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2021 | OriginalPaper | Chapter

9. Human Capital

Author : Richard Thomas Watson

Published in: Capital, Systems, and Objects

Publisher: Springer Singapore

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Abstract

Human capital is the general health, skills, knowledge, and abilities of the population, a workforce, or an individual. “A country’s ability to improve its standard of living over time depends almost entirely on its ability to raise output per worker,” according to Nobel Prize–winning economist Paul Krugman.

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previous chapter Economic Capital

next chapter Organizational Capital

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Title: Human Capital
Author: Richard Thomas Watson
Publisher: Springer Singapore
Book: Capital, Systems, and Objects
Print ISBN: 978-981-15-9417-5

Electronic ISBN: 978-981-15-9418-2

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-981-15-9418-2_9

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