The Formation of Human Capital and Its Relationship With the Knowledge Society in Mexico

2019 ◽  
pp. 50-63
Author(s):  
María del Rocío Soto Flores ◽  
Ingrid Yadibel Cuevas Zuñiga ◽  
Susana Asela Garduño Román
Keyword(s):  
Human Capital ◽  
Social Life ◽  
New Technologies ◽  
Knowledge Society ◽  
Main Element ◽  
Global Level ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Relationship ◽  
And Training

The processes of economic globalization and accelerating technological change have led to changes in economic and social life at a global level. New technologies, such as the TICs, systems of artificial intelligence, scanning, connectivity, nanotechnology, and biotechnology, among others, have transformed the national productive structures and human capital that require technologies disruptive today. In this context, education has become the main element of the knowledge society and training of human capital that demands a knowledge-based economy. The objective of the chapter is to analyze the relationship between human capital formations in the construction of a society of knowledge in Mexico. The structure is organized in three sections: 1) an analysis of the knowledge society, 2) the formation of human capital and the institutions of higher education in the knowledge society, and 3) human capital formation and its relationship in the construction of a society of knowledge in Mexico.

Innovative Techniques and Strategies of Skill Building for Human Resource Development in SMEs, India

2016 ◽  
Vol 2 (2) ◽  
Author(s):  
Arti Awasthi
Keyword(s):  
Human Capital ◽  
Human Resource Development ◽  
Skill Development ◽  
Education And Training ◽  
Global Competitiveness ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Key Factor ◽  
Skill Building ◽  
And Training

India has gradually evolved as knowledge based economy due to the abundance of capable, flexible and qualified human capital. With the constantly rising influence of globalization, India has immense opportunities to establish its distinctive position in the world. However, there is a need to further develop and empower the human capital to ensure the nations global competitiveness. Despite the empathetic stress laid on education and training in this country, there is still a shortage of skilled manpower to address the mounting needs and demands of the economy. Skill building can be viewed as an instrument to improve the effectiveness and contribution of labor to the overall production. It is as an important ingredient to push the production possibility frontier outward and to take growth rate of the economy to a higher trajectory. This paper focuses on skill development in Small and Medium Enterprise (SMEs) which contribute nearly 8 percent of the country's GDP, 45 percent of the manufacturing output and 40 percent of the exports. They provide the largest share of employment after agriculture. They are the nurseries for entrepreneurship and innovation. SMEs have been established in almost all-major sectors in the Indian industry. The main assets for any firm, especially small and medium sized enterprises are their human capital. This is even more important in the knowledge based economy, where intangible factors and services are of growing importance. The rapid obsolescence of knowledge is a key factor of the knowledge economy. However, we also know that for a small business it is very difficult to engage staff in education and training in order to update and upgrade their skills within continuous learning approach. Therefore there is a need to innovate new techniques and strategies of skill development to develop human capital in SME's.

scholarly journals Seeking a potential system in managing organizational knowledge flow towards enhancing individual learning and intellectual capital

2013 ◽  
pp. 391-403 ◽  
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Business Environment ◽  
Individual Learning ◽  
Business Practices ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Potential System ◽  
Different Types ◽  
The Relationship

The knowledge-based economy of today heralds an era where the business environment is characterized by complex and ever-changing conditions, driven by rapid technological advancements. With knowledge regarded as the main competitive resource, continuous learning becomes critical to firms as they try to keep up with the latest technology and business practices. Moreover, knowledge resides within individual employees, and the challenge is to ensure that knowledge is acquired, applied, and shared to benefit the firm. The situation becomes more complex when it is established that there exists different human capital in firms at any one time, differentiated based on the types of knowledge they contribute to the firm. Further, scant literature exists on the relationship dynamics between the different human capital groups and their influences on individual learning. This paper aims to propose a potential system to manage interaction between the different human capital groups within firms, and its link to enhancing different types of individual learning and intellectual capital.

The relationship between knowledge-based economy and fraudulent financial reporting

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Abbas Koolivand ◽  
Mahdi Salehi ◽  
Meysam Arabzadeh ◽  
Hassan Ghodrati
Keyword(s):  
Financial Markets ◽  
Financial Reporting ◽  
Fixed Effects ◽  
Stock Exchange ◽  
Fraudulent Financial Reporting ◽  
Content Type ◽  
Knowledge Based ◽  
Robust Testing ◽  
Knowledge Based Economy ◽  
The Relationship

Purpose This paper aims to assess the relationship between a knowledge-based economy and fraudulent financial reporting. Design/methodology/approach The study is descriptive-correlation based on published information from enlisted firms on the Tehran Stock Exchange during 2013–2019 with a sample of 178 firms (1,246 observations). The method used for hypothesis testing is linear regression using the panel data. Findings The results show that a knowledge-based economy is associated negatively and significantly with financial reporting. Moreover, robust testing has also examined the hypotheses (including fixed effects, OLS and t + 1) that confirmed the study’s preliminary results. Originality/value As the study was carried out in the emergent financial markets, like Iran, to figure out the relationship between knowledge-based economy and financial reporting, it can provide helpful information for the practitioners in this field.

