholarly journals Reaping the Benefits of Industry 4.0 through Skills Development in Cambodia

2021 ◽  
Author(s):  
Shanti Jagannathan ◽  
Dorothy Geronimo
Keyword(s):  
Industrial Revolution ◽  
The Philippines ◽  
Asian Development Bank ◽  
Skills Development ◽  
Viet Nam ◽  
Development Bank ◽  
Job Market ◽  
Fourth Industrial Revolution ◽  
Garment Manufacturing ◽  
And Training

This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Cambodia. It assesses how jobs, tasks, and skills are being transformed, particularly in tourism and garment manufacturing as the top two industries with the largest employment in the country. These two industries are likely to benefit from the transformational effect of 4IR, if there is adequate investment in jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.

scholarly journals Reaping the Benefits of Industry 4.0 through Skills Development in Indonesia

2021 ◽  
Author(s):  
Shanti Jagannathan ◽  
Dorothy Geronimo
Keyword(s):  
Industrial Revolution ◽  
The Philippines ◽  
Skills Development ◽  
Viet Nam ◽  
Development Bank ◽  
Job Market ◽  
Automotive Manufacturing ◽  
Fourth Industrial Revolution ◽  
Food And Beverage ◽  
And Training

This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Indonesia. It assesses how jobs, tasks, and skills are being transformed in food and beverage as well as in automotive manufacturing. These two industries have high relevance to 4IR technologies and both are important to Indonesia’s national employment, economic growth, and international competitiveness. They are also likely to benefit considerably from the transformational effect of 4IR, if there is adequate investment in jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.

scholarly journals Reaping the Benefits of Industry 4.0 through Skills Development in High-Growth Industries in Southeast Asia: Insights from Cambodia, Indonesia, the Philippines, and Viet Nam

2021 ◽  
Author(s):  
Shanti Jagannathan ◽  
Dorothy Geronimo
Keyword(s):  
Southeast Asia ◽  
Industrial Revolution ◽  
High Growth ◽  
The Philippines ◽  
Skills Development ◽  
Viet Nam ◽  
Job Market ◽  
Fourth Industrial Revolution ◽  
Synthesis Report ◽  
And Training

This synthesis report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in Southeast Asia. It is part of the series of reports that assesses how jobs, tasks, and skills are being transformed in industries with high relevance to 4IR technologies in Cambodia, Indonesia, the Philippines, and Viet Nam. The series provides recommendations to strengthen policies, skills, and training as well as new approaches, strategies, and actions to enhance the readiness of each country’s workforce for 4IR.

scholarly journals Reaping the Benefits of Industry 4.0 through Skills Development in the Philippines

2021 ◽  
Author(s):  
Shanti Jagannathan ◽  
Dorothy Geronimo
Keyword(s):  
Manufacturing Industry ◽  
Industrial Revolution ◽  
Employment Growth ◽  
The Philippines ◽  
Skills Development ◽  
Electronics Manufacturing ◽  
Development Bank ◽  
Business Process Outsourcing ◽  
Job Market ◽  
And Training

This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of the job market in the Philippines. It assesses how jobs, tasks, and skills are being transformed in the information technology-business process outsourcing industry and electronics manufacturing industry. These two industries have high relevance to 4IR technologies and are important to the country’s employment, growth, and international competitiveness. They are likely to benefit from the transformational effect of 4IR, if there is adequate investment on jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.

Emerging Industrial Revolution: Symbiosis of Industry 4.0 and Circular Economy: The Role of Universities

2020 ◽  
Vol 25 (3) ◽  
pp. 505-525 ◽  
Author(s):  
Seeram Ramakrishna ◽  
Alfred Ngowi ◽  
Henk De Jager ◽  
Bankole O. Awuzie
Keyword(s):  
Economic Growth ◽  
Circular Economy ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Technologies ◽  
Production Systems ◽  
Fourth Industrial Revolution ◽  
New Jobs

Growing consumerism and population worldwide raises concerns about society’s sustainability aspirations. This has led to calls for concerted efforts to shift from the linear economy to a circular economy (CE), which are gaining momentum globally. CE approaches lead to a zero-waste scenario of economic growth and sustainable development. These approaches are based on semi-scientific and empirical concepts with technologies enabling 3Rs (reduce, reuse, recycle) and 6Rs (reuse, recycle, redesign, remanufacture, reduce, recover). Studies estimate that the transition to a CE would save the world in excess of a trillion dollars annually while creating new jobs, business opportunities and economic growth. The emerging industrial revolution will enhance the symbiotic pursuit of new technologies and CE to transform extant production systems and business models for sustainability. This article examines the trends, availability and readiness of fourth industrial revolution (4IR or industry 4.0) technologies (for example, Internet of Things [IoT], artificial intelligence [AI] and nanotechnology) to support and promote CE transitions within the higher education institutional context. Furthermore, it elucidates the role of universities as living laboratories for experimenting the utility of industry 4.0 technologies in driving the shift towards CE futures. The article concludes that universities should play a pivotal role in engendering CE transitions.

scholarly journals Transformation of the world job market in the conditions of the Fourth Industrial Revolution

2021 ◽  
pp. 8-28
Author(s):  
Elena Viktorovna Shirinkina
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Job Market ◽  
Scientific Publications ◽  
Job Management ◽  
Business News ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Impact

