Search results
Results from the WOW.Com Content Network
Human capital is the value that the employees of a business provide through the application of skills, know-how and expertise. [43] It is an organization's combined human capability for solving business problems. Human capital is inherent in people and cannot be owned by an organization.
Theoretical physicist Albert Einstein, who emigrated to the United States to escape Nazi persecution, is an example of human capital flight as a result of political change. When World War II ended, the United States, the United Kingdom and the Soviet Union were all intent on capitalizing on Nazi research and competed for the spoils of war.
The Enterprising Science project developed a survey to measure science capital and extended the concept of science capital beyond homes and into schools and museums. [13] Science capital is being used to develop strategies for teaching in primary and secondary schools [14] and to develop measures of science capital for adults.
In contrast, many economists today consider "human capital" (skills and education) as the fourth factor of production, with entrepreneurship as a form of human capital. Yet others refer to intellectual capital. More recently, many have begun to see "social capital" as a factor, as contributing to production of goods and services.
In general, schools of human resources management offer education and research in the HRM field from diplomas to doctorate-level opportunities. The master's-level courses include MBA (HR), MM (HR), MHRM, MIR, etc. (See Master of Science in Human Resource Development for curriculum.)
Human capital flight in Europe fits into two distinct trends. The first is an outflow of highly qualified scientists from Western Europe mostly to the United States. [ 130 ] The second is a migration of skilled workers from Central and Southeastern Europe into Western Europe, within the EU . [ 131 ]
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Embodied cultural capital comprises the knowledge that is consciously acquired and passively inherited, by socialization to culture and tradition. Unlike property, cultural capital is not transmissible, but is acquired over time, as it is impressed upon the person's habitus (i.e., character and way of thinking), which, in turn, becomes more receptive to similar cultural influences.