Human capital theory
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Analysing micro-credentials in higher education: a Bernsteinian analysis Open
This paper critiques the emergence of micro-credentials in higher education. It argues that micro-credentials build on the discourse of employability skills and 21st century skills within human capital theory, and that they increase the po…
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Employability Capital: A Conceptual Framework Tested Through Expert Analysis Open
Previous research attempted to identify personal resources that promote employability, that is, an individual’s chance to find and maintain employment. This has resulted in a large number of different personal resources, which are not alwa…
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Generic and Specific Skills as Components of Human Capital: New Challenges for Education Theory and Practice Open
Human capital theory in recent decades has become the basis for educational policy in many developed countries. Expert discussions, however, often undervalue research findings and developments related to this theory that since the 1970s ha…
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The career competencies of self-initiated and assigned expatriates: assessing the development of career capital over time Open
Building on a modern careers approach, we assess the effects of working abroad on individuals’ career capital. Given the dearth of longitudinal studies, we return to a sample of economics graduates in Finland eight years later. We measure …
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Role of Employer Branding Dimensions on Employee Retention: Evidence from Educational Sector Open
Owing to a “War for Talent” every organization is struggling for the best employer status. Thus, attracting, recruiting and retaining talented human capital is the primary focus of every organization. In this regard the aim of the present …
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Employment After Retirement: A Review and Framework for Future Research Open
Retirement was once considered an exit from full-time work into full-time leisure. Research evidence indicates, however, that a growing number of retirees are reentering the labor force. Although a number of reviews have been conducted on …
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The Trouble with Human Capital Theory Open
Human capital theory is the dominant approach for understanding personal income distribution. According to this theory, individual income is the result of ‘human capital’. The idea is that human capital makes people more productive, which …
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A quantitative theory of the gender gap in wages Open
This paper measures how much of the gender wage gap over the life cycle is due to the fact that working hours are lower for women than for men. We build a quantitative theory of fertility, labor supply, and human capital accumulation decis…
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A Historical Review of the Role of Education: From Human Capital to Human Capabilities Open
Human capital theory is the dominant theory of education in economics. Earlier writers such as Adam Smith, John Stuart Mill and Alfred Marshall highlighted a variety of roles for education, but human capital theory, which was formalised in…
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Factors that Influence Financial Literacy: A Conceptual Framework Open
Development of financial management theory developed rapidly; forming branches roots. Start with Value of the firm theory, capital structure theory up to investment theory. Investment theory; behavioural finance is relatively new field tha…
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Why recruit temporary sponsored skilled migrants? A human capital theory analysis of employer motivations in Australia Open
This article uses human capital theory to analyse employer motivations for recruiting skilled migrants on temporary sponsored visas, a group receiving limited attention within human resource management (HRM) scholarship despite being an in…
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The human development and capability approach: A counter theory to human capital discourse in promoting low SES students’ agency in education Open
This discursive article discusses some of the inherent and durable problems associated with human capital discourses in education. While human capital is regarded as a core element in ensuring international competitiveness, this discourse …
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Analyses Based on Theory of Capital Based Approach on Indonesian Graduate Employability Open
The employability of graduates is of global concern. This is one of the most important difficulties in ensuring a smooth transition of graduates from education to industry. Therefore, there are ongoing discussions in many countries about h…
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The effects of skin tone, height, and gender on earnings Open
Using a theoretical approach grounded in implicit bias and stereotyping theories, this study examines the relationship between observable physical characteristics (skin tone, height, and gender) and earnings, as measured by income. Combini…
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Human Capital Theory and Internal Migration: Do Average Outcomes Distort Our View of Migrant Motives? Open
By modelling the distribution of percentage income gains for movers in Sweden, using multinomial logistic regression, this paper shows that those receiving large pecuniary returns from migration are primarily those moving to the larger met…
