Innovation in Resource Management: Is Academia Keeping Up with Industry?

Abstract

In the evolving landscape of resource management, the interplay between academic research and industry practices has become increasingly pivotal. As industries continuously innovate to stay competitive, there is a pressing question that arises: Is academia keeping pace with industry when it comes to innovations in resource management? In conclusion, while there are exemplary instances of effective academia-industry partnerships, the overall landscape indicates that academia could do more to keep pace with the rapid innovation seen in industry. By adopting agile methodologies, enhancing knowledge transfer mechanisms, reforming HR practices, and embracing open innovation models, academic institutions can not only catch up but potentially lead in the field of resource management innovation.