IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v11y2019i2p345-d196865.html

External Partnerships in Employee Education and Development as the Key to Facing Industry 4.0 Challenges

Author

Listed:
  • Katarína Stachová

    (School of Economics and Management, Public Administration, 851 04 Bratislava, Slovakia)

  • Ján Papula

    (Department of Strategy and Entrepreneurship, Faculty of Management Comenius University, 820 05 Bratislava, Slovakia)

  • Zdenko Stacho

    (School of Economics and Management, Public Administration, 851 04 Bratislava, Slovakia)

  • Lucia Kohnová

    (Department of Strategy and Entrepreneurship, Faculty of Management Comenius University, 820 05 Bratislava, Slovakia)

Abstract

The new challenges that will currently affect the existence and sustainability of businesses stem from the dramatic changes that come from the fourth industrial revolution. Based on the concept of intellectual capital management as a resource-based strategic management approach, which leads to the management of structural, human, and relational capital, sustainable human resource management underlines the involvement of partnerships and external relations in learning and personal development processes. Industry 4.0 expects major changes in human resource management and processes such as education. Organizations will benefit from the new knowledge in the near future that will need to be brought into the internal environment of the organization constantly. However, this will require cooperation with the external environment, and the resulting new education opportunities built on cooperation with external partners, organizations, and educational institutions. Innovations as essential factors in adapting to major changes in the environment will be key in all organizational processes, including educational. This paper focuses on comparing highly innovative countries and less innovative countries in Central Europe, analyzing 1482 businesses by looking at differences in attitude towards employee education and individual forms of employee education. The main statistically significant difference is in the strategic approach to employee education and development and the set-up between innovative countries and moderate innovators.

