scholarly journals Impact of Human Capital Development on Small and Medium Scale Enterprise in Some Selected Firms in Ananmbra State

Author(s):  
Anugwu Clara Chika ◽  
Nwosu Kanayo Chike

This study examine the effects of human capital development in Small and Medium-Scale Enterprises (SMEs) and entrepreneurship performance and improvement in some selected SME firms in Anambra State. Descriptive survey design was used in the study. The total population of the study was 270. Findings revealed that human capital development helps in improving the performance of firms through training of employees fro greater performance of SMEs; developing efficiency of the SMEs; influencing the proactiveness of the employees; enhancing the flexibility of the employees; and improving service delivery of the employees. This study recommended that firms should develop human capital development so as to avoid stagnation of the skills of the employee. The study further recommended that firms should utilize human capital development so that it would not affect the quality of service delivery of SMEs.

Author(s):  
Monday Otali ◽  
Michael G. Oladokun ◽  
Paul Anih

AbstractThe need to address the problems facing the natural environment and social economic development cannot be overemphasised. The aim of the study was to assess the influence of firm size on the level of implementation of sustainability practices in Niger Delta, Nigeria. Survey design approach was used in the study. Data were obtained through interviews and one thousand one hundred and seventy-nine copies of structured questionnaire administered to representatives of the firms by researchers and research assistants. The methods of data analysis were simple percentage and Spearman’s rank correlation. The result showed that small firms accounted for 84.7 %, medium-sized firms accounted for 11.61 % and large construction firms accounted for 3.73 %. Thus, a majority of firms are small and medium-sized construction companies in Niger Delta. The study revealed that the firm size influenced the level of implementation of firm sustainability practices in the study area. It was concluded that the size of firms had a significant influence on the level of adoption of sustainability practices among the construction firms operating in Niger Delta. It was also concluded that small and medium-sized construction firms recorded poor capacity building and human capital development. The study recommended that small and medium-sized construction firms operating in Niger Delta should improve their level of capacity building and human capital development.


2020 ◽  
Vol 74 ◽  
pp. 02004
Author(s):  
Nail Gabdullin

The national economy is as competitive as its human capital is effectively capitalized in modern hypercompetitive global markets. The world digital technologies contribute to the globalization of the economy and accelerate the accumulation of human capital by digitizing jobs, providing the population and households with electronic services and data mining technologies. The article analyzes the structure of multivariate data on the factors of human capital development, e-education and the use of ICT by households in Russian regions. The average annual values of the relevant factors of monitoring the development of the information society in the Russian Federation for the period from 2010 to 2017 were selected as factors of each object of analysis. The reliability of the research results is ensured by applying standardization and rationing of the initial matrix of factors, reducing the dimension of the normalized matrix of factors using the PCA method, cluster analysis using the method of EM-maximizing expectations and the hierarchical clustering method. The author has built a rating of regional clusters of the Russian Federation, differing in the quality of human capital depending on the development of electronic infrastructure, availability of digital resources and the features of the social environment.


