Human Capital and Technology Development in Malaysia (original) (raw)

Human Capital and Technology Development in

2004

and its relation to the development of human capital in Malaysia as a country undergoing transformation into an ICT-driven and knowledge-based society. Education and training, being the key variable of human capital, is examined in terms of the government expenditure on education and training, years of schooling, number of enrolment and level of education of the labour force. ICT development is measured in terms of the personnel involvement in Research and Development (R&D) in related areas of technology or the development allocation and expenditure for R&D, and the extent of ICT usage in the various sectors of the economy and population. human capital development, technology development, ICT use, knowledge-based

Information and Communication Technology (ICT) and human capital management trend in Malaysia's economic development

Http Dx Doi Org 10 1080 13504850701719637, 2008

This paper focuses on the extent to which university-based research on Information and Communication Technology (ICT) addressed and impacted the Millennium Development Goals (MDGs) in education, social and economic development in the countries of Botswana, Namibia and Zimbabwe. Twenty-two ICT-related projects were selected on the basis of (a) having a focus on ICT research knowledge production, (b) intensive involvement of ICTs, and (c) not being more than five years old. The study was descriptive in nature and used both qualitative and quantitative in design using questionnaires, structured interviews and documentary schedules. The data collected was qualitatively analyzed. The findings of the study showed that ICT applications were a means to extend access to wider educational opportunities and this added value to productivity-related socioeconomic activities. It was concluded that the studies surveyed did make some positive contributions and education was the base for socioeconomic development in attainment of MDG's agenda through the use of ICT.

The impact of ICT and human capital on achieving knowledge-based economy: applications in Malaysia's economy

World Review of Science, Technology and Sustainable …, 2006

Using Information and communication technology (ICT) in the activities of Malaysia's manufacturing sector contributes significantly to its productivity growth in general and total factor productivity (TFP) growth of the sector in particular. This study assumes that the use of ICT in the manufacturing sector is increasing from year to year in the form of a geometric progression due to the rapid innovations of ICT around the globe. Labour input was subdivided into skilled semi-skilled and unskilled, to measure the achievement of the knowledge-based economy (K-economy) through human capital involved in the sector. The results of this study show that the contribution of the ICT used in the sector was the highest one among the input terms. This means that achieving K-economy through ICT is faster than achieving it through the human capital and other traditional inputs. The impact of ICT on TFP contributions is significant and better than skilled labour as an indicator of knowledge workers (human capital) that showed a very low contribution of TFP. But the growth rate of TFP is lower compared with the growth rate of the ICT. As a result, the achievement of the K-economy is not in a geometric progression like that of the ICT development.

ICT and Human Capital Role in Achieving Knowledge-Based Economy: Applications on Malaysia's Manufacturing

Journal of Information & Knowledge Management, 2006

This study measures the impact of ICT on Malaysia's aggregate output in the period 1965-2005. It closes a gap in existing literature by using the 3SLS technique on a country specific study. Telecommunication penetration rate is used as a proxy for ICT and analysed in both macro-economic and micro-economic perspectives. The findings of this study suggest that there is a causal relation between ICT and aggregate output in Malaysia and that the MSC and the privatisation policy of the telecommunication sector, are found to be indifferent to achieving expected economic growth in Malaysia.

ICT, Human Capital and TFP in Malaysia: A Statistical Approach

beykon.org

This paper finds that the contribution of Information and Communication Technology (ICT) to Malaysian economic growth is the highest at an average of 13 percent for the period 1966 to 2005 against 4.7 percent for Total Factor Productivity (TFP), 9.7 percent for Gross Domestic Product (GDP), 9.6 percent for capital, and 3.0 percent for labour. The decomposition of human capital growth indicates that the contribution for ICT intensity at 14 percent is highest in the sub-period of 1987 to 2005, while TFP is 2.1 percent, output-human capital ratio is 6.6 percent, capital intensity is 6.1 percent, and labour productivity is 3.4 percent. This suggests that Malaysia's ICT commitments are significant to the development of human capital in Malaysia. However, the results for TFP suggests that Malaysia's productivity is input driven, thus indicating that the policies and programmes to increase the rate of TFP have been unsuccessful.

