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- DictionaryHu·man cap·i·tal/ˈ(h)yo͞omən ˈkapədl/
noun
- 1. the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
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The meaning of HUMAN CAPITAL is the skills, knowledge, and qualifications of a person, group, or workforce considered as economic assets. How to use human capital in a sentence.
Jun 13, 2024 · Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills.
Human capital is vital for growth, say the report's authors. Invest in it and it will generate returns, not just for the individuals involved but for the economy as a whole. This means educating young people with the skills they need to thrive in the modern economy.
Sep 13, 2022 · Human capital is the economic value of a person's abilities and the qualities of their labor that influence productivity. Examples of human capital include the education, technical training, or problem-solving skills that a person offers to a business.
Jan 3, 2019 · Human capital is the sum of knowledge, skills, experience and social qualities that contribute to a person’s ability to perform work in a manner that produces economic value. Both employers and employees make substantial investments in the development of human capital.
human capital, intangible collective resources possessed by individuals and groups within a given population. These resources include all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed individually and collectively, the cumulative total.
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings.
Sep 17, 2023 · Learn about the concept of human capital, how it was developed, and why it is important for businesses to protect their human capital.
Human capital definition: the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community. See examples of HUMAN CAPITAL used in a sentence.
Jan 1, 2024 · Definition. Human capital refers to “the knowledge, skills, competencies, and attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being” (OECD 2001 ). Description. Human capital is an economic concept (Becker 1964 ).
