Human Capital Theory and the Negative Correlation Between Performance and Experience
Author: Andrew Weiss
Publisher:
Published: 1984
Total Pages:
ISBN-13:
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The Death of Human Capital?
Author: Phillip Brown
Publisher: Oxford University Press, USA
Published: 2020
Total Pages: 321
ISBN-13: 0190644303
DOWNLOAD EBOOK"Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the human capital story is one of a failed revolution that requires an alternative approach to education, jobs, and income inequalities. Rather than abandoning human capital theory, the book calls for a broader view of education not merely as schooling, but as the process of acquiring the skills necessary to take on a flexible range of jobs and roles. In a rapidly changing job market, workers will need to capitalize on the skills, talents, and personality traits that they have honed through a lifetime of learning, rather than their academic credentials. A controversial challenge to the reigning ideology on economics and education, this text provides important insights into the current plight of the overqualified, underemployed labor market"--
Does Overseas Experience Matter?
Author: Li Yu
Publisher: Taylor & Francis
Published: 2023-11-03
Total Pages: 262
ISBN-13: 1000998142
DOWNLOAD EBOOKThe book explores the academic characteristics, career development, and impacts of “foreignness” of Chinese overseas returnees in research universities. It provides valuable insights into the international mobility of academics and the challenges and opportunities that returnee scholars face in terms of research, teaching, international exchange, income, academic promotion, job satisfaction, and career mobility in their academic careers. Using first-hand large-scale survey data, the author presents quantitative analyses of the international mobility of Chinese academics at the individual level. She evaluates the impact of overseas experience on academic career development, and further proposes practical policy suggestions to attract and retain returnee talent in academia in China. The book’s findings have important implications for policy-makers, university administrators, and academics who seek to address the challenges and opportunities of international academic careers and promote the internationalization of research universities in China and beyond.
Analysis of Performance Determinants in Micro-Enterprises. The Case of Dodola District, Oromia Region
Author: Alemayehu Habte
Publisher: GRIN Verlag
Published: 2015-09-24
Total Pages: 96
ISBN-13: 3668052700
DOWNLOAD EBOOKMaster's Thesis from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: A, Hawassa University (governance and development studies), course: masters, language: English, abstract: Nowadays, the contribution of micro-enterprises in employment creation, poverty reduction and hence economic growth is getting widespread acknowledgement. However, their performance is usually constrained by various factors. Thus, this research is basically aimed at investigating key determinants of performance among micro-enterprise businesses in Dodola town of Oromia region. It examines the extent to which performance of micro-enterprises is associated with characteristics of the owner and business constraints. To this end, primary data were gathered using interview schedule from a sample of 112 micro-enterprises selected using stratified random sampling. Besides, two Focus Group Discussions were held with fourteen randomly selected micro-entrepreneurs. To further triangulate the data Key informant interviews were held with three MSE office heads. Then after primary data was analyzed using both descriptive and inferential statistics. Characteristics of the enterprises and their entrepreneurs were analyzed using percentage, mean, median and standard deviation. On the other hand, Pearson’s chi-square(x2), paired sample t-test and multinomial logistic regression were used to make inferences about the subject under investigation. In this study, performance of micro-enterprises was measured in terms of two main indicators namely profit and employment growth. The results of paired t-test indicated statistically significant mean difference in socio-economic status of entrepreneurs before and after starting micro-enterprise business. The multinomial logistic regression analysis revealed that education, experience, location and access to formal credit source are significant predictors of profit growth. However, only education was found as a significant predictor of employment growth. Key Words: Micro-enterprise; Performance; Multinomial Logistic Regression; Performance Determinants.
Human Capital Revisited
Author: Pieter M. Serneels
Publisher:
Published: 2009
Total Pages:
ISBN-13:
DOWNLOAD EBOOKHuman capital theory predicts that differences in wages arise because of differences in human capital. The latter can be accumulated in two ways: through experience and education. Using matched firm-worker data for the Ghanaian Manufacturing sector we first test whether changes in wages over the life cycle reflect changes in performance, following the methodology of Medoff and Abraham [Medoff, J.L., amp; Abraham, K.G. (1980). Experience, Performance, and Earnings. Quarterly Journal of Economics, 95(4), 703-736; Medoff, J.L., amp; Abraham, K.G. (1981). Are Those Paid More Really More Productive? The Case of Experience. Journal of Human Resources, 16(2), 186-216].We find that wage-seniority profiles are independent of performance - a result that holds when controlling for firm fixed effects. Extending the analysis, we include a control for on-the job-training and find that it does not attenuate the seniority profile, which is also at odds with human capital theory.We do find however that firm characteristics play an important role.Wage-seniority profiles are steeper in large firms, but performance profiles are not, suggesting that the results from Medoff and Abraham are specific to large firms.We then assess the role of education. Our results confirm that education is important for the allocation to job levels.Using data on cognitive ability,we also find that the effect of education on wages is at least partially because it signals cognitive ability. We also find evidence that the returns to education are notrelated to performance, while the returns to cognitive ability are.
