Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review
Cultural diversity is generally a controversial topic in the literature. Whereas some studies proved that it has economic benefits, others denied that. However, it is possible to avoid the costs related to that through enhancing each of intercultural competence, on the level of firms, and social to...
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| Format: | Article |
| Language: | English |
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Faculty of Engineering, University of Debrecen
2021-09-01
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| Series: | International Journal of Engineering and Management Sciences |
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| Online Access: | https://ojs.lib.unideb.hu/IJEMS/article/view/9292 |
| _version_ | 1797655830113288192 |
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| author | Osama Alhendi |
| author_facet | Osama Alhendi |
| author_sort | Osama Alhendi |
| collection | DOAJ |
| description |
Cultural diversity is generally a controversial topic in the literature. Whereas some studies proved that it has economic benefits, others denied that. However, it is possible to avoid the costs related to that through enhancing each of intercultural competence, on the level of firms, and social tolerance, on the level of economies. To investigate that, the study used literature review analysis. Based on the literature, cultural diversity plays important role in enhancing innovation and entrepreneurship which are necessary for economic development. However, it may result in different challenges such as a lack of trust and conflict. Therefore, it could be feasible to manage and benefit from cultural diversity in the companies through cross-cultural training as well as cultural diversity management. On the other hand, economies can avoid cultural diversity's costs by adopting the policies and institutions which are necessary for enhancing the level of social tolerance among people.
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| first_indexed | 2024-03-11T17:21:21Z |
| format | Article |
| id | doaj.art-221348faa9644f7eab9b83aa5eee78c9 |
| institution | Directory Open Access Journal |
| issn | 2498-700X |
| language | English |
| last_indexed | 2024-03-11T17:21:21Z |
| publishDate | 2021-09-01 |
| publisher | Faculty of Engineering, University of Debrecen |
| record_format | Article |
| series | International Journal of Engineering and Management Sciences |
| spelling | doaj.art-221348faa9644f7eab9b83aa5eee78c92023-10-19T12:05:13ZengFaculty of Engineering, University of DebrecenInternational Journal of Engineering and Management Sciences2498-700X2021-09-016210.21791/IJEMS.2021.2.9.Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review Osama Alhendi0https://orcid.org/0000-0002-7227-7709University of Debrecen, Faculty of Economics and Business, Ihrig Károly Doctoral School Cultural diversity is generally a controversial topic in the literature. Whereas some studies proved that it has economic benefits, others denied that. However, it is possible to avoid the costs related to that through enhancing each of intercultural competence, on the level of firms, and social tolerance, on the level of economies. To investigate that, the study used literature review analysis. Based on the literature, cultural diversity plays important role in enhancing innovation and entrepreneurship which are necessary for economic development. However, it may result in different challenges such as a lack of trust and conflict. Therefore, it could be feasible to manage and benefit from cultural diversity in the companies through cross-cultural training as well as cultural diversity management. On the other hand, economies can avoid cultural diversity's costs by adopting the policies and institutions which are necessary for enhancing the level of social tolerance among people. https://ojs.lib.unideb.hu/IJEMS/article/view/9292intercultural competencetolerancecultural diversityeconomic development |
| spellingShingle | Osama Alhendi Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review International Journal of Engineering and Management Sciences intercultural competence tolerance cultural diversity economic development |
| title | Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review |
| title_full | Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review |
| title_fullStr | Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review |
| title_full_unstemmed | Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review |
| title_short | Cultural diversity, Intercultural Competence, Tolerance and the Economy: a Review |
| title_sort | cultural diversity intercultural competence tolerance and the economy a review |
| topic | intercultural competence tolerance cultural diversity economic development |
| url | https://ojs.lib.unideb.hu/IJEMS/article/view/9292 |
| work_keys_str_mv | AT osamaalhendi culturaldiversityinterculturalcompetencetoleranceandtheeconomyareview |