Professionals and Technicians for Industry 4.0

Achelia, Elmi; Asmara, Indri Juwita; Berliana, Nani Grace

doi:10.18178/ijssh.2019.v9.992

Cited by 2 publications

(3 citation statements)

References 5 publications

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“…Master's and MBA programmes are now globally accessible and at a lower cost. Furthermore, as many universities have revamped and automated their curricula [70], the evolution of e-learning has made MBAs accessible anytime and anywhere. The literature highlights the growing gap between the supply and demand of skills in Industry 4.0 [71].…”

Section: Discussionmentioning

confidence: 99%

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Industry 4.0 and Higher Education: An Evaluation of Barriers Affecting Master’s in Business Administration Enrolments Using a Grey Incidence Analysis

et al. 2021

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Higher education confers numerous benefits both to the individual and to society, including higher earnings, lower rates of unemployment and government dependency, an increased tax base, and greater civic engagement. Access to higher education remains a challenge for many families. The emergence of Industry 4.0 will not only affect technological changes but also people in the labour market. As such, higher education institutions with academic responsibilities of formally training students to better adapt to such changes are not left out. Since the introduction of the Master of Business Administration (MBA) in the United States of America in 1908 and over one hundred years of history, this prestigious programme has suffered a rapid decline in enrolments worldwide. Thus, it has gradually lost its value under the current industrial revolution. This paper evaluates and prioritizes barriers affecting the decline in international MBA enrolments. Understanding the key barriers to MBA enrolments regarding the dynamics will contribute to the successful implementation of those barriers. With scarce information, this study innovatively applies the grey incidence analysis (GIA) method to prioritizing the identified barriers. When applied, this method provided a robust prediction of results. For international MBA enrolments decline, the barrier "employment difficulties" (H3) should receive much attention from policymakers because it scored the highest among the barriers ranked. Further, other important barriers that should be considered are "lack of entrepreneurship skills" (H11), "high cost" (H10), "longer payback duration" (H1), "10 yr. ROI" (H9), and "lack of data analytic skills" (H7). Therefore, during the formulation and implementation of policy to address these prioritized barriers, scarce resources must be committed to them. This paper also contributes to the literature a first-hand, formal study on the prioritization of barriers to international MBA enrolments.

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Section: Discussionmentioning

confidence: 99%

“…Industry 4.0 requires managers, engineers, technicians, and workers with abilities and competencies in the following key enabling technologies (KET): big data, cloud computing, IoT, 3D printing, augmented reality, simulations, etc. [30].…”

Section: B Industry 40 and Higher Educationmentioning

confidence: 99%

Industry 4.0 and Higher Education: An Evaluation of Barriers Affecting Master’s in Business Administration Enrolments Using a Grey Incidence Analysis

et al. 2021

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“…Nowadays, the industrial world is entering the Industry 4.0. Industry 4.0 occurs globally and faced by all countries in the world since it was recognized in 2011 as an initiative of the German government (Achelia, Asmara, & Berliana, 2019).…”

Section: Introductionmentioning

confidence: 99%

Intellectual capital and firm performance in the Indonesian non-financial firms

Sofian

Wijaya

2020

Jurnal Keuangan Dan Perbankan

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This study analyzes the effect of intellectual capital and firm performance in nonfinancial firms. The firm performance comprises of market performance and financial performance of the firm. This study also breakdown the non-financial firms between three sectors that are the primary sector, manufacturing sector, and service sector. The three sectors are the three main sectors in the economy. This study measures intellectual capital in different ways using the intellectual capital index. The data were analyzed with unbalanced panel data regression and multiple regression. This study found that intellectual capital positively affects market performance and financial performance in non-financial firms. This study also found that intellectual capital positively affects market performance and financial performance in manufacturing and service firms, but in primary sectors, this study found inconclusive results when analyzed and used two different measurements. This study contributes to the firms in non-financial firms about the development of intellectual capital in the knowledge-based economy because intellectual capital is an asset that can create market performance and financial performance. Abstrak Studi ini menganalisis pengaruh modal intelektual dan kinerja perusahaan di perusahaan nonkeuangan. Kinerja perusahaan terdiri dari kinerja pasar dan kinerja keuangan perusahaan. Studi ini juga memecah perusahaan non-keuangan antara tiga sektor yang merupakan sektor primer, sektor manufaktur, dan sektor jasa. Tiga sektor adalah tiga sektor utama dalam perekonomian. Studi ini mengukur modal intelektual dengan berbagai cara menggunakan indeks modal intelektual. Data dianalisis dengan regresi data panel tidak seimbang dan regresi berganda. Studi ini menemukan bahwa modal intelektual secara positif memengaruhi kinerja pasar dan kinerja keuangan di perusahaan non-keuangan. Studi ini juga menemukan bahwa modal intelektual secara positif memengaruhi kinerja pasar dan kinerja keuangan di perusahaan manufaktur dan jasa, tetapi di sektor primer, penelitian ini menemukan hasil yang tidak meyakinkan ketika dianalisis dan menggunakan dua pengukuran yang berbeda. Studi ini memberikan kontribusi kepada perusahaan-perusahaan di perusahaan non-keuangan tentang pengembangan modal intelektual dalam ekonomi berbasis pengetahuan karena modal intelektual adalah aset yang dapat menciptakan kinerja pasar dan kinerja keuangan.

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Professionals and Technicians for Industry 4.0

Cited by 2 publications

References 5 publications

Industry 4.0 and Higher Education: An Evaluation of Barriers Affecting Master’s in Business Administration Enrolments Using a Grey Incidence Analysis

Industry 4.0 and Higher Education: An Evaluation of Barriers Affecting Master’s in Business Administration Enrolments Using a Grey Incidence Analysis

Intellectual capital and firm performance in the Indonesian non-financial firms

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