The concept of comparative advantages explains why trade between two countries, regions or people can be beneficial, even when one of them is more productive in the manufacture of all goods. What matters is the productivity ratio that each country has. Even if a country does not have an absolute advantage, it can specialize in those sectors where it has a comparative advantage.
Published in Chapter:
The Use of Design Thinking to Develop Corporate Skills and Competencies
Lucia Maria Cuque (Pontifícia Universidade Católica de São Paulo, Brazil) and Joao Mattar (Pontifícia Universidade Católica de São Paulo, Brazil)
Copyright: © 2021
|Pages: 13
DOI: 10.4018/978-1-7998-3473-1.ch130
Abstract
Design thinking is a methodology for proposing creative and innovative solutions for problems that use the mindset of the designers. The Bootcamp Bootleg suggests the following steps for design thinking: empathize, define, ideate, prototype, and test. Corporate training usually aims to develop key analytical skills and competencies such as: analytical thinking, decision making, problem solving, leadership, and strategic thinking. However, 21st century holistic and intuitive skills are also required in management today, such as communication, creativity, innovation, and empathy. Design Thinking roots are business and design, and its application to the area of education is more recent. The purpose of this chapter is to discuss how design thinking, combined with information and communication technologies (ICT), can be used to promote 21st century skills and competencies in the corporate environment.