Industry 4.0 and the need for talent: a multiple case study of Taiwan's companies

Yun-Hsiang Chang and Ying-Jung Yvonne Yeh

International Journal of Product Development, 2018, vol. 22, issue 4, 314-332

Abstract: Talent is a key resource in the development of Industry 4.0. However, scholars have not considered talent from the viewpoint of companies. We address this omission by using a multiple case method, including semi-structured interviews and document reviews, to analyse companies' need for talent and its acquisition. We find that companies need talent in the areas of lean management, the Internet of things (IoT), cloud computing, and big data. Moreover, companies obtain talent using external resources such as strategic alliances, mergers and acquisitions, and outsourcing. We also establish that Industry 4.0 implementation does not affect job numbers; however, companies must adjust their talent development practices.

Keywords: Industry 4.0; manufacturing industry; industry development; industry transformation; organisation strategy; talent management; talent need; human resource management; human resource development; multiple-case method. (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=91150 (text/html)
Access to full text is restricted to subscribers.

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:ids:ijpdev:v:22:y:2018:i:4:p:314-332

Access Statistics for this article

More articles in International Journal of Product Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().