IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v13y2019i1p1261-1266n111.html
   My bibliography  Save this article

The analysis of the response from tertiary education programs to the challenges of the Fourth Industrial Revolution

Author

Listed:
  • Zavera Ioana Coralia

    (The Bucharest University of Economic Studies, Romania)

Abstract

One can find at the level of the specialized literature a heated debate on the metaphor that defines the status of the international economy and human society. Some analysts argue that the Third Industrial Revolution is currently undergoing an advanced stage, while others claim that due to the speed, scale and impact of the transformations that have taken place, the fourth industrial revolution has already begun. This paper analyzes how the artificial intelligence, personalized medicine, virtual reality or the internet of things are a few motors that fueled the advance to the Fourth Industrial Revolution and their impact on cognitive competencies, skills and abilities to guarantee tertiary education programs. The main analytical hypothesis is that technology is the one that encourages humanity to accelerate and focus on changes in other areas, especially that the risk of increasing gap between technological advance and in areas such education appears. The paper examines the concrete way in which transformations that follow a symbiosis of man with technology contribute to the configuration of a new paradigm to which the educational environment has to face with. The paper aims also to highlight the main challenges of the educational environment in relation to the fourth industrial revolution, and what are the necessary transformation for a good correlation of the human capital with technological progress. Emphasis is on new sets of skills, creativity, innovation, so that new business models can be developed and applied in a changing environment.

Suggested Citation

  • Zavera Ioana Coralia, 2019. "The analysis of the response from tertiary education programs to the challenges of the Fourth Industrial Revolution," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 1261-1266, May.
    • Handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:1261-1266:n:111
    DOI: 10.2478/picbe-2019-0111
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2019-0111
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2019-0111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrew Atkeson & Patrick J. Kehoe, 2007. "Modeling the Transition to a New Economy: Lessons from Two Technological Revolutions," American Economic Review, American Economic Association, vol. 97(1), pages 64-88, March.
    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. Tatiana Kiseleva & Ali Palali & Bas Straathof, 2016. "Do national borders slow down knowledge diffusion within new technological fields? The case of big data in Europe," CPB Discussion Paper 330, CPB Netherlands Bureau for Economic Policy Analysis.
    2. De, Supriyo, 2014. "Intangible capital and growth in the ‘new economy’: Implications of a multi-sector endogenous growth model," Structural Change and Economic Dynamics, Elsevier, vol. 28(C), pages 25-42.
    3. Nicholas Bamegne Nambie & Philomena Dadzie & Dorcas Oye Haywood-Dadzie, 2023. "Measuring the Effect of Income Inequality, Financial Inclusion, Investment, and Unemployment, on Economic Growth in Africa: A Moderating Role of Digital Financial Technology," International Journal of Economics and Financial Issues, Econjournals, vol. 13(4), pages 111-124, July.
    4. Parantap Basu & Alessandra Guariglia, 2008. "Does Low Education Delay Structural Transformation?," Southern Economic Journal, John Wiley & Sons, vol. 75(1), pages 104-127, July.
    5. Rodolfo E. Manuelli & Ananth Seshadri, 2014. "Frictionless Technology Diffusion: The Case of Tractors," American Economic Review, American Economic Association, vol. 104(4), pages 1368-1391, April.
    6. Дементьев В.Е., 2013. "Структурные Факторы Технологического Развития," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 49(4), pages 33-46, октябрь.
    7. Rodimiro Rodrigo, 2022. "Robot Adoption, Organizational Capital and the Productivity Paradox," Working Papers gueconwpa~22-22-03, Georgetown University, Department of Economics.
    8. Parantap Basu & Alessandra Guariglia, 2008. "Does Low Education Delay Structural Transformation?," Southern Economic Journal, Southern Economic Association, vol. 75(1), pages 104-127, July.
    9. Adam P. Balcerzak & Michal Bernard Pietrzak, 2014. "Are New EU Member States Improving Their Institutional Effectiveness for Global Knowledge-based Economy? TOPSIS Analysis for the Years 2000-2010," Working Papers 16/2014, Institute of Economic Research, revised Nov 2014.
    10. Hengjie Ai & Dana Kiku & Rui Li & Jincheng Tong, 2021. "A Unified Model of Firm Dynamics with Limited Commitment and Assortative Matching," Journal of Finance, American Finance Association, vol. 76(1), pages 317-356, February.
    11. Tomáš Lechner, 2013. "Ekonomické dopady implementace ICT ve veřejné správě: důkazy z České republiky [Economic Impacts of ICT Implementation in Public Administration: Evidence from the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2013(5), pages 675-690.
    12. Desmet, Klaus & Rossi-Hansberg, Esteban, 2009. "Spatial growth and industry age," Journal of Economic Theory, Elsevier, vol. 144(6), pages 2477-2502, November.
    13. Niklas Engbom, 2019. "Firm and Worker Dynamics in an Aging Labor Market," Working Papers 756, Federal Reserve Bank of Minneapolis.
    14. Das Nilotpal & Falaris Evangelos M & Mulligan James G, 2009. "Vintage Effects and the Diffusion of Time-Saving Technological Innovations," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-37, June.
    15. Alessandria, George & Choi, Horag, 2014. "Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization," Journal of International Economics, Elsevier, vol. 94(2), pages 207-223.
    16. Hernan J Moscoso Boedo & Asli Senkal & Pablo D'Erasmo, 2011. "Misallocation, Informality and Human Capital," 2011 Meeting Papers 881, Society for Economic Dynamics.
    17. Daniel Schiess & Roger Wehrli, 2008. "The Calm Before the Storm? - Anticipating the Arrival of General Purpose Technologies," CER-ETH Economics working paper series 08/81, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    18. Oleg Itskhoki & Benjamin Moll, 2019. "Optimal Development Policies With Financial Frictions," Econometrica, Econometric Society, vol. 87(1), pages 139-173, January.
    19. Safarzyńska, Karolina & van den Bergh, Jeroen C.J.M., 2018. "A higher rebound effect under bounded rationality: Interactions between car mobility and electricity generation," Energy Economics, Elsevier, vol. 74(C), pages 179-196.
    20. Jean-François Mercure, 2015. "An age structured demographic theory of technological change," Journal of Evolutionary Economics, Springer, vol. 25(4), pages 787-820, September.

    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:vrs:poicbe:v:13:y:2019:i:1:p:1261-1266:n:111. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.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.