Dynamics of Knowledge Management in 4IR Through HR Interventions: Conceptual Framework

Abstract

The world economy has been remaining captive to the exponential growth of knowledge. The concept of knowledge is diversified and multidimensional which essentially includes theoretical constructs, experiential learning, incepts of laboratory results, models and of course its ability to adapt changes. In fact, knowledge economy should be ideally the fusion of indigenous belief and practice and transformation of scientific know-how. The world has witnessed rapid transformation both in society knowledge system and industrial revolution. The twenty-first century has emerged as the torchbearer for fourth industrial revolution which can manifested in designing machines, gadgets that can be embraced with auto-guided instructions, artificially par excellence with human intelligence. The aspiration of fourth industrial revolution (4IR) demands higher order of knowledge, big data analytics and continuous improvement in R&D outcomes. So, it has become emergent to concentrate on the threshold level of knowledge management practices in the transforming economy. This paper has focused on how the interrelations among the level of industrial revolution, knowledge management and transformational HRM practices include KASH protocol using conceptual modelling.