The relevance of this research is substantiated by the fact that the world job market is currently under the influence of the Fourth Industrial Revolution (Industry 4.0). The goal lies in assessing the impact of cyclic and unexpected trends upon the job market, and thus, the forms of job management and employment functions. In this regard, analysis is conducted on the academic theories in the context of conceptualization of the impact of Industry 4.0 upon the job market and employment functions. The long-term trends in transformation of the job market are determined. The empirical basis of this research is comprised of the statistical data provided by Rosstat and the Ministry of Science and Higher Education of the Russian Federation, as well as the resources of analytical articles and scientific publications, including the materials of international organizations, leading consulting companies, global associations, leading educational institutions, other active participants of global educational environment, and job market experts. An overview is given to the trends that affect the companies, their strategies and business models; the impact of such trends upon the transformation of current professions and the emergence of new professions; skills required for these professions. The scientific novelty lies in substantiation of the concept of skill-biased technical change (SBTC) and the theory of routine-biased technological change (RBTC). The presented materials would allow the companies to combine business news with fundamental training of specialists for going along the new career trajectiory in light of the new technological challenges, which defines the practical value of this research.

scholarly journals Industry 4.0 as the Driving Force of SME Internationalisation: A Case of Lithuania

2019 ◽  
Vol 33 (1) ◽  
pp. 192-206 ◽  
Author(s):  
Kristina Kovaitė ◽  
Paulius Šūmakaris ◽  
Jelena Stankevičienė ◽  
Renata Korsakienė
Keyword(s):  
Economic Growth ◽  
Driving Force ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Scientific Literature ◽  
Geographical Location ◽  
International Markets ◽  
Value Chains ◽  
Fourth Industrial Revolution

Abstract Small and medium-sized enterprises (SMEs) are assumed to be one of the key contributors to the country’s economic growth and social welfare. Thus, their internationalisation appears to be inevitable considering how globalisation processes have changed the rules of competition in recent decades. Smart and digitalised technologies (Internet of Things and Services, etc.) decentralise communication and provide the opportunities for new firms to overcome the barriers of geographical location and access international markets through co-creation business models and changes of the value chains. The paper aims at analysing and disclosing how the fourth industrial revolution (Industry 4.0) influences SME internationalisation. The present study is grounded on the research of extant scientific literature and assessment of experts. The research demonstrates that Industry 4.0 positively influences the internationalisation of SMEs on a number of dimensions. The recommendations for managers and policymakers how to foster internationalisation of SMEs are suggested.

THE FOURTH INDUSTRIAL REVOLUTION (INDUSTRY 4.0) A SOCIAL INNOVATION PERSPECTIVE

2018 ◽  
Author(s):  
Klaus Schwab
Keyword(s):  
Industry 4.0 ◽  
Industrial Revolution ◽  
Social Innovation ◽  
Holistic Approach ◽  
Socioeconomic Impact ◽  
Fourth Industrial Revolution ◽  
Technological Developments ◽  
Rapid Pace ◽  
Sustainable System ◽  
Industrial Revolutions

The rapid pace of technological developments played a key role in the previous industrial revolutions. However, the fourth industrial revolution (Industry 4.0) and its embedded technology diffusion progress is expected to grow exponentially in terms of technical change and socioeconomic impact. Therefore, coping with such transformation require a holistic approach that encompasses innovative and sustainable system solutions and not just technological ones. In this article, we propose a framework that can facilitate the interaction between technological and social innovation to continuously come up with proactive, and hence timely, sustainable strategies. These strategies can leverage economic rewards, enrich society at large, and protect the environment. The new forthcoming opportunities that will be generated through the next industrial wave are gigantic at all levels. However, the readiness for such revolutionary conversion require coupling the forces of technological innovation and social innovation under the sustainability umbrella.

scholarly journals SCIENTIFIC AND TECHNOLOGICAL DEVELOPMENT AS A FACTOR OF ACCELERATING ECONOMIC GROWTH IN RUSSIA

2021 ◽  
Vol 230 (4) ◽  
pp. 237-244
Author(s):  
E.B. LENCHUK ◽  
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Large Scale ◽  
Industrial Revolution ◽  
Technological Development ◽  
Technological Basis ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Sustainable Economic Growth ◽  
Scientific And Technological Development

The article deals with the modern processes of changing the technological basis of the world economy on the basis of large-scale transition to the use of technologies of the fourth industrial revolution, shaping new markets and opens up prospects for sustainable economic growth. It is in the scientific and technological sphere that the competition between countries is shifting. Russia remains nearly invisible player in this field. The author tried to consider the main reasons for such a lag and identify a set of measures of state scientific and technological policy that can give the necessary impetus to the scientific and technological development of Russia.

scholarly journals Mapping the Spatial Distribution of Poverty Using Satellite Imagery in the Philippines

2021 ◽  
Keyword(s):  
Satellite Imagery ◽  
The Philippines ◽  
Asian Development Bank ◽  
Machine Learning Algorithms ◽  
Sample Survey ◽  
Development Bank ◽  
Survey Techniques ◽  
2030 Agenda ◽  
The World ◽  
National Trends

The “leave no one behind” principle of the 2030 Agenda for Sustainable Development requires appropriate indicators for different segments of a country’s population. This entails detailed, granular data on population groups that extend beyond national trends and averages. The Asian Development Bank, in collaboration with the Philippine Statistics Authority and the World Data Lab, conducted a feasibility study to enhance the granularity, cost-effectiveness, and compilation of high-quality poverty statistics in the Philippines. This report documents the results of the study, which capitalized on satellite imagery, geospatial data, and powerful machine-learning algorithms to augment conventional data collection and sample survey techniques.

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