scholarly journals Eurointegration tendencies in implementation of ‘Industry 4.0’ in European companies

2020 ◽  
Vol 25 (2) ◽  
pp. 251-261
Author(s):  
Andrea Seňová ◽  
Lucia Šebeščáková
Keyword(s):  
Labor Market ◽  
Digital Technology ◽  
Industrial Revolution ◽  
Technological Development ◽  
Business Organization ◽  
Fourth Industrial Revolution ◽  
Current Trends ◽  
Digital Disruption ◽  
External Risk ◽  
The Impact

The current level of technological development made it possible to predict upcoming changes, the expected commercial availability of breakthrough technologies and the impact they will have on business organization, manufacturing and labor market. The fourth industrial revolution, driven by automation, digital technology and Big Data, is expected to start in a few years. The number one external risk currently perceived by companies is digital disruption. The aim of the paper is to examine the current trends in terms of technological development and workforce transition for the preparedness of companies and labor market for the upcoming changes. The paper reviews the results of research, indicating the dominant orientation of companies, with regards to the expected digital disruption, trends shaping the fourth industrial revolution and strategies for preparation for the upcoming changes.

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 HUMAN CAPITAL AND ITS ROLE IN THE FOURTH INDUSTRIAL REVOLUTION

2021 ◽  
Author(s):  
Yelyzaveta Snitko ◽  
Yevheniia Zavhorodnia
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Labor Market ◽  
Technological Change ◽  
Industrial Revolution ◽  
Skilled Workers ◽  
Fourth Industrial Revolution ◽  
Modern Economy ◽  
The Future ◽  
The Impact

The development of a modern economy, in the context of the fourth industrial revolution, is impossible without the accumulation and development of human capital, since the foundation of the transformation of the economic system in an innovative economy is human capital. In this regard, the level of development and the efficiency of using human capital are of paramount importance. This article attempts to assess the role of human capital in the fourth industrial revolution. In the future, human talent will play a much more important role in the production process than capital. However, it will also lead to a greater division of the labor market with a growing gap between low-paid and high-paid jobs, and will contribute to an increase in social tensions. Already today, there is an increase in demand for highly skilled workers, especially in high-income countries, with a decrease in demand for workers with lower skills and lower levels of education. Analysis of labor market trends suggests that the future labor market is a market where there is simultaneously a certain demand for both higher and lower skills and abilities, combined with the devastation of the middle tier. The fourth industrial revolution relies heavily on the concept of human capital and the importance of finding complementarity between human and technology. In assessing the impact of the fourth industrial revolution, the relationship between technology, economic growth and human resources was examined. The analysis was carried out in terms of three concepts of economic growth, technological change and human capital. Human capital contributes to the advancement of new technologies, which makes the concept of human capital an essential factor in technological change. The authors emphasize that the modern economy makes new demands on workers; therefore it is necessary to constantly accumulate human capital, develop it through continuous learning, which will allow the domestic economy to enter the trajectory of sustainable economic growth. The need to create conditions for a comprehensive increase in the level of human capital development is noted.

Book review: Mirosław Grewiński, Marek Kawa, Joanna Lizut, Gilberto Marzano: TOWARDS CHANGES OF THE LABOR MARKET, SKILLS AND COMPETENCES

2021 ◽  
Vol 562 (1) ◽  
pp. 29-30
Author(s):  
Łukasz Arendt
Keyword(s):  
Labor Market ◽  
Information And Communication Technologies ◽  
Industrial Revolution ◽  
Technological Development ◽  
Communication Technologies ◽  
Economic Changes ◽  
Fourth Industrial Revolution ◽  
The Future ◽  
Information And Communication

The monograph published in English, which is the result of the project "Transformers - for the future labor market", takes up important issues of changes in the labor market in the context of technological development, which recently focuses on topics such as labor market polarization, automation and robotization , the effects of the fourth industrial revolution. The main threads discussed in the following chapters of the monograph relate to social and economic changes conditioned by the development of technology, in particular information and communication technologies, as well as the fourth industrial revolution, referred to as Industry 4.0. The main areas of analysis in the project "Transformers - for the future labor market" were presented in a synthetic way: the future of skills and competences, the future of professions and jobs, challenges related to education, as well as the conclusions drawn from desk-research analyzes and focus groups.

The Need for Speed – Technological Acceleration and Inevitabilism in Recent Danish Digitalization Policy Papers

SATS ◽  
2021 ◽  
Vol 22 (1) ◽  
pp. 27-48
Author(s):  
Mads Vestergaard
Keyword(s):  
Empirical Analysis ◽  
Industrial Revolution ◽  
Technological Development ◽  
Point Of View ◽  
Technological Determinism ◽  
Economic Values ◽  
Fourth Industrial Revolution ◽  
Sociotechnical Imaginaries ◽  
Official Policy ◽  
The Empirical Analysis

Abstract The article explores whether sociotechnical imaginaries of digitalization as inevitable accelerating development can be traced in Denmark’s official policy papers concerning digitalization 2015–2020. It identifies imperatives of speed, acceleration and agility equal to what has been described as a corporate data imaginary as well as tropes of an imaginary of the fourth industrial revolution and inevitable exponential technological development and disruption. The empirical analysis discovers a shift in the studied period mid-2018, before which inevitabilism is prominent and after which the focus on non-economic values increases and the aim of influencing the development, instead of adapting to it, emerges. The article then addresses how imperatives of acceleration and narratives of inevitabilism may be considered problematic from a democratic point of view employing Hartmut Rosa’s critical diagnosis of the acceleration society and the notion of discursive closure. Finally, it discusses the empirical findings in light of technological determinism and constructivism inherent in the notion of sociotechnical imaginaries and introduces a sociotechnical selectionist theory allowing both for human agency in technological development while also providing a mechanism for explaining the emergence of law-like technological trends, as Moore’s Law, at macro level.

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.

Sign in / Sign up

Export Citation Format

Share Document