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International Review of Business and Economics

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Reskilling And Upskilling : To Stay Relevant In Today’S Industry, Rhea Sawant, Bryan Thomas, Swati Kadlag Jun 2022

Reskilling And Upskilling : To Stay Relevant In Today’S Industry, Rhea Sawant, Bryan Thomas, Swati Kadlag

International Review of Business and Economics

The rapid modernization and influx of various new technologies and methodologies currently being employed today greatly and continuously changes the definition of professional competence expected of employees that work for companies that are directly or indirectly impacted because of these advancements or changes, this creates a demand for new jobs requiring new skill sets and so, one finds that in order to keep relevant to the workforce, refreshing and adding to one’s skill set has become a necessity. Candidates thinking about entering the job market need to possess the right kind of skills for the right kind of job and …


Africa's Knowledge Economy And Links To India, Anand Kulkarni Jan 2022

Africa's Knowledge Economy And Links To India, Anand Kulkarni

International Review of Business and Economics

Competitive advantage for economies, both developed and developing, will be increasingly based on knowledge in all its forms, including science and technology, smart entrepreneurship, and new business and organizational development models. Due to COVID-19, the need for innovative solutions to health and economic disruptions has never been as keenly felt. This paper is structured in five parts. The first part examines the extent to which various countries in Sub-Saharan Africa participate in the global knowledge economy. Data is drawn from the UN Knowledge Index and canvases knowledge economy parameters such as research and development, value-added industrial production and knowledge-intensive services, …


Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D Jan 2020

Growing Dynamisms' Of Business And Technology/ Global Perspective, Saravanan K., N. Muthu Ph.D

International Review of Business and Economics

Technology is the essence of change in business and society. In this paper we can learn about technology, its characteristics, its historical phases and how innovation is fuelled today. Technological advances in the modern world have created new business opportunities. Leverage advanced tools to rise above the competition. Technology has revolutionized the way companies conduct business by enabling small businesses to level the playing field with larger organizations. Businesses nowadays, whether it is big or small, also rely on the help of technology.Mostcompaniesdepends their daily operations on the use of technological innovation such as computers, internet connection, printers, applications, and …


Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni Jan 2020

Role Of Technology In Economic Development: With Special Reference To India, Kishore Kulkarni

International Review of Business and Economics

Traditional models (presented before 1980s) which claimed to explain the reasons and process of economic growth had rarely considered improvement in quality of technology (or innovation) as the main reason for economic growth. Most of the traditional models such as Harrod-Domar, Lewis etc focused on Capital (K) as the famous factor of production that individually suffered from the diminishing marginal productivity. In fact, the famous Neoclassical model of economic growth (Solow version) assumed that both traditional factors of production such as Labor (L) and Capital (K) go through decreasing returns to scale, which means by just applying more capital, or …


Exploring The Technological Frontier To Fuel Future Growth: Charting India’S Trajectory For Coming Decades, Abhith Pallegar Jun 2018

Exploring The Technological Frontier To Fuel Future Growth: Charting India’S Trajectory For Coming Decades, Abhith Pallegar

International Review of Business and Economics

The paper aims to discuss the world of fast-paced technology from a Darwinian standpoint and examines the technological choices made by countries and the impact of such choices on their economic growth. The paper explores how a country’s economic growth is dependent on the strategic technological choices they make. By clubbing together the fate of countries and companies, we intend to simplify the narrative and explore a few key aspects such as the diminishing relevance of competitive behavior and ways of adapting to and adopting new technologies to become an evolutionary driver in a technology-centric world. This review highlights the …