Suggested Citation

  • Katarína Stachová & Ján Papula & Zdenko Stacho & Lucia Kohnová, 2019. "External Partnerships in Employee Education and Development as the Key to Facing Industry 4.0 Challenges," Sustainability, MDPI, vol. 11(2), pages 1-19, January.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:2:p:345-:d:196865
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/11/2/345/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/11/2/345/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Noh, Heeyong & Seo, Ju-Hwan & Sun Yoo, Hyoung & Lee, Sungjoo, 2018. "How to improve a technology evaluation model: A data-driven approach," Technovation, Elsevier, vol. 72, pages 1-12.
    2. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation: An overview of the state of knowledge," Post-Print hal-02014389, HAL.
    3. Hana Urbancová & Jiří Urbanec, 2012. "Internal factors influencing the knowledge continuity ensuring," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(4), pages 387-396.
    4. Sarfraz Mian & Wadid Lamine & Alain Fayolle, 2016. "Technology Business Incubation : An overview of the state of knowledge," Post-Print hal-02313371, HAL.
    5. Piergiuseppe Morone & Richard Taylor, 2004. "Knowledge diffusion dynamics and network properties of face-to-face interactions," Journal of Evolutionary Economics, Springer, vol. 14(3), pages 327-351, July.
    6. Huang, Kuo-Feng & Lin, Ku-Ho & Wu, Lei-Yu & Yu, Pang-Hsiang, 2015. "Absorptive capacity and autonomous R&D climate roles in firm innovation," Journal of Business Research, Elsevier, vol. 68(1), pages 87-94.
    7. Rudolf Kampf & Silvia Lorincová & Miloš Hitka & Ondrej Stopka, 2017. "Generational Differences in the Perception of Corporate Culture in European Transport Enterprises," Sustainability, MDPI, vol. 9(9), pages 1-14, September.
    8. Xu, Yan & Wang, Yougui & Tao, Xiaobo & Ližbetinová, Lenka, 2017. "Evidence of Chinese income dynamics and its effects on income scaling law," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 487(C), pages 143-152.
    9. Andrew Kach & Arash Azadegan & Stephan M. Wagner, 2015. "The influence of different knowledge workers on innovation strategy and product development performance in small and medium-sized enterprises," International Journal of Production Research, Taylor & Francis Journals, vol. 53(8), pages 2489-2505, April.
    10. Mian, Sarfraz & Lamine, Wadid & Fayolle, Alain, 2016. "Technology Business Incubation: An overview of the state of knowledge," Technovation, Elsevier, vol. 50, pages 1-12.
    11. Jan Papula & Jana Volna, 2011. "Intellectual Capital as Value Adding Element in Knowledge Management," Knowledge as Business Opportunity: Proceedings of the Management, Knowledge and Learning International Conference 2011,, International School for Social and Business Studies, Celje, Slovenia.
    12. Garcia Martinez, Marian & Zouaghi, Ferdaous & Sanchez Garcia, Mercedes, 2017. "Capturing value from alliance portfolio diversity: The mediating role of R&D human capital in high and low tech industries," Technovation, Elsevier, vol. 59(C), pages 55-67.
    13. Ryan, Paul & Geoghegan, Will & Hilliard, Rachel, 2018. "The microfoundations of firms’ explorative innovation capabilities within the triple helix framework," Technovation, Elsevier, vol. 76, pages 15-27.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Han, Shaojie & Su, Jingqin & Lyu, Yibo & Liu, Qing, 2022. "How do business incubators govern incubation relationships with different new ventures?," Technovation, Elsevier, vol. 116(C).
    2. Mingfeng Tang & Grace Sheila Walsh & Cuiwen Li & Angathevar Baskaran, 2021. "Exploring technology business incubators and their business incubation models: case studies from China," The Journal of Technology Transfer, Springer, vol. 46(1), pages 90-116, February.
    3. Manhart, Niklas, 2022. "The Mission Comes First: Exploring the Mechanisms of Organizational Sponsorship for the Acceleration of Social Start-Ups," Junior Management Science (JUMS), Junior Management Science e. V., vol. 7(2), pages 289-337.
    4. Tan, R.R. & Aviso, K.B. & Ng, D.K.S., 2019. "Optimization models for financing innovations in green energy technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 113(C), pages 1-1.
    5. Alaassar, Ahmad & Mention, Anne-Laure & Aas, Tor Helge, 2021. "Exploring a new incubation model for FinTechs: Regulatory sandboxes," Technovation, Elsevier, vol. 103(C).
    6. Amandine Maus & Sylvie Sammut, 2018. "Business model innovation in incubators: the role played by dynamic capabilities theory," Post-Print hal-02466175, HAL.
    7. Laura Lecluyse & Mirjam Knockaert & André Spithoven, 2019. "The contribution of science parks: a literature review and future research agenda," The Journal of Technology Transfer, Springer, vol. 44(2), pages 559-595, April.
    8. Centobelli, Piera & Cerchione, Roberto & Esposito, Emilio & Shashi,, 2019. "Exploration and exploitation in the development of more entrepreneurial universities: A twisting learning path model of ambidexterity," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 172-194.
    9. Manuel Octavio Del Campo Villares & Vanessa Miguéns-Refojo & Francisco Jesús Ferreiro-Seoane, 2020. "Business Survival and the Influence of Innovation on Entrepreneurs in Business Incubators," Sustainability, MDPI, vol. 12(15), pages 1-20, July.
    10. Vidit Mohan & Rohan Chinchwadkar, 2022. "Technology Business Incubation: A Literature Review and Gaps," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 53-63, June.
    11. Conroy, Kieran M. & Jacobs, Simon & Liu, Yang, 2023. "The dual knowledge role of open innovation intermediaries: Internal weaving and external filtering for MNE subsidiaries," Technovation, Elsevier, vol. 123(C).
    12. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2021. "What are the key components of an entrepreneurial ecosystem in a developing economy? A longitudinal empirical study on technology business incubators in China," Papers 2103.08131, arXiv.org.
    13. Khorshed Alam & Mohammad Afshar Ali & Michael Erdiaw-Kwasie & Md Shahiduzzaman & Eswaran Velayutham & Peter A. Murray & Retha Wiesner, 2022. "Impact of ICTs on Innovation and Performance of Firms: Do Start-ups, Regional Proximity and Skills Matter?," Sustainability, MDPI, vol. 14(10), pages 1-18, May.
    14. Morgan P. Miles & Mark Morrison, 2020. "An effectual leadership perspective for developing rural entrepreneurial ecosystems," Small Business Economics, Springer, vol. 54(4), pages 933-949, April.
    15. Nicola Del Sarto & Alberto Di Minin & Giulio Ferrigno & Andrea Piccaluga, 2021. "Born global and well educated: start-up survival through fuzzy set analysis," Small Business Economics, Springer, vol. 56(4), pages 1405-1423, April.
    16. Zhao, Liming & Zhang, Haihong & Wu, Wenqing, 2017. "Knowledge service decision making in business incubators based on the supernetwork model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 479(C), pages 249-264.
    17. Eric Christian Brun, 2019. "Understanding a Business Incubator as a Start-Up Factory: A Value Chain Model Perspective," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 1-28, May.
    18. Yanan Zhang & Xinmin Liu & Liu Fan, 2022. "Understanding Incubated Startups’ Continuance Intention towards Entrepreneurial Incubation Platforms: Empirical Evidence from China," Sustainability, MDPI, vol. 14(23), pages 1-21, November.
    19. Lukeš, Martin & Longo, Maria Cristina & Zouhar, Jan, 2019. "Do business incubators really enhance entrepreneurial growth? Evidence from a large sample of innovative Italian start-ups," Technovation, Elsevier, vol. 82, pages 25-34.
    20. Valentina Ndou & Giustina Secundo & Giovanni Schiuma & Giuseppina Passiante, 2018. "Insights for Shaping Entrepreneurship Education: Evidence from the European Entrepreneurship Centers," Sustainability, MDPI, vol. 10(11), pages 1-19, November.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:11:y:2019:i:2:p:345-:d:196865. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.