The Emerging Paradigm for Technology Learning in the Knowledge Society

1998 ◽  
Vol 12 (4) ◽  
pp. 222-226
Author(s):  
Adelaide Maria Coelho Baěta
Keyword(s):  
Technology Development ◽  
Knowledge Society ◽  
Learning Needs ◽  
Technology Learning ◽  
The Past ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Technology Incubator ◽  
Flow Of Information ◽  
Enterprise Creation

This paper examines the significance of the technology incubator in Brazil's transition from an industrial to a knowledge-based economy. The author examines how incubators can contribute to technology development and enterprise creation, stressing their ability to provide a two-way flow of information between higher education institutions and the private sector, breaking down the mutual distrust that has often hindered the successful exploitation of R&D in the past. The author discusses both the learning needs of companies and the ways in which universities need to change to adapt to the demands of the new knowledge society, placing this analysis in the context of how incubators can be organized to function efficiently. In illustration, she provides the working example of the Biominas Incubator in the state of Minas Gerais.

scholarly journals Socially-oriented economy as part of the macroeconomic development system

2021 ◽  
Vol 94 ◽  
pp. 01021
Author(s):  
Fatima Dakhaeva ◽  
Azalea Amirova
Keyword(s):  
New Technologies ◽  
Human Life ◽  
Highly Qualified ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Qualified Personnel ◽  
Economic Climate ◽  
Stable Economy ◽  
Economic Tools ◽  
Favorable Conditions

This article analyzes the current situation in the world economy, which includes socio-economic tools, innovative and technical mechanisms. The stable economy of the region is based on social sustainability and a favorable economic climate to attract investment and highly qualified personnel. Develop human resources, investment in the educational sphere, and the development of a "knowledge-based economy" is a priority for the Chechen Republic. Social and economic policy is a set of measures to create favorable conditions for the development of society, taking into account the provision of an appropriate level of economic efficiency and social justice in all spheres of human life. In conditions of geopolitical rivalry, it is necessary to increase the competitiveness of the economy also through new technologies.

scholarly journals Media education as counterpoint to the devastation of public information in Serbia

2020 ◽  
Vol 17 (1) ◽  
pp. 143-154
Author(s):  
Nada Torlak ◽  
Momčilo Jokić
Keyword(s):  
Cultural Practices ◽  
Knowledge Society ◽  
Public Information ◽  
Creative Industries ◽  
Media Companies ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Media ◽  
Time Changes ◽  
Post Industrial

In modern information and IT society, creativity is elevated to a pedestal as a condition for market success, but also survival. In other words, in post-industrial production, or the entire economy, and certainly media companies, which of course operate according to market principles and are based on information, creativity is the most wanted commodity. In the modern knowledge society, there has been a strong affirmation of the phenomenon of cultural, that is, creative industries that have great importance for the economic, social, political and general development of society. At the same time, changes in the economic, technological and cultural spheres have strongly influenced changes in the media, as an important creative industry. This means that media products (information, videos, pics) and the media are industry, not only because of the rating criteria which dictate the direction of business but also because it is about mass production and consumers. Creativity is an important strategic resource for increasing competitiveness in a knowledge-based economy. However, media policy does not encourage the systematic promotion of creativity. Consumerist entertainment industry suppresses and marginalizes authentic, creative cultural practices, replacing them with pseudo-cultural contests. The integration of theoretical knowledge and education into the Serbian media sphere is practically at the zero points with recurrences that seriously undermine the overall development, application of knowledge, modern technological achievements, and the affirmation of democracy and freedom as the basic precondition for the overall prosperity of society.

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.

The Role of Innovative and Digital Technologies in Transforming Egypt Into a Knowledge-Based Economy

2019 ◽  
pp. 386-400
Author(s):  
Sherif H. Kamel ◽  
Nagla Rizk
Keyword(s):  
Success Factors ◽  
Universal Access ◽  
Knowledge Society ◽  
The Internet ◽  
Public And Private ◽  
Knowledge Based ◽  
Critical Success ◽  
Knowledge Based Economy ◽  
Technology Applications ◽  
The Government

Digital technology, artificial intelligence, the internet of things, and innovative technology applications are gradually transforming businesses and governments in emerging markets making them more competitive and offering opportunities for economic growth and prosperity. This chapter demonstrates Egypt's potential to enable a knowledge society through the deployment of emerging technology tools and applications across different sectors of the society. The chapter analyzes the critical success factors that are necessary for the realization of a digitally driven society where information is seamlessly exchanged for the optimal utilization of resources for decision-making purposes at the government, public, and private sector levels. The chapter highlights the need for the formulation of a nation-wide entrepreneurial ecosystem that promotes a tech-startup culture that can effectively contribute to transforming the society by enabling inclusion, universal access to the internet, more diversified educational opportunities and a comprehensive and conducive environment to development.

Open Data Repositories in Knowledge Society

2019 ◽  
pp. 185-198
Author(s):  
Nadim Akhtar Khan ◽  
Sara Sohrabzadeh ◽  
Garvita Jhamb
Keyword(s):  
Policy Making ◽  
Knowledge Society ◽  
Open Data ◽  
Present Knowledge ◽  
Educational Institutions ◽  
Government Agencies ◽  
Global Level ◽  
Data Repositories ◽  
Knowledge Based ◽  
Research Activities

Open data is data that can be freely used, re-used, and redistributed by anyone – subject only, at most, to the requirement to attribute and share alike. Open data is an important resource in present knowledge-based society used for supporting decision-making activities in government agencies, research Institutions, higher educational institutions, etc. The research activities as well as policy-making decisions are highly benefited by the availability of open data. There should be no restrictions to its reuse like legal, financial, or technological. The chapter discusses the concept of open data and its importance in present times for supporting advanced research activities in different domains of human knowledge. It also provides a glimpse of open data repositories at global level and attempts to showcase select open data repositories set by different organizations and institutions for making different datasets available in varied areas for facilitating specialized research and development activities.

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