10 Human Capital for Fourth Industrial Revolution: Human Capital 4.0
10.1 Introduction
The fourth industrial revolution (Industry 4.0), introduced in Germany in 2011, is considered the game changer regarding its impacts upon businesses and economies (Mubarik et al. 2021; Kusi-Sarpong et al. 2022). It transmutes the conventional business processes, and cutting-edge technologies are replacing the conventional business processes. It has also accelerated the pace and speed of business transactions manifold. A business transaction that was previously taking many days for execution now could be executed in a few seconds. It allows firms to have digitally driven business processes and value-creating networks and provide ...
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