human capital

Melbourne wins Major Cities Top 10 Human Capital and Lifestyle Award

Melbourne has been recognised as the top Major City in Human Capital and Lifestyle, according to the fDi Intelligence Global Cities of The Future 14/15 study. Cities in the study were categorised according to population and, as a Major City, Melbourne was awarded the top position in cities with populations less than 10 million. As winner of the Human Capital and Lifestyle category, Melbourne scored high results in categories such as; literacy rate, education expenditure, health, quality of life, percentage of population as labour force, number of students and numerous other indicators.




human capital

Micro-Foundations of Firm-Specific Human Capital: When Do Employees Perceive Their Skills to be Firm-Specific?

Drawing on human capital theory, strategy scholars have emphasized firm-specific human capital as a source of sustained competitive advantage. In this study, we begin to unpack the micro-foundations of firm-specific human capital by theoretically and empirically exploring when employees perceive their skills to be firm-specific. We first develop theoretical arguments and hypotheses based on the extant strategy literature, which implicitly assumes information efficiency and unbiased perceptions of firm-specificity. We then relax these assumptions and develop alternative hypotheses rooted in the cognitive psychology literature, which highlights biases in human judgment. We test our hypotheses using two data sources from Korea and the United States. Surprisingly, our results support the hypotheses based on cognitive bias - a stark contrast to the expectations embedded within the strategy literature. Specifically, we find organizational commitment and, to some extent, tenure are negatively related to employee perceptions of the firm-specificity. We also find that employer provided on-the-job training was unrelated to perceived firm-specificity. These findings suggest that firm-specific human capital, as perceived by employees, may drive behavior in ways not anticipated by existing theory - for example, with respect to investments in skills or turnover decisions. This, in turn, may challenge the assumed relationship between firm-specific human capital and sustained competitive advantage. More broadly, our findings may suggest a need to reconsider other theories, such as transaction cost economics, that draw heavily on the notion of firm-specificity and implicitly assume widely shared and unbiased perceptions.




human capital

Third Party Employment Branding: Human Capital Inflows and Outflows Following 'Best Places to Work' Certifications

"Best Places to Work" (BPTW) and similar competitions are a proliferating form of third party employment branding. Little is known, however, about how single or repeated third party employment branding occurrences relate to key human capital outcomes. Extending signaling theory by considering signal credibility and comparability, we use archival and survey data from 624 BPTW participants in sixteen competitions across a three-year period to develop and test hypotheses linking BPTW certifications to collective turnover rates and key informant perceptions of applicant pool quality. We find that certifications are associated with lower turnover rates, and in addition, propose competing crystallization and celebrity hypotheses that model turnover trajectories with repeated certifications, finding diminishing marginal turnover reductions across multiple certifications. We also examine company size and industry job opening moderators, finding that as certifications increase, applicant pool quality is (1) higher in smaller companies and (2) higher when job openings are scarcer. Finally, beyond being certified or not, we find supplemental evidence for effects of the specific certification level achieved (e.g., 2nd versus 15th). This investigation advances theory related to collective turnover, applicant pool quality, and employment branding, and is relevant to company decisions about seeking or re-seeking third party certifications.




human capital

At Interior, human capital data drives people and mission

The Interior Department's focus on human capital data analysis is born out of an effort to strategically align and support priorities of the department. Interior's diverse mission to protect and manage federal lands and natural resources doesn't get done without its people.

The post At Interior, human capital data drives people and mission first appeared on Federal News Network.




human capital

US State Dept. Selects East-West Center for 'All of America' Human Capital Development Project on Southeast Asia and the Pacific

US State Dept. Selects East-West Center for 'All of America' Human Capital Development Project on Southeast Asia and the Pacific US State Dept. Selects East-West Center for 'All of America' Human Capital Development Project on Southeast Asia and the Pacific
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human capital

Secondary Education for Human Capital Competitiveness Project

The Secondary Education for Human Capital Competitiveness Project will support priorities of phase 2 of Cambodia's Secondary Education Blueprint 2030. The project's impact is aligned with the vision of the Ministry of Education, Youth, and Sport (MOEYS) and the government's strategy, which highlight the importance of high-quality human resources to develop a knowledge-based society.2 The outcome will be effectiveness of a gender-inclusive upper secondary education system improved.




human capital

Youth labor force participation, education, and human capital in Asia, by gender, 1990-2019 [electronic resource] / Barbara M. Fraumeni

Cambridge, Mass. : National Bureau of Economic Research, 2023




human capital

Technology Boom, Labor Reallocation, and Human Capital Depreciation [electronic journal].




human capital

Nepotism vs. Intergenerational Transmission of Human Capital in Academia (1088--1800) [electronic journal].




human capital

Misallocation of Talent and Human Capital: Political Economy Analysis [electronic journal].




human capital

The Lost Human Capital: Teacher Knowledge and Student Learning in Africa [electronic journal].




human capital

Islam and Human Capital in Historical Spain [electronic journal].




human capital

The Human Capital Stock: A Generalized Approach. Comment [electronic journal].




human capital

Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines [electronic journal].




human capital

Forced Migration and Human Capital: Evidence from Post-WWII Population Transfers [electronic journal].

