Human capital: the history, measurement and impact on nations from an economic perspective
by Segu Zuhair; Riccardo Natoli
International Journal of Value Chain Management (IJVCM), Vol. 6, No. 1, 2012

Abstract: This paper reviews human capital with special reference to its definition, measurement methods, and its contribution to economic growth and development. Vast amount of effort has been spent on the acquisition of knowledge and its application to enhancing living standards. A formal approach to this topic, however, was developed only during the past 300 years. The increasing importance placed on knowledge, accelerated by the rapid development of information technologies, has necessitated the development of new approaches to assess the role of HC. The increasing role of HC on development is evidenced by the high growth rates achieved by certain resource-poor countries. Sound theoretical framework and measures are required in order to articulate effective policies and assess their impact on growth and development.

Online publication date: Sat, 16-Aug-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Value Chain Management (IJVCM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com