NORDSCI Conference proceedings 2018, Book 2

Business and Management

HUMAN RESOURCE DEVELOPMENT IN EMERGING MARKETS: CASE STUDY OF SOUTH KOREA

Assistant Prof. PhD Olga A. Shvetsova

ABSTRACT

The research referees modern trends and approaches in human resource management in emerging markets. The article considers modern approaches to the development of key competencies of engineering personnel based on electronic applications. The advantages and disadvantages of using such applications in fast and dynamically developing economic systems are analyzed. The case of the use of modern teaching technologies and applications in Korean practice is given.
The author discusses the industrial competence model in South Korea and human resource development methods within the 4th Industrial Revolution. Different approaches and concepts are discussed. University-Industry cooperation applications and strategies are discussed; the author analyzes competence assessment, creation and development systems in Korean Universities and high-tech industries.
A special case of competence development in growth economy is discussed; an example is based on Korean companies’ experience. Author shows aligning human resource development with labour demand and the Korean model of factory-school-shelter cooperation. Different types of education are discussed, for example, vocational education, lifelong trainings, training consortium for small and medium-size entrepreneurships.

KEYWORDS

human resource development, South Korea, competence model, emerging economy

REFERENCE

NORDSCI Conference Proceedings 2018, Conference Proceedings, ISSN 2603-4107, ISBN 978-619-7495-01-0, HUMAN RESOURCE DEVELOPMENT IN EMERGING MARKETS: CASE STUDY OF SOUTH KOREA, 59-68 pp, DOI paper 10.32008/nordsci2018/B2/V1/18