Significance Of Human Capital Research Articles

Future of Hygieia Health Private Limited

The case revolves around the dilemma faced by the existing co-founders of Hygieia Health Private Limited (hereafter, Hygieia) in managing a potential startup with an amazing product but declining investor confidence due to the sudden exit of one of the co-founders. Hygieia, a tech services company that started in September 2016, represented the medical healthcare sector that served the niche customer segment—pregnant women. The startup was considered to be one of the promising businesses by early-stage tech funders. However, one of the co-founders suddenly announced that he would leave the company without parting with his stake in it. This created a major problem for the other founder members in moving ahead. The case examines the factors contributing to the crises and dilemmas faced by Hygieia’s co-founders, which led them to devise a strategic plan to overcome these challenges. It emphasizes the difficulties encountered by a growing startup and highlights the importance of having a strong team to sustain and expand the business. Additionally, the case explores relevant valuation concepts in a startup context. It provides insights into the significance of human capital in a tech startup using the people, opportunity, context and deal (POCD) framework, explores various financing options available for startups and outlines key valuation methods.

Do Human Capital Value Added Impact the Risk-Based Performance of Banks? (A Review Based on the CAMEL Model)

Objective: The significance of human capital is well recognized in contemporary times, and the management of firms with a knowledge-centric approach has underscored the importance of intellectual and human capital as key competitive advantages. Among these, the banking industry holds considerable importance, necessitating the industry's focus on leveraging human capital. Methodology: This study examines the relationship between the human capital value-added coefficient, a component of intellectual capital, and bank performance. The CAMEL model is employed to determine the functional components of bank performance. Financial statement data from 12 banks for the years 2012 to 2022 were utilized. Findings: The study's findings indicate a significant relationship between the intellectual capital value-added coefficient and variables such as capital adequacy, asset quality, management, and income, with a nonlinear inverted U-shaped function. In contrast, the relationship between the human capital value-added coefficient and liquidity is nonlinear and U-shaped. Conclusion: The study reveals that human capital value-added significantly impacts bank performance indicators, exhibiting nonlinear, inverted U-shaped relationships with capital adequacy, management, and income, and a U-shaped relationship with liquidity. Strategic investment in human capital is essential for optimizing these performance metrics in the banking sector.

Economic achievement of immigrants in Japan: Examining the role of country‐of‐origin and host‐country‐specific human capital in an inflexible labor market

AbstractThe economic integration of immigrants is a salient social issue in Japan. Although the US immigration literature has stressed the importance of host‐country‐specific human capital over country‐of‐origin human capital for immigrants, previous studies in Japan have shown mixed results about the effects of these two types of human capital on the economic integration of immigrants. The mixed results might be because previous studies focused on only specific immigrant groups (with regard to nationalities, cities, and visa status), human capital variables, and dimensions of economic achievements in the Japanese labor market. The segmented nature of the Japanese labor market structure and immigration policies create different pathways to “economic achievements” of immigrants depending on the dimension of “economic achievements” studied. By conducting a nationally representative social survey of Japanese immigrants, we examined the association between the two types of human capital (i.e., country‐of‐origin and host‐country‐specific) and the three indicators of labor market success: employment status and firm size, occupational status, and income. Our results indicate that host‐country‐specific human capital in the form of higher education and language proficiency is important for all three indicators of economic achievement in Japan, while country‐of‐origin human capital in the form of higher education and vocational skills is transferable to some extent. Our results suggest that the significance of human capital in immigrants' economic success is determined not only by the structure of the labor market but also by immigration policies.

Poticanje pomorskih inovacija kroz ljudski kapital: istraživanje statusa quo sveučilišta u Jadranskome moru

The purpose of the paper is to emphasize the need for enhancing participation of the Adriatic maritime universities and researchers in modern innovation processes in maritime industry. The paper primarily analyses human capital in regard to two constituent components - academic (academic rank and the length of research experience) and collaborative (expertise in innovation projects, the frequency of participation, the constraints related to partnerships and funds). The research is based on quantitative and qualitative analysis. The dependence between the components associated with human capital is quantitatively determined by means of the Pearson's chi-square test and the R programme. The qualitative analysis relies on coding of the attitudes of the maritime researchers about collaborative innovations in maritime industry. The coding was performed by means of the Atlas.ti 8.4.24. programme. Results confirm the significance of human capital for maritime research, identify constraints on the realization of innovations and specific innovations the maritime researchers are working on. Additionally, the paper detected the lack of strategic transformation of the universities that would strengthen collaborative innovations in maritime industry. The paper proposes formation of collaborative network/platform for an efficient use of human capital in scientific research and maritime and economic integrations in the Adriatic region.

