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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.
Human capital is the value that the employees of a business provide through the application of skills, know-how and expertise. 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.
Jul 2, 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.
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.
Jun 27, 2016 · In the 1960s, the term human capital was made popular by two American economists, Gary Becker and Jacob Mincer, who used it to describe the mixture of skills, knowledge, experience, habits and personality in each of us that can be put to productive use.
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 of which represents a form of wealth available ...
Sep 17, 2023 · The human capital theory posits that human beings can increase their productive capacity through greater education and skills training.
employees, and all of the knowledge, skills, experience, etc. that they have, which makes them valuable to a company or economy: The corporation has become so valuable, not because of its fixed assets, but because of the human capital of its software engineers and programmers.
employees, and all of the knowledge, skills, experience, etc. that they have, which makes them valuable to a company or economy: The corporation has become so valuable, not because of its fixed assets, but because of the human capital of its software engineers and programmers.