2015 ◽  
Vol 61 (2) ◽  
pp. 92
Author(s):  
Latif Adam ◽  
Siwage Dharma Negara

AbstractDespite Indonesia’s impressive economic growth, it still lags behind other countries with a similar income level in terms of the quality of its human capital. This paper argues that one key factor explaining this low quality of human capital relates to the lack of focus and clear strategies to develop its education system. This paper attempts to assess Indonesia’s current state of human capital development with particular focus on its education sector. In order to benefit from its demographic bonus, Indonesia needs to to improve its current education and skill training system. Better education and skill training system will support the country’s effort to reduce poverty and youth unemployment. The effectiveness of public spending in education should be improved to raise the quality of education. Indonesia needs to integrate its human capital development plan with its economic master plan.Keywords: Human Capital; Poverty; Unemployment; Education; DevelopmentAbstrakMeskipun mencatatkan pertumbuhan ekonomi yang mengagumkan, kualitas sumber daya manusia Indonesia masih tertinggal dibandingkan negara lain dengan tingkat penghasilan setara. Tulisan ini berpendapat bahwa faktor kunci yang menjelaskan rendahnya kualitas sumber daya manusia berhubungan dengan ketiadaan strategi yang terfokus dan jelas untuk mengembangkan sistem pendidikan Indonesia. Tulisan ini menilai kondisi kekinian dari pengembangan sumber daya manusia Indonesia dengan fokus khusus pada sektor pendidikan. Agar dapat mengoptimalkan manfaat dari bonus demografi, Indonesia perlu membenahi sistem pendidikan dan pelatihan keterampilan. Sistem pendidikan dan pelatihan keterampilan yang lebih baik akan menunjang upaya pengentasan kemiskinan dan pengurangan pengangguran muda. Efektivitas pengeluaran pemerintah di sektor pendidikan perlu ditingkatkan guna meningkatkan kualitas pendidikan. Indonesia perlu mengintegrasikan rencana pembangunan sumber daya manusia dengan master plan perekonomian.Kata kunci: Sumber Daya Manusia; Kemiskinan; Pengangguran; Pendidikan; PembangunanJEL classifications: I25; O15


2018 ◽  
Vol 1 (1) ◽  
pp. p136
Author(s):  
Joseph Oluremi OLUBITAN

More and more Small and Medium scale Enterprises (SMEs) in Nigeria are failing before they enter into their second year of operation and those that continue to operate are not seizing the opportunities of taking their businesses to the global market. Though they have the desires and zeal to be enterprising, lack of adequate human capital development through training and skill acquisition continue to be a high priority bottleneck that delimits the exporting potentials of SMEs in Nigeria. This study looked into the level of education of SMEs operators in Nigeria and their performance at the international market. It investigated the correlation and effect of education on the exporting potential of SMEs in Nigeria. Education was discovered to play a vital part in the exporting potential of SMEs as it had a high significant effect on both export (at P value of 0.001) and export sales of SMEs (at P value of 0.000).


2020 ◽  
pp. 32-36
Author(s):  
T. G. Grinenko

The article shows that the activities of the State in the field of social support and social protection are aimed at addressing the needs of the lower levels of Maslow’s pyramid of motivation: physiological needs, the needs of a safe existence. Currently, we are fighting poverty, while we need to create conditions for the formation of an active life position of citizens, which is aimed at the development of the human capital of the country, on the quality of which the successes of modern society depend. This task is achieved by forming motivations of the highest levels of the pyramid: the need for social contacts, self-affirmation and self-expression. The development of the Concept and Program for Human Capital Development would allow to coordinate and link all activities of a socio-economic nature, both already being implemented in the country and formulated in the Address of the President to the Federal Assembly on January 15, 2020.


2016 ◽  
Vol 3 (2) ◽  
pp. 53-60 ◽  
Author(s):  
Alim Al Ayub Ahmed ◽  
A. B. M. Asadullah ◽  
Md. Mostafijur Rahman

The purpose of the study was to find out whether human capital development influences the quality of financial reporting of NGOs. The specific objectives of the study were to determine the relationship between human capital development and the quality of financial reporting, examine the relationship between human resource practices and the quality of financial reporting, examine the relationship between human capital development and human resource policy and examine if human resource practices moderate/ mediate the relationship between human capital development and the quality of financial reporting. The study adopted a cross-sectional parallel survey design with quantitative techniques and employed self-administered questionnaires to 60 respondents.  The research data was coded and analyzed using the Statistical Package for Social Sciences (SPSS) version 20 to establish the statistical inferences. The Pearson correlation test reported that human capital development has a positive significant relationship with the quality of financial reporting (r = .551, p< .01; two tailed). The study concluded that education, skills, knowledge, experience, interest and values were significantly positively related with financial reporting quality (r = .503, p < .01; r = .407, p < .01; r = .518, p < .01; r = .213, p < .10 and r = .476, p < .01 respectively). Furthermore, personality positively relates to financial reporting quality (r = .165, p>0.10). Some recommendations were then formulated thus: Organizations should encourage and support their accounting staff to attain professional qualifications. The staff should strive to attain membership of professional accounting bodies. The staff should also be motivated as well as regularly trained on job. Management should observe strict adherence to accounting and financial manuals. Organizations should also reinforce workplace policies as well as review their current accounting systems to identify gaps and then put in place steps to fill those gaps.  


