The Readiness of the European Union to Embrace the Fourth Industrial Revolution
Eva Kuruczleki,
Anita Pelle,
Renata Laczi and
Boglarka Fekete
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Eva Kuruczleki: University of Szeged, Hungary
Renata Laczi: University of Szeged, Hungary
Boglarka Fekete: University of Szeged, Hungary
Management, 2016, vol. 11, issue 4, 327-347
Abstract:
Knowledge has become a crucial factor of production in the developed economies and, as humans are the carriers and utilisers of knowledge, skilled human resource is gaining similarly large relevance. These advancements are elements of the substantial changes that characterise the fourth industrial revolution – a phenomenon worth studying in detail. The European Union has been explicitly concerned about the shift to the knowledge economy since the Lisbon Summit of 2000. More than one and a half decades later the eu’s readiness to embrace the knowledge-driven fourth industrial revolution can be examined. We undertake that by creating an index based on various related data.
Keywords: 4th industrial revolution; knowledge-based economy; human capital; European Union (search for similar items in EconPapers)
Date: 2016
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