The speed of globalization has been increased by the proliferation of new technologies and political and economic forces since the close of the past century. From the contextual meaning of skill formation, globalization may be defined as the steady integration of societies and economies driven by new economic relationships, new technologies, and new national and international policies of a broad choice of actors including labor and civil society, the government, business, and international institutions. The impacts of skill formation as facilitated by societal reorganization and information and communication technologies are transforming the value created, the competitive strategy sustained, and the way in which work is organized. A key component of this revolution is the increasing significance of knowledge as the focal force of growth and ...