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Entrepreneurial growth aspirations at re-entry after failure Open
Purpose Utilising the Theory of Planned Behaviour as the conceptual framework, the authors argue that entrepreneurial financial failure enhances entrepreneurial growth aspirations for the subsequent start-up projects. Furthermore, this eff…
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Determinants of Salary Dispersion among Political Science Faculty: The Differential Effects of Where You Work (Institutional Characteristics) and What You Do (Negotiate and Publish) Open
We evaluate hypotheses about human capital and structural theory-based predictors of variation in academic salaries. We use standard statistical models to explore differences in salary among full-time political science faculty, while also …
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Health State of Human Capital in the Economic Theory Open
The importance of human capital for economic well-being is historic. Theories show that people's development is the basis for the sustainable growth of the economy. The state of health of the population has always influenced the economic s…
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The Application of Human Capital Theory and Educational Signalling Theory to Explain Parental Influences on the Chinese Population’s Social Mobility Opportunities Open
Existing studies argue life chances are, in part, vertically reproduced. Such a statement is applicable to the Chinese contexts as, but not limited to, parental hukou status, to some extent, determines the life chances their children recei…
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Work-Related Learning and Skill Development in Europe: Does Initial Skill Mismatch Matter? Open
This paper provides more insight into the assumption of human capital theory that the productivity of job-related training is driven by the improvement of workers’ skills. We analyze the extent to which training and informal learning on th…
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How human capital, universities of excellence, third party funding, mobility and gender explain productivity in German political science Open
Using a unique panel dataset of virtually all German academic political scientists, we show that researchers become much more productive due to the accumulation of human capital and third party funding. We also show however, that while uni…
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Teacher attrition: Human capital and terms of employment – Do they matter? Open
Addressing Sorensen and Tuma's resource–reward theory, we explored teacher attrition from an economic perspective. The study aimed to explore the extent to which teachers' resources and terms of employment correlate with attrition behavior…
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Top managers' career variety and time to the top Open
The present paper brings novel insights to career literature, in particular to the field of top managers' careers: first, by relying on the boundaryless career approach, we investigate how those managers who reach the top differ in terms o…
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Graduate employability and employment Open
Perhaps the most prominent and promoted of the contributions of higher education are in the domain of graduate employability and employment. The chapter discusses the historical and theoretical underpinnings of current policy and scholarly…
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How theory can help to understand the potential impact of food environment policies on socioeconomic inequalities in diet: an application of Bourdieu’s capital theory and the scarcity theory Open
Government policies that promote healthy food environments are considered promising to reduce socioeconomic inequalities in diet. Empirical evidence of effects on these inequalities, however, is relatively scarce and, with a few exceptions…
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Career Booster or Dead End? Entrepreneurial Failure and Its Consequences for Subsequent Corporate Careers Open
Human capital theory establishes that the human capital gained in prior work experience, such as in traditional corporations, is associated with subsequent entrepreneurial success. However, this perspective does not accommodate increasingl…
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Skill Endowment Through Vocational Education and Training Programmes and Early Career Mobility Open
This article addresses inequalities in short‐ and medium‐term career outcomes of workers with different vocational education and training (VET) programmes during the early career. In particular, we examine how the degree of vocational spec…
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From Educational Failure to Social Success Open
The article presents an analysis of educational failure of Russian students, as well as the resources needed to solve it. The urgency of the problem is revealed. Methodological approaches to its sociological research are substantiated. Amo…
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Merit Sticks to Men: Gender Pay Gaps and (In)equality at UK Russell Group Universities Open
Academic studies of gender pay gaps within higher education institutions have consistently found pay differences. However, theory on how organisation-level factors contribute to pay gaps is underdeveloped. Using a framework of relational i…
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Competitive Familiarity: Learning to Coordinate by Competing Open
This paper develops and tests a theory of organizational learning, proposing that prior competitive interaction improves coordination among teammates. We test the theory using millions of experiments in the formation of eSports teams. The …