Abstract

Training policy in the developed world is increasingly influenced by the perception that the future lies in developing the Knowledge Economy through investments in “Human Capital”. There are some problems with this simplistic view of contemporary economics.

Keywords

human capital, knowledge economy, training policy

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Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

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Aug 31st, 9:00 AM

Human Capital Theory: Intersecting Educational and Economic Theories

Training policy in the developed world is increasingly influenced by the perception that the future lies in developing the Knowledge Economy through investments in “Human Capital”. There are some problems with this simplistic view of contemporary economics.