Career Development and Human Capital Theory: Preaching the “Education Gospel”

2020 ◽  
Author(s):  
Tristram Hooley
Keyword(s):  
Human Capital ◽  
Career Development ◽  
Education System ◽  
Historical Development ◽  
Human Capital Theory ◽  
Development Education ◽  
Capital Theory ◽  
Development Interventions ◽  
The Relationship ◽  
Alternative Relationships

This chapter analyses the relationship between career development, education, and human capital theory. It argues that education lies at the heart of our understanding of how individuals develop their careers and how purposeful career development interventions can support them in this endeavour. Career development services are most evident and accessible in the education system. This relationship is not accidental but is rooted in both the historical development of the field and in the importance of human capital theory to the ideology of both education and career development. The chapter finishes by critiquing the dependence of policymakers and advocates for the field on human capital theory and by considering alternative relationships that could be built between education and career development.

scholarly journals Study of Motives of Chinese Business English Development Based on the Theory of Human Capital

2016 ◽  
Vol 10 (1) ◽  
pp. 18
Author(s):  
Ouyang Meichang ◽  
Zhu Wenzhong ◽  
Liu Dan
Keyword(s):  
Human Capital ◽  
Theoretical Foundation ◽  
Rapid Development ◽  
Human Capital Theory ◽  
Social Recognition ◽  
Business English ◽  
Capital Theory ◽  
Teaching Development ◽  
Chinese Business ◽  
The Relationship

Business English in China has evolved into a cross-disciplinary program from ESP, with more than 1000 universities having set the program of business English in bachelor, master or doctor degree levels. In general, it has undergone a rapid development and enjoyed a more and more social recognition. This paper tries to uncover the underlying motives of the quick development of the program based on the perspective of human capital theory, and find out the possible relationship between business English teaching development and human capital The results conclude that there exists the relationship between them, and the theory of human capital opens a novel theoretical foundation for the related researches.

scholarly journals The Relationship Between Postsecondary Education and Skill: Comparing Credentialism with Human Capital Theory

2004 ◽  
Vol 34 (2) ◽  
pp. 97-124 ◽  
Author(s):  
David Walters
Keyword(s):  
Human Capital ◽  
Statistical Analysis ◽  
Postsecondary Education ◽  
Past Research ◽  
Human Capital Theory ◽  
Empirical Treatment ◽  
Capital Theory ◽  
Theoretical Position ◽  
Skill Utilization ◽  
The Relationship

This paper assesses the importance of the credential requirements used by employers to attract graduates who will use their education on the job. The framework of this study is embedded within the theoretical debates between proponents of the credentialist and human capital theories of education. Past research related to these debates has focused largely on issues such as earnings, underemployment, and productivity, while less empirical treatment has focused on the issue of skill utilization. The statistical analysis suggests that there is a strong correspondence between employees' credentials and the needs of their employers. The extent to which the viability of each theoretical position depends on specific postsecondary programs is also explored.

scholarly journals Do students take the predictions of human capital theory into account? An analysis of motives behind further studies in higher education

2020 ◽  
Vol 10 (1) ◽  
pp. 74-84
Author(s):  
Hajnalka Fényes ◽  
Márta Mohácsi
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Research Question ◽  
Social Background ◽  
Wage Premium ◽  
Human Capital Theory ◽  
Minor Importance ◽  
Capital Theory ◽  
Social And Cultural Capital ◽  
The Relationship

AbstractIn this paper, we seek to answer the research question as to whether students take into account the predictions of human capital theory (namely the higher wages associated with further studies) in their decision to participate in higher education. Our alternative research question is whether students can be described by Bourdieu's theory on capital conversion, that is, whether they aim to accumulate cultural and social capital during their studies, which can also be profitable for them in the future. Our research method is quantitative: we use cluster analysis to examine the motives behind further studies and employ cross tabulation and variance analysis to reveal the relationship between clusters and social background variables. We find that the wage premium associated with further studies is not the most important motive among students; it holds only minor importance even for those from a disadvantaged social background. The results suggest that students in secondary schools, especially talented but underprivileged ones, should be motivated to enter higher education by informing them about the potential wage premium they can attain if they study further. Importantly, we also find that underprivileged students may be unaware of the fact that higher education is an efficient mechanism to accumulate social and cultural capital, which then can be converted into economic capital.

Entrepreneurship education programme, passion and attitude towards self-employment

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Akuraun Shadrach Iyortsuun ◽  
Meshach G. Goyit ◽  
Reuel J. Dakung
Keyword(s):  
Human Capital ◽  
Entrepreneurship Education ◽  
Education Programme ◽  
Human Capital Theory ◽  
Dual Model ◽  
Capital Theory ◽  
Content Type ◽  
Mediating Role ◽  
Self Employment ◽  
The Relationship

Purpose Drawing on the human capital theory and the dual model of passion, this study aims to explore the mediating role of passion on the relationship between entrepreneurship education programme and students’ attitude towards self-employment (SE). Design/methodology/approach The proposed research framework was tested on a sample of 445 higher education students in four universities in North-Central Nigeria. Findings The results indicated that learning and inspiration account for the variation in students’ attitude towards SE. Furthermore, the study revealed that harmonious and obsessive passion largely mediate the relationship between entrepreneurship education programme and attitude towards SE. Practical implications The policy implication is the scaling of policies targeted at encouraging the development of passion given its significant role in the entrepreneurship education programme and attitude towards SE link. Originality/value The study has established the importance of human capital theory in explaining the attitude towards SE phenomenon using a multi-theoretical approach and has advanced the theoretical field of affect and its relevance in the field of entrepreneurship.

scholarly journals CEOs’ International Work Experience and Compensation

2021 ◽  
Author(s):  
Stefan Schmid ◽  
Sebastian Baldermann
Keyword(s):  
Human Capital ◽  
Empirical Analysis ◽  
Work Experience ◽  
Resource Dependence ◽  
Human Capital Theory ◽  
Work Experiences ◽  
Capital Theory ◽  
International Work ◽  
Executive Remuneration ◽  
To Receive

AbstractIn this paper, we study the effect a CEO’s international work experience has on his or her compensation. By combining human capital theory with a resource dependence and a resource-based perspective, we argue that international work experience translates into higher pay. We also suggest that international work experience comprises several dimensions that affect CEO compensation: duration, timing and breadth of stays abroad. With data from Europe’s largest stock market firms, we provide evidence that the longer the international work experiences and the more numerous they are, the higher a CEO’s compensation. While, based on our theoretical arguments, we expect to find that later international work experiences pay off for CEOs, our empirical analysis shows that earlier international work experiences are particularly valuable in terms of compensation. In addition, our data support the argument that maturity allows a CEO to take advantage of the skills, knowledge and competencies obtained via international experience—and to receive a higher payoff. With our study, we improve the understanding of how different facets of a CEO’s background shape executive remuneration.

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