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The development of the labor market of Czech small and medium-sized enterprises: Toward the digital economy

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dc.title The development of the labor market of Czech small and medium-sized enterprises: Toward the digital economy en
dc.contributor.author Mikeska, Martin
dc.contributor.author Urbánek, Tomáš
dc.relation.ispartof Change Management
dc.identifier.issn 2327-798X Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2020
utb.relation.volume 20
utb.relation.issue 2
dc.citation.spage 21
dc.citation.epage 37
dc.type article
dc.language.iso en
dc.publisher Common Ground Research Networks
dc.identifier.doi 10.18848/2327-798X/CGP/v20i02/21-37
dc.relation.uri https://cgscholar.com/bookstore/works/the-development-of-the-labor-market
dc.subject Czech economy en
dc.subject digital economy en
dc.subject education en
dc.subject innovation en
dc.subject labor market en
dc.subject SMEs en
dc.description.abstract In the 2000s, Czech small and medium-sized enterprises faced competition in the new technologies and innovations associated with the implementation of the digital economy. Competitive advantages of the Czech economy based on cheap labor and low-cost production are in decline, and finding a new economic paradigm seems to be problematic. Our study has traced a significant degree of interaction between the structure of employee education and the sectoral classification of the company, with medium–high-tech, medium–low-tech and low-tech firms behaving differently from each other from the labor market perspective. Companies implement different strategies in terms of employee education as well as R&D. Thus far, Czech companies have focused mainly on the market follower approach, i.e., with little effort toward innovation. This conservative strategy brings lower risks but also lacks the high profit potential necessary to reach competitive advantages. In particular, the digitization of the midtech sector is crucial for the future growth of the Czech economy. The midtech sector possesses high potential for the development of new business opportunities if it can overcome its significant gap in the use of R&D, knowledge, and technology. © Common Ground Research Networks, Martin Mikeska, Tomáš Urbánek. en
utb.faculty Faculty of Management and Economics
utb.faculty Faculty of Applied Informatics
dc.identifier.uri http://hdl.handle.net/10563/1010548
utb.identifier.obdid 43881732
utb.identifier.scopus 2-s2.0-85114033321
utb.source j-scopus
dc.date.accessioned 2021-09-14T09:02:25Z
dc.date.available 2021-09-14T09:02:25Z
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Mikeska, Martin
utb.contributor.internalauthor Urbánek, Tomáš
utb.scopus.affiliation Tomas Bata University, Zlín, Czech Republic
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