The Development of the Labor Market of Czech Small and Medium-sized Enterprises Toward the Digital Economy
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63526262" target="_blank" >RIV/70883521:28120/20:63526262 - isvavai.cz</a>
Výsledek na webu
<a href="https://cgscholar.com/bookstore/works/the-development-of-the-labor-market" target="_blank" >https://cgscholar.com/bookstore/works/the-development-of-the-labor-market</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18848/2327-798X/CGP/v20i02/21-37" target="_blank" >10.18848/2327-798X/CGP/v20i02/21-37</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
The Development of the Labor Market of Czech Small and Medium-sized Enterprises Toward the Digital Economy
Popis výsledku v původním jazyce
In the 2000s, Czech small and medium-sized enterprises faced competition in the new technologies and innovations associated with the implementation of the digital economy. Competitive advantages of the Czech economy based on cheap labor and low-cost production are in decline, and finding a new economic paradigm seems to be problematic. Our study has traced a significant degree of interaction between the structure of employee education and the sectoral classification of the company, with medium–high-tech, medium–low-tech and low-tech firms behaving differently from each other from the labor market perspective. Companies implement different strategies in terms of employee education as well as R&D. Thus far, Czech companies have focused mainly on the market follower approach, i.e., with little effort toward innovation. This conservative strategy brings lower risks but also lacks the high profit potential necessary to reach competitive advantages. In particular, the digitization of the midtech sector is crucial for the future growth of the Czech economy. The midtech sector possesses high potential for the development of new business opportunities if it can overcome its significant gap in the use of R&D, knowledge, and technology.
Název v anglickém jazyce
The Development of the Labor Market of Czech Small and Medium-sized Enterprises Toward the Digital Economy
Popis výsledku anglicky
In the 2000s, Czech small and medium-sized enterprises faced competition in the new technologies and innovations associated with the implementation of the digital economy. Competitive advantages of the Czech economy based on cheap labor and low-cost production are in decline, and finding a new economic paradigm seems to be problematic. Our study has traced a significant degree of interaction between the structure of employee education and the sectoral classification of the company, with medium–high-tech, medium–low-tech and low-tech firms behaving differently from each other from the labor market perspective. Companies implement different strategies in terms of employee education as well as R&D. Thus far, Czech companies have focused mainly on the market follower approach, i.e., with little effort toward innovation. This conservative strategy brings lower risks but also lacks the high profit potential necessary to reach competitive advantages. In particular, the digitization of the midtech sector is crucial for the future growth of the Czech economy. The midtech sector possesses high potential for the development of new business opportunities if it can overcome its significant gap in the use of R&D, knowledge, and technology.
Klasifikace
Druh
J<sub>SC</sub> - Článek v periodiku v databázi SCOPUS
CEP obor
—
OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
—
Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2020
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
International Journal of Knowledge, Culture and Change Management
ISSN
1447-9524
e-ISSN
—
Svazek periodika
2020
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
AU - Austrálie
Počet stran výsledku
17
Strana od-do
21-37
Kód UT WoS článku
—
EID výsledku v databázi Scopus
2-s2.0-85114033321