National Bureau of Economic Research




human capital

Driven by Institutions, Shaped by Culture: Human Capital and the Secularization of Marriage in Italy [electronic journal].




human capital

Dinner Table Human Capital and Entrepreneurship [electronic journal].

National Bureau of Economic Research




human capital

Building human capital through labor migration in Asia

This report summarizes major policy and practical issues discussed by international and Asian experts at the 4th Roundtable on Labour Migration (ADBI/OECD/ILO, Tokyo, 27-28 January 2014). The report outlines the trends in labor migration within Asia and between Asia and some OECD countries. It reviews the links between migration and human capital development and presents the impact of migration on family members "left behind".




human capital

Skills for growth: human capital composition and economic performance

Skills for growth: human capital composition and economic performance




human capital

Russia’s human capital challenge

To pursue economic growth, Russia must develop its human capital, which requires structural reforms in education, healthcare and pensions. These, in turn, must respond to major trends in service provision, including the increasing role of individual choice, the need to deliver lifelong learning and healthcare, and the risk that Russians will increasingly buy services abroad, rather than work to develop their own national systems.




human capital

Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth

The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.




human capital

FilmWeek: Streaming Edition -- ‘Human Capital,’ ‘The Platform,’ ‘Crip Camp’ and more

Alex Wolff in Human Capital.; Credit: Vertical Entertainment/Human Capital (2019)

FilmWeek®

Larry Mantle and KPCC film critics Lael Loewenstein, Claudia Puig and Tim Cogshell review this weekend’s new (streaming and VOD) movie releases.

​CORRECTION: The film Human Capital is available on all on-demand platforms as of March 20th.

Guests:

Claudia Puig, film critic for KPCC and president of the Los Angeles Film Critics Association (LAFCA); she tweets @ClaudiaPuig

Lael Loewenstein, KPCC film critic and film columnist for the Santa Monica Daily Press; she tweets @LAELLO

Tim Cogshell, film critic for KPCC, Alt-Film Guide and CineGods.com; he tweets @CinemaInMind

 

This content is from Southern California Public Radio. View the original story at SCPR.org.




human capital

The Science of Human Capital

John Boudreau, USC Marshall School of Business professor and coauthor of "Beyond HR: The New Science of Human Capital."




human capital

The New Science of Human Capital

John Boudreau, USC Marshall School of Business professor and coauthor of "Beyond HR: The New Science of Human Capital."




human capital

Chris Hedges argues that corporate commodification of our natural resources and human capital will continue unabated. Transcript and video.

"And you know, we have to stop looking beyond this election cycle and see that this corporate driven ideology, you know, this commodification of the culture, this constant extracting of blood from us as citizens to pay what in essence were private debts of the banks which engaged in casino capitalism, has political consequences. History has taught us that. And Hillary Clinton is only going to further that process." Continue reading




human capital

Reaching a “Fair Deal” on Talent: Emigration, Circulation, and Human Capital in Countries of Origin

While skilled migration brings widely acknowledged economic benefits for destination countries and migrants, its impact on countries of origin has been the subject of more debate. Despite a growing consensus that origin countries can benefit from emigration and the circulation of skills, enabling this potential to be fully exploited remains a challenge. This report examines initiatives that develop skills and human capital.




human capital

New Brain Gain: Rising Human Capital among Recent Immigrants to the United States

Nearly half of immigrant adults arriving in the U.S. since 2011 have a college degree—a far higher share than a quarter-century ago, when just 27 percent did. This striking but little noted shift in the composition of recent immigrant flows, driven in part by rising migration from Asia, comes as some policymakers press for a "merit-based" immigration system. This fact sheet examines rising human capital at U.S. and state levels.




human capital

Asian Development Conference 2020: Demographic Change and Human Capital in Asia

ADB invites papers for the Asian Development Conference 2020 to be held 16-17 July 2020 in Seoul, Korea.




human capital

Support for Human Capital Development Initiative

Approved project 54061-001 in Sri Lanka.




human capital

Chongqing Innovation and Human Capital Development Project

Approved project 50222-002 in China, People's Republic of.




human capital

The Quiet Revolution in Women’s Human Capital and the Gender Earnings Gap in the People’s Republic of China

Labor market discrimination is the main barrier to narrowing the gender earnings gap in the People’s Republic of China.




human capital

Taking the long view: Budgeting for investments in human capital


Tomorrow, President Obama unveils his last budget, and we’re sure to see plenty of proposals for spending on education and skills. In the past, the Administration has focused on investments in early childhood education, community colleges, and infrastructure and research. From a budgetary standpoint, the problem with these investments is how to capture their benefits as well as their costs.