RETROSPECTIVE OF THE DEFINITION OF THE ESSENCE OF HUMAN CAPITAL AND ITS CONTENT

Purpose. The aim of the article is substantiation of the concept of human capital development in economic thought in view of various directions and theories to ensure economic relations and the evolution of human capital, clarification of the essence and content at the present stage of economic development. Methodology of research. The methods generally accepted in economics were used in the course of writing the article: theoretical and comparative analysis – to reveal the essence and significance of human capital; analysis and synthesis, system and structural, abstract and logical, grouping method – to group the functions of human capital and determine its content. Findings. The concepts and basic theoretical approaches to determining the essence of human capital in the economic system of society are studied. The need to invest in person through investments, by limiting consumption, which over time will bring economic effect, was determined. The main sources of human capital investment, levels of perception and accumulation of capital among people of working age are identified. The main functions of human capital are systematized. The peculiarities of human capital wear and tear in the process of development are determined and outlined. Originality. The study of the essence of human capital and the need to invest in its accumulation has been further developed, which allows to obtain an integrated economic and social effect, which benefits not only a particular person but also the company where he works and society as a whole. Practical value. The conducted results of the study can be used in the development of social and economic development programs at the regional, local and national levels, taking into account the peculiarities of accumulation and development of human capital in the territorial units of Ukraine. Key words: capital, person, development, investments, theory, efficiency, evolution.

Management and Leadership in Advertising Agencies In Siauliai Region

One can notice intense changes in modern advertising services’ market. Under the conditions of rapid technological changes, violent competition, and increased significance of human capital, advertising agencies face difficulties in covering and retaining the desirable position in the market. Advertising agencies have to react to factors of economic, social, technological environment and to stimulate the employment of human capital, managerial education. Managerial education should cover the development of leadership. It means that managers should educate themselves as leaders. It is a relevant condition for successful management. The manuscript aims at revealing the expression of leadership and management features in advertising agencies in Siauliai region. Theoretical analysis has shown that leadership is defined as relationships between leader and her followers. These relationships are based upon influence and aim at change implementation while pursuing common goals. Management is treated as knowledge and skills of managers. Knowledge and skills ensure the achievement of company’s goals and harmonious activity of congenial people and employees. It was found that a leader and a manager in an organization can be a different person. Results of empirical research has shown that majority of employees of advertising agencies in Siauliai region treat a leader as a person who takes responsibility and is inclined to take new activities in spite of given instructions. Leaders use current potential and seek for better results of activity. Majority of employees paid attention to one more important aspect of a leader, i.e. motivation to pursue common goals. One should notice the impact of a leader on employees during the process of the implementation of change. Results of the research confirmed that leader had a significant impact upon the success of the organization.Keywords: management, leadership, change management, human capital, advertising services.

Potential for the Development of Borderland Peripheries in Czechia in Terms of the Significance of Human Capital: the case of Volarsko

The article seeks to evaluate the development potential of the borderland peripheral territory of Volarsko on the basis of an analysis of selected characteristics concerning the level and quality of human capital possessed by representatives of municipal self-government bodies, and to identify the central development problems of this territory. Empirical field research (directed/semi-structured interviews with the mayors and written survey focusing on municipal council members) was conducted in the model territory, directed at three thematic sections: “personal” characteristics of respondents; evaluation of work and mutual cooperation of respondents; identification of central development problems. In terms of the selected characteristics of human capital, the model territory exhibits relatively positive values (level of education attained; length of time in office; for mayors, the manner in which they fulfil their duties and their willingness to candidate in the upcoming communal elections). The same applies to the evaluation of the work and mutual cooperation of representatives of municipal self-government bodies (activity level, nature of professional and inter-personal relationships). In terms of the subjective opinions of the mayors and council members concerning central development problems, a high degree of compliance was shown to exist among their answers. Both “groups” identify a lack of financial resources for pursuing the priorities of the municipal authority and the general lack of jobs as the two most serious problems in the model territory.

Evaluation of Human Capital Role in the Value Creation Process

The significance of human capital in today's hyper-competitive environment is tremendous and undoubted. The aim of this study is to evaluate the role of human capital in the value creation process in the relation with other key national indicators and to assess their impact on the GDP indicator taking the case of Lithuania. The performed analysis has showed that the rate of human capital value vary in the different countries. In order to properly utilize the highly skilled human capital it is required an appropriate material economic development, within is characterized by the value of fixed assets and the materials consumed.

