Human capital formation by means of education

2019 ◽  
pp. 54-65
Author(s):  
Mykola Chobitko
Keyword(s):  
Human Capital ◽  
Developed Countries ◽  
Capital Formation ◽  
Educational Process ◽  
Educational Institutions ◽  
Actual State ◽  
Human Capital Formation ◽  
Theoretical Approaches ◽  
The Individual ◽  
Capital Development

Subject of research – the process of formation of human capital by means of education Formation of human capital by means of education. The purpose of writing the article is to formulate theoretical approaches that determine the role of education in the formation of human capital in Ukraine. Methodology of work – system-structural and comparative analyzes (for the formation of human capital in educational institutions); monographic (when studying the problem of human capital formation and its components in Ukraine and in developed countries of the world); socio-economic analysis (in the study of the actual state of affairs of the educational system and its material security); forecasting (prospect of development of educational potential in Ukraine and its investment). The results of the work – proposed new approaches to the process of vocational guidance, the formation of an applicant who has a clear image of the future profession, a personally oriented trajectory of training and development throughout life. It is argued that the need to increase investment in human capital development in educational institutions has been proved. Conclusions – human capital, based on the intellectual abilities and talent of the individual, as well as knowledge and practical skills acquired in the process of learning, education and practical activities is the greatest value of the state. Improving the educational process will enable us to ensure proper social and economic development. We have no other option except a scientific and educational breakthrough.

scholarly journals Does More Spending on Education Matter to Human Capital Formation? Study Case of Bengkulu Province, Indonesia

2018 ◽  
Vol 22 (1) ◽  
pp. 63
Author(s):  
Nurfitriani Nurfitriani ◽  
Romi Bhakti Hartarto
Keyword(s):  
Human Capital ◽  
Panel Data Analysis ◽  
Capital Formation ◽  
Positive Influence ◽  
Women Empowerment ◽  
Human Capital Formation ◽  
Study Case ◽  
The Government ◽  
Capital Development ◽  
Quality Infrastructure

Based on Statistics Indonesia (BPS), Indonesia will face a demographic bonus era during 2020-2035. That implies that the number of productive-age population will be higher than elderly peopleand children (dependents). This phenomenon offers an opportunity due to a lower dependencyburden. However, the situation could be catastrophic if the government is not ready to equip theproductive age population with necessary skills. The objective of this study is to determine whetheror not higher spending on education has positive influence on human capital formation in BengkuluProvince. The research used panel data analysis of ten regions in Bengkulu Province for the 2010-2014 periods. Research results showed that spending on education does not have significant impacton human capital development, while women empowerment and infrastructure have positive effecton human capital. Our results imply that more spending on education does not matter if it is notsupported by quality infrastructure that makes education facilities accessible.

scholarly journals Parental Characteristics, Supply of Schools, and Child School-enrolment in Pakistan

1991 ◽  
Vol 30 (1) ◽  
pp. 21-62 ◽  
Author(s):  
Nadeem A. Burney ◽  
Mohammad Irfan
Keyword(s):  
Human Capital ◽  
Parental Education ◽  
Critical Role ◽  
Positive Association ◽  
Capital Formation ◽  
Educational Institutions ◽  
Human Capital Formation ◽  
Child Schooling ◽  
Parental Characteristics ◽  
Male Specific

In recent yean, due to a virtual unanimity about the critical role of hmnan capital in economic development, increased efforts are being made in the developing countries to eradicate illiteracy. Despite a significant increase over time in the number of educational institutions and the government's expenditure on education in Pakistan, the performance of the education sector in terms of output has been at best meagre. This non-correspondence between the growth in the educational institutions and the resultant output implies that failure to enlist the participation of the population in education can hardly be attributed exclusively to an insufficiency of the schools. To the extent that child schooling reflects parental capacity to invest in hmnan capital formation, there is a need to reckon with factors bearing parental decision regarding child schooling. This paper investigates family's decision regarding child schooling through an assessment of the determinants of child school-enro1ment, using choice theoretic framework. The regression results are indicative of the influence of household status, both economic and social, on the propensity to invest in child schooling. A positive association between the household income, parental education, and tenurial status as land-owner bear out the importance of these factors in shaping the household's decision regarding investment in human capital formation. The study also fmds traces of the quantity-quality trade-off in family's preferences regarding the nmnber of children, and it is found to be male-specific. The most disturbing fmding of the study appears to be the predominance of the influence originating from parental education. It is this inter-generational transfer of human capital which needs more attention as it also implies that illiteracy, and hence poverty, of the parents gets transmitted to the off-spring. The analysis also brings out the fact that the labour market hiring practices serve as an important feedback to the household's human capital formation behaviour.

scholarly journals HUMAN CAPITAL FORMATION USING BUSINESS SIMULATION MODELS

2017 ◽  
Vol 4 ◽  
pp. 391
Author(s):  
Solveiga Skunčikienė ◽  
Andrius Rakickas
Keyword(s):  
Human Capital ◽  
Simulation Models ◽  
Capital Formation ◽  
Human Capital Formation ◽  
Business Simulation ◽  
Individual Level ◽  
Knowledge Formation ◽  
Modern Learning ◽  
The Subject ◽  
The Individual

The subject of the analysis in this paper is human capital formation at the individual level, applying business simulation models as a learning tool that meets requirements of the modern learning process that should include and link personal experience, encourage thinking, acquisition of new knowledge, formation of new experience and its application in analysing practical situations. The subject of the research paper: human capital formation using business simulation model. The aim of the research - to analyze the application possibilities of business simulation models for the human capital formation. To achieve the aim of the research the following tasks were set: to disclose the concept of business simulation model; to validate the applicability of business simulation models for human capital formation on the basis of empirical research. The subject of the analysis in this paper is human capital formation at the individual level, applying business simulation models as a learning tool that meets requirements of the modern learning process that should include and link personal experience, encourage thinking, acquisition of new knowledge, formation of new experience and its application in analysing practical situations. Research methods: analysis of scientific literature using operations of analysis and synthesis, comparison and systematization, questionnaire survey, and the following methods of statistical data analysis.

The impact of digitalization on human capital formation and use

2021 ◽  
pp. 8-34
Author(s):  
Maria Polozhikhina ◽  
Keyword(s):  
Human Capital ◽  
Capital Formation ◽  
Human Capital Formation ◽  
Human Capital Development ◽  
Capital Development ◽  
The Impact

The article focuses on human capital formation and evaluation. The contradictory impact of the digitalization on institutions that determine the reproduction and use of human capital is analyzed. Special attention is paid to human capital development in Russia.

scholarly journals UPBRINGING AND EDUCATION AS FACTORS OF HUMAN CAPITAL DEVELOPMENT

Adam alemi ◽  
2021 ◽  
Vol 88 (2) ◽  
pp. 18-25
Author(s):  
Ayazhan Sagikyzy ◽  
◽  
Maira Shurshitbai ◽  
Zebiniso Akhmedova ◽  
◽  
...  
Keyword(s):  
Human Capital ◽  
National Level ◽  
Social Institutions ◽  
Modern Society ◽  
Educational Process ◽  
Educational Systems ◽  
Human Capital Development ◽  
A Value ◽  
The Individual ◽  
Capital Development

The concept of human capital development has been actively developed by the UN since the end of the twentieth century, the main principle of which is to expand the opportunities of each person to realize their potencies and aspirations, to lead a healthy, full-fledged creative life. And this, in turn, is the main meaning and purpose of the socio-economic development of modern society. The criterion of social development is thus the individual. Understanding this idea at the national level has been reflected in a series of national reports on human development in Kazakhstan published in recent years. The formation of human capital involves the humanization of both the educational process, i.e., the creation of conditions aimed at the disclosure and development of the individual’s abilities, his positive self-realization. the goal of education is the need to develop a value-oriented personality. The idea of humanization contributes to the renewal of the process of education in social institutions, which should be carried out through the formation of educational systems.

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