Human Capital Management of Today’s Youth Through the Development of the Interaction Model Between Employers, Universities and Young Professionals Within the Competence Approach

2016 ◽  
Vol 5 (2) ◽  
pp. 56-60
Author(s):  
Потравная ◽  
E. Potravnaya
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Professional Education ◽  
Professional Socialization ◽  
Interaction Model ◽  
Economic Behavior ◽  
Job Seekers ◽  
Capital Theory ◽  
Higher Professional Education ◽  
High Level

This article analyzes the use of human capital theory as applied to the youth labor market. A model of the interaction of social actors in the labor market of the Russian Federation is given. The article considers the concept of the youth potential and its components. Within the framework of this model the orientation of young job seekers to develop their potential for high economic benefi ts is required, while employers are involved in activities on the professional socialization of students and graduates in order to develop human capital and training of mobile professionals with a high level of professional and general cultural competence. The value of the proposed model is associated with the development of common cultural and professional competences. The model refl ects the economic behavior, characteristic of the young students and graduates, who receive higher professional education. This model is not the main but additional way to explain human behavior in the fi eld of employment, based on the conceptual and methodological basis of economic sociology.

scholarly journals 60 Years of Human Capital Theory: Applying Classical Theory to the Analysis of the Modern Labor Market

2020 ◽  
Vol 12 (4) ◽  
pp. 34-43
Author(s):  
O. A. Ivanova
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Organizational Behavior ◽  
Empirical Studies ◽  
Interdisciplinary Approach ◽  
Integrated Approach ◽  
Human Capital Theory ◽  
Theoretical Development ◽  
Capital Theory ◽  
General Management

In this study, the author analyzes new trends in the development of the human capital theory and offers an interdisciplinary approach to the application of the human capital concept for the analysis of the modern labor market and labor relations. Over the 60 years of its existence, the theory of human capital has not only been tested in numerous empirical studies, but also received further theoretical development due to the inclusion of scientific insights from related fields, such as social psychology, organizational behavior, economic sociology, human resource management, strategic and general management. An integrated approach to the study of human capital allows us to expand our understanding of the role that an individual plays in the production process and its impact on the economic outcomes of organizational activities.

scholarly journals PROFESSIONAL EDUCATION AND HUMAN CAPITAL DEVELOPMENT DIFFICULTIES IN GEORGIA UNDER THE MODERN GLOBALIZATION TERMS

2018 ◽  
pp. 211-217
Author(s):  
MURMAN TSARTSIDZE
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Educational System ◽  
Professional Education ◽  
Market Potential ◽  
Human Capital Development ◽  
Correct Orientation ◽  
Potential Formation ◽  
Capital Development ◽  
Effective Use

Unfortunately, in the epoch of modern globalization, the main priority of the country is still the unemployment and the poverty overcoming. In such situation it is clear, that the economic development and the significant improvement of the population’s living standards cannot be achieved without human resources development, effective use of the labor potential, formation of civilized labor market and organization of the professional educational system according to the modern standards. The latter should favor the development of the main state strategy task – labor force oriented to the labor market demands and accordingly, the human capital development, significant increase of the competitiveness in the local and international markets. Proceeding from the actuality of the issue, in the work the role of education, especially the professional education, as the social-cultural phenomena is considered. The main problems and challenges of the field are studied. We have documented that in the terms of modern globalization the level, quality of functioning of the professional educational system and its correct orientation towards the labor market demands to determine the human capital development in the country, labor market potential their quality perfection and their use prospective.

scholarly journals Board Capital Effect on Firm Performance: Evidence from Indonesia

2021 ◽  
Vol 21 (1) ◽  
pp. 491-506
Author(s):  
Maria Kontesa ◽  
Andreas Lako ◽  
Wendy
Keyword(s):  
Human Capital ◽  
Firm Performance ◽  
Financial Distress ◽  
Board Members ◽  
Firm Level ◽  
Capital Theory ◽  
Strategic Resources ◽  
Board Capital ◽  
And Performance ◽  
High Level