Show me the evidence

First step: find out what works. The Obama Administration has been emphatic about the need for solid evidence in deciding what to fund. The good news is that we now have quite a lot of it, showing that investing in human capital from early education through college can make a difference. Not all programs are successful, of course, and we are still learning what works and what doesn’t. But we know enough to conclude that investing in a variety of health, education, and mobility programs can positively affect education, employment, and earnings in adulthood.

Solid investments in human capital

For example:

1. Young, low-income children whose families move to better neighborhoods using housing vouchers see a 31 percent increase in earnings;

2. Quality early childhood and school reform programs can raise lifetime income per child by an average of about $200,000, for at an upfront cost of about $20,000;

3. Boosting college completion rates, for instance via the Accelerated Study in Associate Programs (ASAP) in the City University of New York, leads to higher earnings.

Underinvesting in human capital?

If such estimates are correct (and we recognize there are uncertainties), policymakers are probably underinvesting in such programs because they are looking at the short-term costs but not at longer-term benefits and budget savings.

First, the CBO’s standard practice is to use a 10-year budget window, which means long-range effects are often ignored. Second, although the CBO does try to take into account behavioral responses, such as increased take-up rates of a program, or improved productivity and earnings, it often lacks the research needed to make such estimates. Third, the usual assumption is that the rate of return on public investments in human capital is less than that for private investment. This is now questionable, especially given low interest rates.

Dynamic scoring for human capital investments?

A hot topic in budget politics right now is so-called “dynamic scoring.” This means incorporating macroeconomic effects, such as an increase in the labor force or productivity gains, into cost estimates. In 2015, the House adopted a rule requiring such scoring, when practicable, for major legislation. But appropriations bills are excluded, and quantitative analyses are restricted to the existing 10-year budget window.

The interest in dynamic scoring is currently strongest among politicians pushing major tax bills, on the grounds that tax cuts could boost growth. But the principles behind dynamic scoring apply equally to improvements in productivity that could result from proposals to subsidize college education, for example—as proposed by both Senator Sanders and Secretary Clinton. Of course, it is tough to estimate the value of these potential benefits. But it is worth asking whether current budget rules lead to myopia in our assessments of what such investments might accomplish, and thus to an over-statement of their “true” cost.

Image Source: © Jonathan Ernst / Reuters
     
 
 




human capital

Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




human capital

Russia’s human capital challenge

To pursue economic growth, Russia must develop its human capital, which requires structural reforms in education, healthcare and pensions. These, in turn, must respond to major trends in service provision, including the increasing role of individual choice, the need to deliver lifelong learning and healthcare, and the risk that Russians will increasingly buy services abroad, rather than work to develop their own national systems.




human capital

Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




human capital

Economy: Canada needs to boost innovation and human capital to sustain living standards

Canada has weathered the global economic crisis comparatively well but will have to become more productive to sustain its high standard of living, according to OECD’s latest Economic Survey of Canada.




human capital

Indonesia should accelerate reforms and invest in human capital to ensure sustainable and inclusive growth

The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.




human capital

Swedish economy resilient but needs to focus on productivity and human capital to keep its edge

The Swedish economy has been among the most resilient in Europe, despite the slow global recovery and high uncertainty, but challenges remain if it is to maintain high growth and well-being and extend prosperity to all, according to the latest OECD Economic Survey of Sweden.




human capital

Human Capital is an engineering talent agency and a VC fund all in one

Michael Ovitz didn’t invent the idea of a talent agency, but one might argue that he perfected it. He founded the CAA in 1975, and grew it into the world’s leading talent agency, serving as chairman for 20 years. Now, Ovitz is investing in a brand new type of talent agency called Human Capital. Human […]




human capital

Human capital and economic growth : the impact of health, education and demographic change [Electronic book] / Alberto Bucci, Klaus Prettner, Alexia Prskawetz, editors.

Cham, Switzerland : Palgrave Macmillan, [2019]




human capital

Like a thief in broad daylight: power in the era of post-human capitalism / Slavoj Žižek

Dewey Library - HN49.P6 Z59 2019




human capital

High-impact human capital strategy [electronic resource] : addressing the 12 major challenges today's organizations face / Jack J. Phillips and Patricia Pulliam Phillips

Phillips, Jack J., 1945-




human capital

Making human capital analytics work [electronic resource] : measuring the ROI of human capital processes and outcomes / Patricia Pulliam Phillips, PhD, President and CEO, ROI Institute, Jack J. Phillips, PhD, Chairman, ROI Institute

Phillips, Patricia Pulliam, author




human capital

People CMM [electronic resource] : a framework for human capital management / Bill Curtis, William E. Hefley, Sally A. Miller

Curtis, Bill, Dr




human capital

Human Capital Systems, Analytics, and Data Mining / by Robert C. Hughes

Online Resource




human capital

Competing for and with human capital: it is not just for HR anymore / by J. Stewart Black

Dewey Library - HD4904.7.B533 2019




human capital

CRS Employment Opportunities: Human Capital Management Specialist

CRS is accepting applications for two Human Capital Management Specialists, GS-11 until January 10, 2020.

Click here for more information.




human capital

Amsterdam Human Capital.

Online Resource