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human capital
Sign in to saveAlso known as HC
knowledge, skills, training and similar concepts, in economics
In the Vinony graph
Within Vinony's link graph, human capital is referenced by 677 other articles, and connects out to economics, human resource management and labour economics.
It sits within the topics Education economics, Human capital flight from Iran and Human resource management.
Its subject is documented across 48 Wikipedia language editions.
Wikidata facts
- Instance of
- intangible asset
- Subclass of
- human resources
Show 5 more facts
- Commons category
- Human capital
- named by
- Irving Fisher
- significant person
- Theodore Schultz
- influenced by
- Rudolf Goldscheid
- different from
- human resources
via Wikidata · CC0
~27 min read
Encyclopedic overview
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process in business or trade. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that investments in human capital generate high economic returns throughout childhood and young adulthood.
Companies can invest in human capital; for example, through education and training, improving levels of quality and production.
Excerpted from Wikipedia’s “human capital” article, available under the CC BY-SA 4.0 licence.