Human capital effects have been ignored as important resources to induce the organization’s performance in firm-level research. The proponents of human capital theory and resource-based view theory argue that the human resources attached to each board member, such as networking, education, and experience, might induce the performance. Yet, agency theory argues those strategic resources might bring higher transaction costs and entrenchment costs. Therefore, this study aims to examine the board's capital effect on firm performance for a sample of 252 listed firms in Indonesia over 2011–2017. Using dynamic GMM panel regression, we confirm the hypothesis about board capital and performance. The results imply that board members’ networking and experience are two important factors for firm performance. However, boar members’ education does not give any impact. It confirms prior theories whereby the capability and competency of directors are an important source for the firm to achieve its objective. Networking and experience might help the firm to avoid financial distress. It furthers implies that shareholders should choose board members with a high level of networking and experience, not education.

Does it pay off to Complete a Doctorate?

2017 ◽  
Vol 61 (2) ◽  
pp. 93-100 ◽  
Author(s):  
Roman Soucek ◽  
Anja S. Göritz ◽  
Klaus Moser
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Market Regulation ◽  
Full Time ◽  
Academic Education ◽  
Capital Theory ◽  
Self Employment ◽  
Scholarship Recipients ◽  
Educational Credentials ◽  
New Perspective

Abstract. According to human capital theory, educational level should be rewarded by the labor market. Hence, a completed doctorate should translate into higher income. This relationship between a completed doctorate and income should be more pronounced in the case of self-employment, because especially in this group the doctorate serves as a signal of an extraordinary professional qualification. The hypotheses were tested against a sample of 183 former scholarship recipients, who finished their academic education and were either employed full-time or self-employed. Results for the entire sample suggest that a completed doctorate has no effect on income. This is put into a new perspective by the confirmed impact of a doctorate on income for self-employed participants. We discuss this result with respect to the specific sample analyzed (former scholarship holders), labor market regulation issues, and from both a human capital and a signaling perspective of educational credentials.

Determinants of Success in University Careers: Findings from the German Academic Labor Market / Erfolgsfaktoren in der Wissenschaft – Ergebnisse aus einer Habilitiertenbefragung an deutschen Universitäten

2013 ◽  
Vol 42 (1) ◽  
Author(s):  
Monika Jungbauer-Gans ◽  
Christiane Gross
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Citation Index ◽  
Applied Mathematics ◽  
Human Capital Theory ◽  
Occupational Prestige ◽  
Capital Theory ◽  
Academic Labor Market ◽  
Academic Labor ◽  
Number Of Publications

SummaryWhat factors determine the chances of being appointed to a chair in Germany? We propose to derive hypotheses from discrimination theory, social and human capital theory, and the signaling approach. In a survey we sampled scholars from mathematics, law and sociology who had completed their Habilitation (“second book”) from 1985 and 2005 at West German universities. A young age at the time of completion of the Habilitation is beneficial across all disciplines. In sociology, the number of publications included in the Science Citation Index is the most important factor in attaining a chair, and women are at an advantage when they face the same conditions as do men. In the field of law, parents’ years of education have a significant impact on success, as has having a highly respected mentor. In mathematics, the chances of getting a professorship increase significantly with high occupational prestige of the parents, the share of time spent in research, the specialty of applied mathematics, or having a mentor with a high reputation.

scholarly journals Current Issues of Personnel Management Policy on the Railways of Mongolia

2020 ◽  
Vol 30 (4) ◽  
pp. 516-521
Author(s):  
Shuragiyn Bayaraa ◽  
Anatoliy Jakobson ◽  
Antonina Chernykh
Keyword(s):  
Human Capital ◽  
Labor Market ◽  
Training System ◽  
Management Policy ◽  
Advanced Training ◽  
Job Seekers ◽  
And Performance ◽  
Personnel Policies ◽  
Training Of Personnel ◽  
Comprehensive Study

The article analyzes the results of the research of personnel policy of Mongolian Railways. For the period 2012–2017 we conducted a comprehensive study of the following components of HR policy of JSC «Ulaanbaatar Railway»: the training system, retraining and advanced training of personnel and evaluation of its effectiveness by the staff of JSC; views and opinions of the staff about the features and performance of the personnel policies. We also did a comparative study of system of material motivation and its impact on the value of human capital; and surveyed job seekers in the labor market on their perception of the JSC as an employer.