The SAGE Handbook of Industrial, Work & Organizational Psychology, 3v
Author: Deniz S Ones
Publisher: SAGE
Published: 2021-08-04
Total Pages: 3173
ISBN-13: 1473942780
DOWNLOAD EBOOKThe second edition of this best-selling Handbook presents a fully updated and expanded overview of research, providing the latest perspectives on the analysis of theories, techniques, and methods used by industrial, work, and organizational psychologists. Building on the strengths of the first edition, key additions to this edition include in-depth historical chapter overviews of professional contexts across the globe, along with new chapters on strategic human resource management; corporate social responsibility; diversity, stress, emotions and mindfulness in the workplace; environmental sustainability at work; aging workforces, among many others. Providing a truly global approach and authoritative overview, this three-volume Handbook is an indispensable resource and essential reading for professionals, researchers and students in the field. Volume One: Personnel Psychology and Employee Performance Volume Two: Organizational Psychology Volume Three: Managerial Psychology and Organizational Approaches
The SAGE Handbook of Industrial, Work & Organizational Psychology
Author: Deniz S Ones
Publisher: SAGE
Published: 2017-12-04
Total Pages: 1073
ISBN-13: 1473942802
DOWNLOAD EBOOKThe first volume in The SAGE Handbook of Industrial, Organizational and Work Psychology introduces key concepts in personnel and employee performance from cognitive ability and the psychological predictors used in assessments to employee and team values. The editor and contributors present a clear overview of key research in the areas of behaviour change and how to assess individual job performance – making Volume I indispensable for anyone working in or studying Human Resource Management.
Human Capital
Author: Joop Hartog
Publisher: Cambridge University Press
Published: 2007-06-28
Total Pages: 223
ISBN-13: 1139464809
DOWNLOAD EBOOKAt a time when governments and policy-makers put so much emphasis on 'the knowledge economy' and the economic value of education, human capital theory has never been more important. However, research in this area is often very technical and therefore not easily accessible to those who wish to use it as a guide to policy formation. This book provides an interface between such research and its potential applications in government, education and business. Reporting on a major research initiative, new findings are presented in a non-technical way on three major themes: measuring the benefits from human capital, applications of the human capital model, and policy interventions. Aimed at academic researchers and professionals concerned with the problems and techniques of human capital theory, it will also be useful for graduate courses on the economics of education to complement standard textbooks.
A Literature Review on the Impact of Investment in Human Capital on Economic Success
Author: Gina Roberts
Publisher: diplom.de
Published: 2004-10-26
Total Pages: 146
ISBN-13: 3832483659
DOWNLOAD EBOOKInhaltsangabe: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 [...]
Humanizing Human Capital
Author: Solange Charas, PhD
Publisher: BenBella Books
Published: 2022-09-13
Total Pages: 337
ISBN-13: 1637741804
DOWNLOAD EBOOKThe work world is changing faster than ever before. Adapting to this new reality without a significant interruption in results is increasingly a top priority for all businesses. The key to thriving through disruption is understanding and practicing human capital strategies that will drive enterprise performance and value-creation. In Humanizing Human Capital, renowned business thought leaders Solange Charas, PhD, and Stela Lupushor reframe traditional HR practices into a future-forward strategy to optimize human capital. Charas and Lupushor shift decision-making about people from a gut sense to an evidence-based approach—a critical and much-needed departure from the cross-your-fingers-and-hope-for-the-best approach of most traditional HR programs today. Humanizing Human Capital reveals a step-by-step method to apply analytics approaches to human capital while anticipating inevitable changes in the workforce landscape. This will enable human capital professionals to generate positive outcomes for all stakeholders and allow management to make decisions that work for the entire enterprise. With this book’s comparison of “traditional” with the “future-forward” approach to human capital management, case studies, real-world situations, and 20 business principles, you will learn to: Adopt a best-evidence versus best-practice approach to decision making Shift your thinking so that you view human capital as a crucial investment rather than as a sunk cost Identify what needs to change to respond to future pressures and apply critical thinking to create workable solutions Balance human capital analytics with the more human-centric elements of people management Equip yourself with approaches and tools to interpret the collective voice of the workforce Utilize methods to measure and optimize human capital efficiency, increasing your ROI Increase value for all key stakeholders, including investors, management, workers, customers, partners, and the community at large The road ahead may seem unpredictable and even treacherous, but Humanizing Human Capital provides leaders of any organization a new framework to create resilient, responsive, and innovative organizations with tangible and sustainable business results.
