nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2023‒03‒20
three papers chosen by
Laura Nicola-Gavrila
Centrul European de Studii Manageriale în Administrarea Afacerilor

  2. Advanced Digital Technologies and Investment in Employee Training: Complements or Substitutes? By Brunello, Giorgio; Rückert, Désirée; Weiss, Christoph T.; Wruuck, Patricia
  3. The Impact of Information and Communication Technologies on Economic Competitiveness By Sharma, Devashish

  1. By: Zait, Adriana
    Abstract: Tacit knowledge utilization and transfer in organizations are critical for maintaining a competitive advantage and for successful coopetition, in the case of educational institutions. Acquiring, extracting and transferring tacit knowledge are difficult tasks, due to the complexity of the tacit knowledge itself, to the myriad of influence factors and the lack of appropriate methods for particular contexts. The process is even more difficult when the tacit knowledge transfer takes place – or should take place – at power level, for various managerial positions – yet without such a transfer, valuable time and resources are wasted (not all transferred experiences have to be used, some might need to be unlearned!). Higher education institutions are the forefront of knowledge transfer, yet preaching and living the preached values remains a delicate endeavor, especially during crises. The present study, conceptual and exploratory in nature, aims to identify influence factors for tacit knowledge transfer in higher education institutions, as well as potential methods for the tacit knowledge transfer effectuation. It uses literature review based on critical thinking together with participant observation and exploratory introspection in order to suggest a potential design for the future testing and utilization of the identified factors and methods. The main identified influence factors are: national culture dimensions and professional culture, organizational structures, culture, leadership, and commitment, distributive and procedural justice, transparency, personality traits, cooperativeness, emotional intelligence, interpersonal trust, altruism, attitude towards mistakes. Among these factors we can identify the most frequent barriers, which are physical and professional distance, lack of trust, lack of appreciation for others’ ideas, lack of value for one’s intuition, unawareness of own knowledge, unwillingness to share, lack of retention, lack of motivation. The main possible methods for tacit knowledge transfer for managers in higher education institutions are: observation and reflective practice, formal and informal socialization meetings, storytelling, role rotation, mentoring for managers, training of successors, teams of learning managers, goal-directed interviews at the moment of power transfer, worse practices learning communities, managerial thumb-a-lift.
    Keywords: Tacit knowledge transfer; managerial positions; higher education strategies; liminal leadership spaces; power transfer and cultural norms; Tacit knowledge transfer; managerial positions; higher education strategies; liminal leadership spaces; power transfer and cultural norms. JEL Classification: I23, D91, M53.
    JEL: D91 I23 M53
    Date: 2021–10–25
  2. By: Brunello, Giorgio (University of Padova); Rückert, Désirée (European Investment Bank); Weiss, Christoph T. (European Investment Bank); Wruuck, Patricia (European Investment Bank)
    Abstract: Using firm-level data covering the 27 EU countries, the UK and the US, we show that employers tend to reduce investment in training per employee after adopting advanced digital technologies (ADT). We estimate with a control function approach firm-level production functions augmented with two factors, the training stock per employee and digital technology use. We show that ADT use and employee training are substitutes in production, implying that an increase in the former negatively affects the marginal productivity of the latter, and that a decline in the cost of introducing ADT reduces employers' investment in training per employee. These findings point to challenges in realizing high levels of firm-sponsored training for employees in increasingly digital economies.
    Keywords: digitization, automation, training, productivity
    JEL: D24 J24
    Date: 2023–02
  3. By: Sharma, Devashish
    Abstract: It is important to note that enterprises will be more productive when they utilize information communication technologies to the fullest extent possible. This will result in an increase in their competitiveness, which will enable them to achieve sustainable economic growth, which, in the long run, is a prerequisite for reducing poverty. As a result of the development of information communication technologies, the opportunities for developing economies to participate in international markets are constantly expanding as a result of the development of this technology. With the advent of the Internet, we are witnessing a dramatic change in how goods and services are produced, delivered, sold, and purchased. As a result, the number of people and businesses that are connected to the internet on a daily basis is increasing, thus making them ready to take part in and contribute to the knowledge economy in an ever-increasing way. As a result of the use of the Internet, weak participants in the global economy will be empowered - such as small business owners in developing countries - enabling them to access information, communication, and knowledge that they had not been able to access in the past. It has become possible to trade goods and services more quickly due to the use of new technologies. Over the past few years, it has been shown that the trade in information and communication technology goods and services has been growing at a faster rate than the trade in total goods and services in the past few years. The information and communication technologies have also enabled trade in other sectors as they have improved market access and brought a broader range of customers into the market, as well as simplified the customs, transportation, and logistics processes that are associated with trade in other sectors. In terms of the economic impact of ICTs, one of their most important features is that they play a very important role in changing productivity processes within organizations.
    Keywords: Information communication technologies, Information communication technologies and economy, Information communication technologies and competitiveness, economic competitiveness, technology and economy
    JEL: O1 O32 O33 Q55
    Date: 2021–10–15

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