Abstract: Labor surplus in an economy can be a useful resource for development and future growth if it can be channeled through appropriate sectors and industries. Empirical evidence suggests that most of the countries that have successfully attained rapid economic development in last few decades, had done so through channeling their labor surplus mainly through both industrial and service sectors while putting a comparatively lower emphasis on the agricultural sector. However, due to difference in the economic infrastructure in different countries, the same method to utilize labor surplus may not be applicable universally. Rather being a highly agro-based country, Bangladesh may have to utilize its agricultural sector more to attain economic growth and labor surplus while looking for alternative sources such as agrobased and labor-intensive manufacturing and semi-skilled migration abroad. Bangladesh would also need to address the inefficiency of employment survey programs currently practiced in

• Publication Date: 27-Sep-2015
• DOI: 10.15224/978-1-63248-071-2-30
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Abstract: Institutions today are more motivated to organize individuals with distinct talent to create innovations through knowledge integration and differentiation. But a smart team does not warrant performance. Previous researches have indicated that team members must jointly develop a shared mental model (SMM) so that their actions are effectively coordinated and innovations are induced. However, little is known about the mechanism how team SMM improves performance. This research conducted a case study to explore the processes by which SMMs were developed in a heterogeneous team. The results of this study show that team SMM is linked to team performance through both knowledge convergence and divergence. Team SMMs are hierarchically structured so that subordinate SMMs help team efficiency based on converged knowledge. With higher level SMM in effect, heterogeneous team benefits from knowledge divergence from the interplay between subordinate SMM and the adjacent superordinate SMM; the interpla

• Publication Date: 27-Sep-2015
• DOI: 10.15224/978-1-63248-071-2-31
• Views: 0
• Downloads: 0