Human Capital Requirement in Research for Enhancing Economic Development and Quality of Life
Open Access
|Jul 2015Abstract
It is well known that sustained economic development of any country depends on the availability of relevant human capital. At present we are living in an era of fourth industrial revolution which is characterized by interaction and amalgamation of several spheres, namely the physical, biological and cyber. Not like the other three revolutions, the fourth industrial revolution is taking place at an exponential rate thus affecting the industries in all countries. In order to stay competitive in the rapidly changing economically and technologically advancing environment, Sri Lanka needs sufficient amount of human capital capable of developing new technologies and innovations, and also managing them. Hence the availability of sufficient amount of human capital in Research and Development (R&D) is of utmost importance.
DOI: https://doi.org/10.4038/kjhrm.v10i1-2.17 | Journal eISSN: 2738-2192
Language: English
Page range: 1 - 8
Published on: Jul 1, 2015
Published by: Department of Human Resource Management, University of Kelaniya
In partnership with: Paradigm Publishing Services
© 2015 M.J.S. Wijeyaratne, published by Department of Human Resource Management, University of Kelaniya
This work is licensed under the Creative Commons License.