Human resource development (HRD): Technology and ICT adoption in industrial sector, Malaysia

2006

The roles of information and communication technology (ICT) in boosting productivity and in promoting human resource development cannot be underestimated. Small and medium enterprises, in particular, have to grapple with the technological innovations that challenge operations, efficiency, and productivity vis-a-vis human resource capabilities.As in many countries, Malaysia has adopted ICT in various sectors such as manufacturing, banking, finance, and telecommunication, to name a few.These sectors utilize knowledge workers that have technological and ICT skills for competitive advantage.In line with the 9th Malaysia Plan (2006-2010), it was reported that investment from the technology and ICT sector are expected to be the main driver for the manufacturing sector’s overall growth, which in turn, could contribute to greater export and create more employment opportunities.This research assessed the development of human resources based on the application of ICT in the industrial sector ...

Information communication technology, human capital and economic growth in Malaysia: an empirical analysis

2018

The present study aims to investigate the relationship between economic growth, human capital and Information Communication Technology (ICT) in Malaysia in short and long run. Using time series data, the study adopts Autogressive Distributed Lag (ARDL) cointegration technique that applies the bound testing to examine the existence of the relationship between variables. The results suggest that in long run, economic growth is positively determined by capital, labour, ICT and human capital. In the short run, labor, capital and ICT contribute positively and significantly to economic growth but human capital negatively affects growth. The results imply that Malaysian government should undertake better policies that facilitate human capital development along with investment in ICT to boost economic growth of the country in short and long run.

Human Capital Development of Information and Communication Technology Industry in Indonesia

Journal of Research and Applications: Accounting and Management, 2015

Tanggal masuk 15-06-2015 Industri teknologi informasi dan komunikasi (TIK) memainkan peran utama dalam transisi pengetahuan berbasis ekonomi, dan berpeluang untuk pembangunan sosial-ekonomi, terutama bagi negara-negara berkembang. Human capital memainkan peran penting dalam sektor berbasis pengetahuan seperti industri TIK. Di negara berkembang khususnya Indonesia, human capital merupakan faktor pendorong penting pertumbuhan industri TIK. Sehingga, perusahaan harus menginvestasikan sumber daya yang diperlukan dalam mengembangkan sumber daya manusia yang cenderung memiliki dampak yang besar pada kinerja. Artikel ini menjelaskan dan menganalisis peran modal manusia dalam pengembangan industri TIK di Indonesia serta mengembangkan model berdasarkan rangkuman teori yang telah ada yang menjelaskan hubungan antara pengembangan modal manusia dan kinerja perusahaan ICT. Model yang dikembangkan diharapkan dapat menjadi acuan dalam pengembangan human capital di industri lainnya, khususnya di negara berkembang.

An Empirical Investigation on associated linkage between Human Development and ICT: A South Asian Perspective

2019

In the wake of industrial revolution in the late 18th and 19th centuries, technology as a seminal force has impacted everything and its effects are much more beyond the pertinent human comprehension. Most of the studies use per capita GDP as a measure to map the economic well-being of any nation but it is a narrower indicator. Human development could be considered to be the key that acts as a binding force to absorb the technological driven advancements. Taking this perspective, we contemplate the emergent prerequisite of finding the association between human capital development and information & communication technology (ICT) framework. The current study attempts to analyze how advancement in ICT could promote human capital development with special reference to South Asian Region (SAR) over the period 2000-16 by employing panel fixed effects modeling. Where, social human capital is proxied by the Human Development Index (HDI) and the the ICT penetration is measured by the parameter...

A Visual Measurement Model on Human Capital and ICT Dimensions of a Knowledge Society (KS) Framework for Malaysia towards an Innovative Digital Economy

Lecture Notes in Computer Science, 2011

This paper outlines the research conducted to test a visual measurement model of the Human Capital and ICT dimensions to develop a framework of a Knowledge-based Society for Malaysia towards an Innovative Digital Economy. Based on an initial analysis on Knowledge-based Society (KS),it was found that Human capital and ICT represent important enabling dimensions in a KS framework. The content domain to measure both these dimensions were developed based on empirical data and literature available. It was then tested using a sample of 450 respondents from both government and private sectors as well as NGOs. Four factors were extracted from the exploratory factor analysis based on 44 items proposed in the survey questionnaire. For the Human Capital dimension, 42 items were loaded into the four factors, and 2 items were deleted due to loadings less than 0.3; whilst for the ICT dimension, 39 items were loaded into the four factors and 2 items were also deleted due to loadings less than 0.3. The visual measurement model was validated using the Structural Equation Modelling (SEM).The confirmatory factor analysis results indicated that generally, Human Capital and ICT dimensions provided a reasonably good fit measurement model, thus necessary to be used as a guide in the development of a KS framework in Malaysia.