The Human Capital Management in the Innovation Economy: Evidence from Iran

The article considers the issue of human capital management as a strategic resource of innovative development. Human capital is analyzed as a factor and determinant of economic development of society on the whole and public production development in particular. The aim of this article is to define the role and significance of human capital in innovative economy. Dynamics of modern processes in the new global economy can be characterized by be-ing innovative, having innovative instruments, presence of endogenous relations of science factor in expended reproduction and growing research intensity of economic progress. Contribution of scientific and technological progress in increase of gross domestic product of the most developed countries according to various sources amount to 75–100%. Consequently, one of the main aspects of innovation importance on the national level is its determinative influence on macroeconomic data. Innovations are strategic factors of economic growth, have positive effect on the structure of public production, can change economic or-ganization of society and the level of innovation development determines competitiveness of national economy and national security. In its turn, dynamic development and fast renovation of scientific and technological bases of modern society can lead to changes of role and place of a person in particular and human capital in general in social reproduction process.

Gender inequality in human capital accumulation and economic growth: a comparative analysis of Pakistan and Sri Lanka

Even though the significance of human capital in the growth literature is well established, little evidence is available on the role of education on growth segregated on a gender basis. The present study has focused on the importance of female education and employment and queried to what extent gender inequality in education and employment has an impact on economic growth in Pakistan and Sri Lanka. To answer this question, a simultaneous equations model covering time period of 1975–2009 has been used and the Generalized Method of Moment (GMM) has been applied. The results have confirmed that the gender gap in education has induced an adverse impact on economic growth, both directly and indirectly, through rapid population growth and low investment. Results also show that though there is gender inequality in human capital accumulation in both counties but the intensity is higher in Pakistan as compared to Sri Lanka. The study explored the opportunities to encourage the role of females in the developmental activities of these countries. In view of the fact that gender inequality in education is critical for growth, the study recommends that rather than slashing the PSDP (Public Sector Development Program), Pakistan needs to promote investment in human capital and that there should be equal opportunity for education and employment for both males and females in both south Asian Countries.

Human Capital Management: An Emerging Human Resource Management Practice

The principal purport of this study is to explore and look for variety of aspects and the significance of human capital in today’s hyper-competitive environment besides delve in to details for gaining more insights regarding the subject in focus i.e. human capital. The paper is an exploratory study, which by and large relies heavily on the analysis of available literature and model testing. Organizations have been persistently adverting fair amount of emphasis on human capital by taking necessary measures to develop a culture of knowledge sharing, retain highly competent employees to generate more innovative ideas with a view to achieve the competitive advantage for having an edge over contemporary organizations. Having set forth afore-said goals; top management of dynamic organizations more often than not encourage their employees to actively participate in the knowledge sharing practices. The inference is that human capital by all means is positively related to the organizational productivity since implementation of the creative ideas and innovations do improve the organizational outcomes. As a result of intellectual capital employees tend to become loyal and passionate about their work and devote their talents to the best of their potential to achieve the all important competitive advantage. Key words: Human Capital, Organizational Performance, Competent Employees, Intellectual Capital, Social Capital, Competitive Advantage.

Entrepreneurship and organizational design: investor specialization

PurposeThis paper seeks to investigate the impact of venture capital firm organization (VC) on operations at portfolio companies, emphasizing particularly value added and involvement.Design/methodology/approachPrior literature indicates the importance of organizational design on the VC firm's engagement and monitoring practices. A survey methodology is used to examine such relationships, including the significance of human capital for the process of investor engagement.FindingsThe paper finds that VC organizations with a market focus and deal specialization are much more involved in portfolio companies than the firms who diversify their portfolios. This suggests that organizational focus is an important construct for explaining the degree of support accorded to portfolio companies by venture capitalists. The research also evaluates the performance outcomes of VC firm organization.Originality/valueThe research emphasizes the importance of organizational factors in the investment strategies of venture capital firms.

The Sex Wage Gap in Japan and Sweden: The Role of Human Capital, Workplace Sex Composition, and Family Responsibility

This study examines sources of the sex wage gap in Sweden and Japan by focusing on the significance of human capital, workplace sex segregation, and family situation using recent and nationwide individual-level data. Contrasting determinants of the sex wage gap in the two advanced countries Japan and Sweden are of interest because these two societies differ significantly in their gender policies and sex structures. The results indicate that human capital factors and women's heavier family responsibilities account for more of the sex wage gap in Japan than in Sweden. Workplace sex segregation, in contrast, accounts for more of the sex wage gap in Sweden compared to Japan. In both countries, about two thirds of the sex wage gap is attributable to sex differences in average return on the explanatory variables.