Will we see higher levels of innovation and skill development in the future ? When entrepreneurship creates new products , it forces human capital upward as companies adapt this technology to create competitive advantages . Today 's employment market is filling vacancies quickly and may soon begin to innovate again to find greater competitive strengths . Spurts of technological advancement are followed by greater demands for market skills that raise human capital formation (Gomes, 2011). As companies adapt to new technology , they will seek to hire and train employees to use this technology. Employment expectation will adjust education and schooling to meet new job needs . As the labor market moves closer to maximum employment capacity the cost of wages rises and pushes companies to adjust their strategies to focus on new competitive strengths. Technological advancement and integration is
A blog on current political issues, civic & business development, research & science, art, Higher Ed. and national development. While topics might vary among the six+ genres it should appeal to those who are interested in exploring the possibilities in new directions. The blog's home is Escanaba Michigan.