“THE THEORY OF HUMAN CAPITAL STRUCTURE”
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Keywords

human capital, investment, economic growth, profitability direct cost, human-resource capital, managing human capital, human capital and performance, state of human capital in the world, economic outcomes

How to Cite

“THE THEORY OF HUMAN CAPITAL STRUCTURE”. (2024). Journal of Universal Science Research, 2(3), 279-286. https://universalpublishings.com/~niverta1/index.php/jusr/article/view/4976

Abstract

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 to nations and organizations to accomplish their goals. Human capital is available to generate material wealth for an economy or a private firm. In a public organization, human capital is available as a resource to provide for the public welfare. How human capital is developed and managed may be one of the most important determinants of economic and organizational performance.

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