ICR Journal ◽  
2009 ◽  
Vol 1 (2) ◽  
pp. 292-302
Author(s):  
Mohamed Aslam Haneef

Islamic Banking and Finance (IBF), both in theory and practice, has made great strides over the last 40 years. However, it is not spared from criticism, much of it relating to issues of ‘Islamicity’ and ‘originality’ of mainly IBF practice. One major reason underlying these issues relates to the quality of human resources related to IBF. This article first presents some of the tensions that exist in contemporary IBF. These tensions include debates within the theoretical discourse regarding preferred instruments in IBF. The article also highlights some problems that occur due to the divergence between the theory of IBF and with its practice, leading to a general perception that IBF merely duplicates conventional finance rather than offering any true alternative. The article argues that to resolve these tensions, greater emphasis must be placed on creating qualified human capital at all levels of the IBF discipline and industry. In addition, IBF would be better served if Islam and its shari’ah were viewed as a civilisational framework, rather than a narrow fiqh/law focus. Having a civilisational understanding of Islam, its shari’ah and the Islamic heritage on the one hand, as well as a genuine understanding of modern economics and finance on the other, are necessary pre-requisites to enable IBF to play its role in serving the ummah more effectively in the twenty-first century. Genuine Islamisation of knowledge would produce the human capital desired.


Upravlenie ◽  
2016 ◽  
Vol 4 (4) ◽  
pp. 16-20
Author(s):  
Антонов ◽  
Sergey Antonov

This paper analyzes theoretical justifications of the human capital development process and observed effects. The author looks at dependence between financing and level of human capital development, defines reproduction and implementation models, and takes an attempt to define basic elements, key questions and problems of the human capital reproduction and development models. Actualizing more in-depth study of a social capital and quality of life area, at the same time, as the main problem lying in the basis of the human capital development is determination of the balancing principles of social and economic parameters.


2014 ◽  
Vol 2 (3) ◽  
pp. 125 ◽  
Author(s):  
Chinyeaka Igbokwe-Ibeto ◽  
Emma Chukwuemeka ◽  
Elizabeth Okechukwu

Within the framework of bureaucratic and human capital theories, an eclectic approach, the study examines the nexus between academic staff recruitment in Nigerian tertiary institutions and human capital development as well as service delivery with specific reference to universities. It is generally agreed that higher education is a sine-qua-non for human capital development and efficient service delivery. Higher education is a prerequisite for the production of highly competent experts, which in turn, contributes to the development of organizations and the economy at large. For these to be achieved, the right content and academic staff  must be in place to perform this varied function.  However, over the years the quality of human capital coming out of Nigerian universities and its impact on service delivery has become a source of concern to employers of labour and all stakeholders. Inferential opinions have traced the problem to the recruitment of incompetent academic staff. To investigate the issues raised, the study relied heavily on primary and secondary data and multi stage sampling was used to select the sample population. The data collected was presented in pie chart and simple percentage. Similarly, in order to test the hypotheses and establish the degree of dependence or independence of the variables under investigation, the chi-square statistical technique was used. The findings of the study revealed among others, that Nigerian universities do not employ merit, qualification and competency in the academic staff recruitment. It also established that there is a significant relationship between merit, qualification and competency based academic staff recruitment and human capital development and service delivery. To enhance human capital development and service delivery in Nigerian universities, the study recommends among others, that an independent body like the National University Commission (NUC) should be given the responsibility of academic staff recruitment and promotion for all universities in the country.


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