In the new economy, knowledge has become both the key production process component and an important object of exchange itself. While knowledge always has been a component of economic activity, it has become "the one factor of production" capable of increasing the productive capacity of both...

The past quarter century has witnessed many developments in the research and practice of managing human resources in the United States. In this article, we briefly describe two major areas in which these developments have been unfolding: strategic human resource management and international...