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

Katarína Stachová, Ján Papula, Zdenko Stacho and Lucia Kohnová
Additional contact information
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

Sustainability, 2019, vol. 11, issue 2, 1-19

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.

Keywords: employee education; external partnership; innovation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://www.mdpi.com/2071-1050/11/2/345/pdf (application/pdf)
https://www.mdpi.com/2071-1050/11/2/345/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:2:p:345-:d:196865

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().