In this paper, I will refer to the explanations of the school of human capital, whose main exponent is Gary Becker and how the explanation is built around human capital and technology, two factors that augmentate each other from Becker's perspective. Because investmen...
2.1The human capital theory framework of Becker Human capital theory, formalized byBecker (1962)but contemporaneously developed by others, helps us understand the training activities of firms. It (re-)introduced the view that education and training represent investment in future productivity and not ju...
Becker, G. S. (1964). Human capital theory. Columbia. Google Scholar Belley, A., & Dussault, L.et Lorrain, J. (1998). Les compétences des entrepreneurs: Élaboration et validation d’un questionnaire: 4ème congrès international francophone sur la PME, Nancy (pp. 22–24). Google Sc...
The Human Capital Theory was presented by Becker (1962) and Rosen (1976), who stated that the provision of training and education facilities enhances individual workers’ skill sets or abilities. The first book titled “A Theoretical and Empirical Analysis with Special Reference to Education” was ...
Human Capital What is Human Capital? The term and theory of “Human Capital” gained popularity in the 1960s through studies by Gary Becker and Theodore Schultz, who considered the economic valuation of intangible human resource capabilities from which the business can benefit. According to Becker,...
Daron Acemoglu (MIT) Human Capital Theory Bilkent, July 2013. 3 / 126 Introduction Uses of Human Capital Uses of Human Capital Simplest (standard view): human capital increases a worker’s earnings. But how? 1 The Becker view: human capital directly useful in the production process and ...
Related to Human Capital Theory:Human Capital Management human capital n. The accumulated knowledge and skills that make a workforce productive:"Individuals and nations become rich by investing in human capital"(Ben Stein). American Heritage® Dictionary of the English Language, Fifth Edition. Copyri...
was established. The main representatives are schulz, denison, becker and others. Section 1 overview of human capital theory The concept of human capital Concept of capital According to the marxist political economy, capital is a value that can bring residual value. Capital, plant, equipment, ...
Beckerandothers. Thefirstsectionistheoverviewofhumancapitaltheory I.Theconceptofhumancapital Theconceptofcapital AccordingtoMarx'spoliticaleconomy,capitalisakindof valuethatcanbringsurplusvalue.Capital,plant,equipment, landandsoon,solongascanbringthesurplusvalue,isthe capital.Itisaspecificpoliticalandeconomic...