scholarly journals Level-oriented modular training within teaching monologic speech to junior students

2021 ◽  
Vol 14 (33) ◽  
pp. e16095
Author(s):  
Margarita Victorovna Myltseva ◽  
Ekaterina Alexandrovna Drozdova ◽  
Marina Georgiyevna Sergeeva ◽  
Dmitry Vladimirovich Lukashenko
Keyword(s):  
Foreign Language ◽  
Intercultural Communication ◽  
Professional Education ◽  
Educational Institution ◽  
Language Education ◽  
Professional Communication ◽  
World Languages ◽  
Professional Fields ◽  
Higher Professional Education ◽  
High Level

The expansion of the spheres of political, trade, economic and cultural cooperation between Russia and other countries creates real preconditions for intercultural professional communication in all areas of language experts’ activity: teaching, researching, translating, interpreting and speaking for the peers. In these conditions, learning to provide a monologue in different world languages is becoming increasingly important to future linguists. According to the requirements of the new Federal Standard for Higher Professional Education, a linguist must be able to perform intercultural communication in various professional fields, conduct business negotiations, be an active participant in conferences, workshops and roundtable discussions using several working languages and search for topical information to improve his/her professional skills in the field of intercultural communication. Thus, the standard reflects the strategy of modern foreign-language education aimed to form the cultural and linguistic personality of the language expert who has reached a high level of the foreign-language professional communicative competence, which manifests itself in speech culture, an open-minded attitude to unfamiliar traditions and ways of life, along with the abilities for monologue and international professional communication. High-quality monologic speech is a personally and professionally significant skill, due to which specialists do not have difficulties with business conversations, reports, public messages and presentations in Microsoft PowerPoint and freely participate in discussing the course and prospects of joint activities. Mastering such skills begins at the very beginning of learning a foreign language in a higher educational institution to be able to work with complicated scientific texts and prepare creative monologues as a postgraduate student.

scholarly journals REASONS OF WORKFORCE EMIGRATION FROM GEORGIA TO EUROPE AND EMPLOYMENT PROBLEMS

2020 ◽  
pp. 86-90
Author(s):  
KESO SUMBADZE
Keyword(s):  
Labor Market ◽  
Social Economic ◽  
European Countries ◽  
Job Seekers ◽  
Job Market ◽  
Employment Conditions ◽  
Market Requirements ◽  
Economic Background ◽  
Job Openings ◽  
High Level

If we consider unemployment level in Georgia and Europe, multitude of problems, that is visible in this regard, won’t be hard to be detected. Finding a job is a vitally important issue for a person. However, by looking at current job openings in labor market, requirements complexity and unreality will be noticed in fact. Besides, there are several problems that studying and elimination are essential for both job-seekers and employed people.Exited severe social-economic background, high level of unemployment and unfavorable employment conditions in Georgia, promote workforce migration. The closest job market for our country’s citizens is European countries, where they have to deal with too complicated situations. The purpose to this article is to draw attention for Georgia and European countries’ topical issues such as: Unemployment, jobs search and difficulties arisen it that process, workforce emigration caused by high level of unemployment, in Europe and came across employment problems. Problems, revealed as research results, and developed recommendation to solve them will be suggested in detail.

scholarly journals HUMAN CAPITAL IN THE EDUCATIONAL PROCESS

2020 ◽  
pp. 29-35
Author(s):  
Valeriy D. Lobashyov ◽  
Aleksey A. Talykh
Keyword(s):  
Human Capital ◽  
Professional Education ◽  
Spiritual Development ◽  
Conceptual Development ◽  
Educational Process ◽  
State University ◽  
Late 20Th Century ◽  
Subsequent Formation ◽  
Educational Processes ◽  
Higher Professional Education

The appeal to the category of «human capital», its conceptual development becomes particularly topical in the late 20th century. The conditions and requirements of the digital economy, which are actively stated by society, significantly increase the requirements for training graduates of educational institutions at all levels. