scholarly journals Human Capital in the Sustainable Development of the Regional Economy

2019 ◽  
Vol 8 (4) ◽  
pp. 3556-3561

Purpose: Consideration of the key directions of social infrastructure development affecting the formation of human capital Design / Methodology / Approach: This study uses the method of analogy and comparison, monographic and statistical methods Findings. The study indicates a strong correlation between the level of human capital formation and the healthcare system. The authors analyze and assess absolute and relative parameters of the main objects of social infrastructure suggesting several recommendations for their improvement Practical implications: The problems discussed in the article indicate an urgent need to improve the health system in rural areas Originality / value: The authors define the concept of social infrastructure, consider various approaches to its definition, and also indicate the main factors that adversely affect the reproduction of human capital

2017 ◽  
Vol 44 (3) ◽  
pp. 312-325
Author(s):  
Akira Shimada

Purpose Households suffering from poverty often rely on parental migration and/or paid child labour for survival. The purpose of this paper is to investigate the effects of parental migration on paid child labour and human capital formation in a dynamic context, explicitly taking the effects of parental migration on child’s school and home education into account. Design/methodology/approach The author utilises a mathematical method. In particular, an overlapping-generations model is built, with agents who have a two-period life. The amount of paid child labour is determined as a solution of the utility maximisation problem. Findings Contrary to intuition, parental migration possibilities do not necessarily reduce paid child labour. In addition, parental migration possibilities do not necessarily raise human capital. Moreover, a trade-off might exist between alleviating paid child labour and raising human capital under parental migration possibilities. Research limitations/implications Migration possibilities are given exogenously evenly among potential migrants by the foreign country. However, in general, they depend on potential migrants’ human capital so that migration possibilities differ across agents. Practical implications Migration is usually considered effective in alleviating poverty. However, since it does not necessarily reduce paid child labour and raise human capital, migration should be regulated in some cases as a means to escape from poverty. Originality/value This paper deals with parental migration and paid child labour in an identical dynamic model. This paper assumes that human capital is built not only by school education but also home education, the amount of which changes with the duration of parental migration.


Agriculture ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 141
Author(s):  
Marcin Surówka ◽  
Łukasz Popławski ◽  
Helena Fidlerová

The work discusses issues of the infrastructure, its instruments, and specifics of infrastructure in Polish and Slovak rural areas. The aim of this article is to analyze the level of technical infrastructure development in rural regions of the Małopolskie Voivodeship in Poland and the west part of Slovakia—Trnava self-governing region (Trnava region) as two regions with a similar position regarding regional competitiveness index. Following the topic, after identification of strengths and weaknesses of mentioned regions, the opportunities, and threats of sustainable development of infrastructure in rural areas have been analyzed using the SWOT method. The development of sustainable, reliable, and functional infrastructure does not only refer to the chosen regions of Poland and Slovakia but also other regions in the European Union. Sustainable infrastructure is a factor stimulating social and economic progress as one of the most important determinants of sustainable development and regional competitiveness. The authors notice a particular lack in the sustainable development of infrastructure in the field of water and sewerage management together with the supply of water. Therefore, this article tries to complete the gap in research focusing on the concept of a more systematic approach to technical infrastructure improvement in the context of sustainable development, and strategy of cooperation.


Author(s):  
Nopadol Rompho

Purpose The purpose of this paper is to examine the relationship between levels of human capital and financial performance of firms that use two distinct human resource management (HRM) strategies. Design/methodology/approach A survey of 128 HRM managers was conducted to assess differences in human capital between firms using different HRM strategies. A multiple regression analysis was used to investigate the relationship between firms’ human capital and financial performance. Findings The results show that companies employing a make-organic strategy have a higher level of human capital than companies employing a buy-bureaucratic strategy. There was no relationship between the level of human capital and long term financial performance of firms with both make-organic and buy-bureaucratic strategies. Research limitations/implications This research contributes toward understanding the effect of HRM strategy and facilitates an optimal strategy choice depending on the organization. However, this study did not consider the lead time between changes in human capital and the effect on financial performance. Practical implications The research encourages firm managers to understand the value of human capital, preparing them for changes in the future. Originality/value This study is among the first to investigate the relationship between human capital and financial performance considering different HRM strategies.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noorliza Karia

PurposeBesides small- and medium-sized enterprises' (SMEs) constraints, there is a lack of critical observations of the human capital model naturally inspiring themselves from within. Therefore this paper exposes the factors of emotional intelligence (EI) that make entrepreneurs gain sustainable competitiveness.Design/methodology/approachA data of self-administered survey from 397 SMEs in Malaysia was investigated using regression analysis.FindingsThe results reveal factors of EI comprised of self-confidence, self-innovation, self-inspiration and self-vision that have significant positive impacts on entrepreneurial performance. Amazingly, EI contributes almost 30% of the success, where self-vision and self-innovation are the robust EI to strengthen and sustain entrepreneurial performance. In contrast, self-confidence and self-inspiration are generic EI of human capital and easy to be applied by rivals.Research limitations/implicationsThe study provides a comparative benchmark model for SMEs, managers and entrepreneurs inspiring themselves from within that they can emulate and attain the same success. SMEs can obtain success by investing and culturing EI factors within themselves.Practical implicationsThe study provides a comparative benchmark model for SMEs and managers inspiring themselves from within and expands the theory of heterogeneous SMEs and the human capital to sustainable business and competitiveness. SMEs can obtain success through capitalizing human capital attributes within themselves.Originality/valueThe study is the first providing the viable model for SMEs or entrepreneurs leading themselves from within, to their action, behaviour, decision and achievement or the performance mechanism with a benchmark model of entrepreneur EI as a booster.


2017 ◽  
Vol 9 (4) ◽  
pp. 424-432 ◽  
Author(s):  
Heather Clark ◽  
Frederic Dimanche ◽  
Rebecca Cotter ◽  
Donna Lee-Rosen

Purpose This paper aims to provide perspectives on human capital challenges for the events industry in Canada. Industry and educator perspectives are featured in two segments of the paper. Design/methodology/approach This paper provides an overview of the events sector in Canada and includes a literature review clarifying key definitions and terms. Industry and educator perspectives highlight ongoing discussions related to some of the human capital challenges identified in the paper. Findings This paper explores challenges related to human capital such as the pressures of working in the events industry and finding a work – life balance given the demands of the profession. Human capital challenges related to the preparedness of professionals and the need for continued certification and training are also discussed. A potential solution considers licensing and industry-wide certification. Consideration of the benefits and requirements of industry-wide certification and licensing is ongoing. Practical implications This paper emphasizes the need for cooperation between industry and educators to ensure that new events professionals have the necessary skills training and can recognize the need to contribute to the events industry throughout their careers. Originality/value This paper considers perspectives from education and industry and emphasizes challenges that are relevant and current for existing and future events professionals in Canada.


2017 ◽  
Vol 25 (7) ◽  
pp. 30-32

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Greater focus is the key to better HR analytics. The authors summarize their six recommendations that will ensure the efficiency and effectiveness of HR analytics. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2017 ◽  
Vol 59 (6) ◽  
pp. 939-949
Author(s):  
Bijan Bidabad ◽  
Mahshid Sherafati

Purpose This paper aims to define a set of anti-squandering guideposts to improve the sustainability and efficiency of allocating financial resources to investment projects. Design/methodology/approach A set of sustainable financing and anti-squandering measures are proposed for a better allocation of the bank’s financial resources. These measures were derived from the doctrine of “ethic economics”, humanitarian principles and Islamic teachings. Rastin banking provides a base to apply these measures. Findings A draft of the regulations for sustainable financing and anti-squandering measures was compiled for Rastin banking operations, which is briefly presented in this paper and can be used as a basis for the codification of the respective laws. Research limitations/implications Such kinds of regulations are novel and need to be deeply discussed in the first place. After adaptation, adjustment and performing the necessary modifications, the text of the law can be codified. Practical implications Banks through granting loans, credits and other financial facilities can affect the investment projects in such a way to prevent the extravagant consumption of financial resources in investment projects and consider the sustainable development guidelines. Social implications The proposed guideposts can be detailed and adopted in other countries, especially those that are inefficient in their banking and financial operations. Originality/value Wasteful allocation of financial resources leads to the wastage of resources and reduction of productivity and provides benefit neither for the people nor for the society. Hence, the present paper tries to practically solve the problem for financial operations.


2018 ◽  
Vol 19 (4) ◽  
pp. 836-855 ◽  
Author(s):  
Ajantha Velayutham ◽  
Asheq Razaur Rahman

Purpose The purpose of this paper is to empirically investigate whether an individual’s knowledge, skills and capabilities (human capital) are reflected in their compensation. Design/methodology/approach Data are drawn from university academics in the Province of Ontario, Canada, earning more than CAD$100,000 per annum. Data on academics human capital are drawn from Research Gate. The authors construct a regression analysis to examine the relationship between human capital and salary. Findings The analyses performed indicates a positive association between academic human capital and academic salaries. Research limitations/implications This study is limited in that it measures an academic’s human capital solely through their research outputs as opposed to also considering their teaching outputs. Continuing research needs to be conducted in different country contexts and using negative proxies of human capital. Practical implications This study will create awareness about the value of human capital and its contribution towards improving organisational structural capital. Social implications The study contributes to the literature on human capital in accounting and business by focussing on the economic relevance of individual level human capital. Originality/value The study contributes to the literature on human capital in accounting and business by focussing on the economic relevance of individual level human capital. It will help create awareness of the importance of valuing human capital at the individual level.


2021 ◽  
Vol 212 (09) ◽  
pp. 73-79
Author(s):  
Galina Butko ◽  
Ol'ga Saparova

Abstract. The article discusses the influence of human capital on the efficiency of the agro-industrial complex. The purpose of the study is to analyze the use and management of human capital from the standpoint of practice, the development of systems that are used to manage and develop employees of an organization. Results. The article reveals the results of the analysis of the development level of the agro-industrial complex and the state of the social infrastructure of the region as the most important conditions for the formation of human capital, functioning within a particular region. On the basis of theoretical generalizations, the analysis of statistical data, the desired dependencies and the rating of countries according to the human development index were obtained. The state and development of human capital is based on the initial data of Russian agricultural organizations for 2017–2019. As a result of the analysis, two types of models were proposed – linear and nonlinear models; correlation and regression analysis of statistical data was carried out. The main importance is the setting of the prospects for the development of human capital and, on this basis, the possibility of creating and strengthening food self-sufficiency. In the formation of human capital, the topical issue is the qualifications of specialists and its constant growth. The article presents in the most detail the results of processing the theory of statistical information on the example of correlation-regression analysis. Scientific novelty. The results obtained in the process of work have theoretical novelty and practical value, because, first of all, in the context of a pandemic, the formation of the importance of an emphasis on the progressiveness of the regulatory and legal framework and the improvement of stimulating the demand for highly qualified specialists in rural areas has been accomplished. Achieving competitive advantages is possible on the basis of sustainable development as a factor in ensuring economic stability. The structure of the process of using human capital includes progressive elements based on a balance between the increase and depletion of available resources. The results of the study confirmed the significance of the proposed indicators of human capital, however, they refuted the hypothesis of a direct relationship between the number of employees with higher education and the efficiency of the agro-industrial complex.


Sign in / Sign up

Export Citation Format

Share Document