KEY QUALITATIVE CHARACTERISTICS OF HUMAN CAPITAL IN INDUSTRY 5.0

Ralitza Pandurska ()
Additional contact information
Ralitza Pandurska: University of National and World Economy - Sofia, Bulgaria

INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "HUMAN RESOURCE MANAGEMENT", 2022, issue 1, 123-131

Abstract: The dynamic world is changing more and more dramatically under the influence of economic, social, demographic, political factors, some of which are predictable while others are unexpected and difficult to control. As a result of this very soon the currently existing Industry 4.0 related to digitalization and the mass usage of the new technologies into our daily life will be replaced by the next generation Industry 5.0, which puts the person again at the focus of the production process and is related to a new way of interaction between the individual and the machine. This transition will inevitably lead to the need for qualitatively new characteristics of human capital in order to be adequate to the new requirements and to be able to communicate with the artificial intelligence. This article presents the nature and specifics of Industry 5.0 and outlines the challenges that it poses to human capital to adapt to new jobs.

Keywords: Industry 5.0; human capital; knowledge; skills and competences (search for similar items in EconPapers)
JEL-codes: J21 J24 O33 O36 (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://conference.ue-varna.bg/hrm/wp-content/uploa ... rs2022/Pandurska.pdf (application/pdf)

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:vrn:hrmsnr:y:2022:i:1:p:123-131

Access Statistics for this article

More articles in INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "HUMAN RESOURCE MANAGEMENT" from University of Economics - Varna Contact information at EDIRC.
Bibliographic data for series maintained by Radka Nacheva ().