Futuristic toll for human resources that will dominate in the future

Gligorovski, Violeta Futuristic toll for human resources that will dominate in the future. International journal, Isnstitute of Knoledge and management, vol.59, 2023, 59.

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Abstract

Abstract: The purpose of this paper is to show that there is very close connection between technological changes in
companies and productivity. Those economic symbioses that exist in these two entities are wholesome evolution of
competitive modern company, where the prizefight for the larger quantity of the market is enormous. The paper will
explain technological changes and their impact on productivity in the companies. Technological change denotes
to the progress of the already current technologies and inventing innovative ones to increase the existing
merchandises in the market while also creating new ones. Technology adopts innovation, generates jobs, and boost
long-term economic success. By refining communication and making prospects for data-sharing and cooperation,
information technology symbolizes an arrangement issue as important as bridges, highways, dams, and buildings.
Productivity is the output created per unit of input. The progression of technology has a considerable effect on
productivity. The companies can accomplish enhanced outputs thanks to more efficient systems used in production.
The 6 important factors which are affecting the industrial productivity are: Government Policy, Quality of Human
Resources, Availability of Finance, Technological Development, Natural Factors, and Managerial Talent.
Methodology that is used in this paper is vast literature reviews by many authors that are interested in this area of
research. Also, and comparative analyses will be used about these two entities. Technological changes lead to
increase in productivity of labor and capital of the companies

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions:	Faculty of Economics
Depositing User:	PhD Violeta Gligorovski
Date Deposited:	20 Feb 2025 09:57
Last Modified:	20 Feb 2025 09:57
URI:	https://eprints.uklo.edu.mk/id/eprint/10751

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