A Literature Review On The Impact Of Investment In Human Capital On Economic Success

Author : Gina Roberts
Publisher : diplom.de
Page : 142 pages
File Size : 53,8 Mb
Release : 2004-10-26
Category : Business & Economics
ISBN : 9783832483654

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A Literature Review on the Impact of Investment in Human Capital on Economic Success by Gina Roberts Pdf

Inhaltsangabe:Abstract: Champions of Human Capital in organisations, such as Human Resources directors, are in need of empirical evidence to justify to board members, CEOs and ultimately shareholders why financial investments into Human Capital should be increased or at least maintained. The research questions posed in this thesis take on the challenge to find empirical evidence that investment in Human Capital, through Human Resources, has a positive impact on intermediate as well as accounting and share-value indicators of organisational performance. This literature review summarises, integrates and evaluates research published between 1998 and 2003 pertaining to the direct and indirect relationship between Human Resources on different indicators of intermediate and bottom-line performance. The review is comprised of 31 articles clustered into the following topics: strategic HRM, Human Resources Development, technology, diverse workforces and flexible working conditions and methodological issues in HR-organisational performance research. Evidence for the direct and indirect impact of HR on organisational performance is discussed and the findings are interpreted with reference to Ostroff and Bowen s Multi-Level Model (2000), which explains the individual, organisational and inter-level relationships between Human Resources and organisational performance. Enabling conditions that strengthen the HR-organisational performance relationship are identified. Methodological issues such as levels of analyses, short-term vs. long-term perspectives and generalisability are evaluated in detail. Employee benefits from enhanced organisational performance and barriers to the diffusion of high-performance work practices are research questions that still remain unanswered (Ichniowski et al., 2000). Future research should focus on building up a portfolio of studies at different levels of analyses and include a broader range of organisational performance variables that are also relevant employees as well as shareholders and top management. The implications of the research findings for HR directors and corporate strategy functions are presented. Inhaltsverzeichnis:Table of Contents: 1.Introduction4 2.Theoretical Background7 2.1How is Human Capital Conceptualised in the Management Literature?7 2.2The Human Capital Project8 2.3The Story so Far: Theoretical Perspectives on Human Resources Management9 2.3.1Current State of Research on HR Practices and Firm [...]

Author : Theodore William Schultz
Publisher : New York : Free Press
Page : 296 pages
File Size : 50,7 Mb
Release : 1971
Category : Economics
ISBN : UCSC:32106000824695

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Investment in Human Capital by Theodore William Schultz Pdf

Author : Andreas Savvides,Thanasis Stengos
Publisher : Stanford University Press
Page : 256 pages
File Size : 49,9 Mb
Release : 2008-10-10
Category : Business & Economics
ISBN : 9780804769761

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Human Capital and Economic Growth by Andreas Savvides,Thanasis Stengos Pdf

This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.

Author : Ángel de la Fuente,Antonio Ciccone
Publisher : Unknown
Page : 128 pages
File Size : 42,7 Mb
Release : 2003
Category : Economic development
ISBN : UVA:X004714726

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Human Capital in a Global and Knowledge-based Economy by Ángel de la Fuente,Antonio Ciccone Pdf

Author : L. Paganetto,E. Phelps
Publisher : Springer
Page : 199 pages
File Size : 41,7 Mb
Release : 2003-01-31
Category : Business & Economics
ISBN : 9781403920232

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Finance, Research, Education and Growth by L. Paganetto,E. Phelps Pdf

A crucial issue in the era of globalisation and internationalization, is whether the relationship between investment and finance is beneficial to growth and development. Received wisdom is that Research and Development is essential not only for maintaining productivity, but also for competing in the marketplace. Similar questions have been raised about education and its rate of 'social return; is education necessary for improving the skill of the workforce, or does it serve primarily to facilitate the adoption of these new technologies? This book brings together a case of leading international scholars to analyze the importance of education, research and human capital and the impact of financial systems on growth and development.

Author : Alberto Bucci,Klaus Prettner,Alexia Prskawetz
Publisher : Springer Nature
Page : 384 pages
File Size : 40,9 Mb
Release : 2019-11-26
Category : Business & Economics
ISBN : 9783030215996

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Human Capital and Economic Growth by Alberto Bucci,Klaus Prettner,Alexia Prskawetz Pdf

This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.

Author : Junaid Javaid
Publisher : GRIN Verlag
Page : 43 pages
File Size : 48,5 Mb
Release : 2014-10-07
Category : Business & Economics
ISBN : 9783656762119

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Human capital as an essential and measurable asset by Junaid Javaid Pdf

Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: C+, University of Bedfordshire, course: MSc Finance & Business Management, language: English, abstract: This AMP is carried out as a research toward finding and relating the company’s Human Capital with its desired performance. It has also suggested the method by which the company can reliably reports its Human Capital as the strongest company’s asset in its financial statements. From the Background context of given issue the evidence looks prominent and right that in the current scenario Human Capital is considered to be as the key success factor. The Literature Review section, in relation to the definition of Human Capital, the arguments of both Becker (1993) and Davenport (1999) makes sense and also looks generous. Becker (1993) defined Human Capital as a composition of four characteristics (Credentials, Reputation, Personality and Appearance). While on the other side, Davenport (1999) made a figure of by combining all aspects (Employee effort, behaviour, ability & time) together to give final shape to undergoing definition. In relations to the measurement methods of Human Capital, there are many Scholars who came forwards and proposed different methods. It has been regarded and acknowledged that work of certain Authors: Kaplan & Norton (1992), Monti-Belkaou & Riahi-Belkaoui (1995), Brown (1999) and Weiss (1999) is prominent. Out of these four studies Monti-Belkaou & Riahi-Belkaoui (1995) took the fame as their model have both aspect: practical implementation and recognition of value added by the company’s demployed Human Capital in its overall financial performance and operational excellence. The objectives of this AMP have been achieved. From the models like Balanced Scorecard and Kaplan’s Seven Step Framework and also from the case studies like Huselid, et al (1997) and Delery & Doty, (1996), it has been cleared and understood that the company’s Human Capital has implications on its business performance (success). From the studies like Kaplan & Norton (1992), Monti-Belkaou & Riahi-Belkaoui (1995), Brown (1999) and Weiss (1999), it has illustrated that these are the certain methods by which the company could include Human Capital as the company’s most significant in its financial reporting. Out of these four studies, Monti-Belkaou & Riahi-Belkaoui (1995) took the fame. So the need of an hour is to select it as the common framework for the reporting of Human Capital as the company’s most powerful assets.

Author : World Bank
Publisher : World Bank Publications
Page : 148 pages
File Size : 51,9 Mb
Release : 2018-10-31
Category : Business & Economics
ISBN : 9781464813566

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World Development Report 2019 by World Bank Pdf

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Author : Jacob Mincer
Publisher : Edward Elgar Publishing
Page : 456 pages
File Size : 52,5 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 1782541551

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Studies in Human Capital by Jacob Mincer Pdf

'The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.' - Geraint Johnes, International Journal of Manpower Studies in Human Capital, the first volume of Jacob Mincer's essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.

Author : Alexander Ayertey Odonkor
Publisher : Unknown
Page : 50 pages
File Size : 53,7 Mb
Release : 2017-05-18
Category : Electronic
ISBN : 3668431124

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The Impact of Human Capital on Economic Growth in Ghana by Alexander Ayertey Odonkor Pdf

Bachelor Thesis from the year 2017 in the subject Business economics - Accounting and Taxes, grade: 2.1, language: English, abstract: The purpose of the study was to determine the impact of human capital on economic growth in Ghana. The study employs secondary data extracted mainly from economic data from Ghana Statistical Service, World Bank, Journals of Economic Studies and Bank of Ghana Research Unit and website spanning from 1970 to 2010. The research design was modelled after what has been commonly employed in the existing literature in determining the impact of human capital on economic growth in Ghana. The study applied ordinary least squares regression (OLS) to estimate the models and perform data analysis. The results of the study show the impact of human capital on economic growth within a forty year period. On the basis of the economic apriori expectation and regression result, it was discovered that the impact of human capital on economic growth in Ghana is positively related. The study concludes that improved human capital leads to economic growth.

Author : Centre for Educational Research and Innovation
Publisher : Org. for Economic Cooperation & Development
Page : 128 pages
File Size : 46,7 Mb
Release : 1998
Category : Business & Economics
ISBN : STANFORD:36105021272807

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Human Capital Investment by Centre for Educational Research and Innovation Pdf

Investment in human capital is to the fore of debate and analysis in OECD countries about how to promote economic prosperity, fuller employment, and social cohesion. Individuals, organisations and nations increasingly recognise that high levels of know

Author : Barbara Sianesi
Publisher : Unknown
Page : 88 pages
File Size : 52,8 Mb
Release : 2000
Category : Human capital
ISBN : CORNELL:31924088128628

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The Returns to Education by Barbara Sianesi Pdf

Author : Universities-National Bureau Staff
Publisher : Unknown
Page : 174 pages
File Size : 51,7 Mb
Release : 1962
Category : Business & Economics
ISBN : IND:30000099588737

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Investment in Human Beings by Universities-National Bureau Staff Pdf

Author : B. F. Kiker
Publisher : Unknown
Page : 632 pages
File Size : 52,6 Mb
Release : 1971
Category : Business & Economics
ISBN : STANFORD:36105038313164

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Investment in Human Capital by B. F. Kiker Pdf

Compilation of economic research papers on investment in labour force human capital formation in the USA - includes several cost benefit analysis outlines of investment returns on education, in plant training, health services, etc., and covers theoretical aspects of labour mobility, migration, brain drain, labour costs, income differences, occupational choice, etc. References and statistical tables.

Author : Gary S. Becker
Publisher : Unknown
Page : 390 pages
File Size : 40,9 Mb
Release : 1993-01
Category : Business & Economics
ISBN : 0226041204

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Human Capital by Gary S. Becker Pdf

Human Capital is Becker's study of how investment in an individual's education and training is similar to business investments in equipment. Becker looks at the effects of investment in education on earnings and employment, and shows how his theory measures the incentive for such investment, as well as the costs and returns from college and high school education. Another part of the study explores the relation between age and earnings. This edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labour, economic considerations within the family, and inequality in earnings.