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Human Capital Management in the Industrial Revolution 4.0

Author

Listed:
  • Jana Podhorcová

    (Institute of Technology and Business in Èeské Budìjovice)

  • Jozef Ïurian

    (Matej Bel University)

  • Iveta Kmecová

    (Institute of Technology and Business in Èeské Budìjovice)

Abstract

Purpose - The technological breakthrough known as the 4th Industrial Revolution is characterised by the mass spread of the Internet and its penetration into most human activities. Devices are being connected to this network, giving rise to new sociotechnical systems. For such systems to work reliably, experts with digital skills are needed. Aim - The aim of this paper is to explore the possibilities of appropriate curriculum adaptation in light of human capital development trends in the context of digitalisation. Design/methodology/approach - A detailed survey of publications in the Web of Science database was used to investigate the issue under study. In order to have a complete picture, the results were examined in VOSviewer. Findings - The results show a growing trend of interest in this subject. Professionals are making efforts to incorporate digital courses into the curriculum since they recognise the value of continuous learning. Limitations of the study - Much deeper and more detailed research, based on primary data sources is needed on this issue to obtain more relevant and detailed results. Practical Implications - This paper has provided insight into the trend of the issue under study, revealing the necessity of implementing digital courses in the content of education. The paper's contribution is its suggestions for curriculum modifications that would help students become more digitally literate and hence more equipped for the workplace of the future – Work 4.0. Originality/value – Research, based on secondary data sources, confirms the growing importance of a digital nature in context of Industry 4.0 with practical implications to educational process.

Suggested Citation

  • Jana Podhorcová & Jozef Ïurian & Iveta Kmecová, 2023. "Human Capital Management in the Industrial Revolution 4.0," Journal of Human Resource Management, Comenius University in Bratislava, Faculty of Management, vol. 26(1), pages 57-67.
  • Handle: RePEc:cub:journl:v:26:y:2023:i:1:p:57-67
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    More about this item

    Keywords

    human capital; digitalization; education 4.0; industry 4.0; work 4.0;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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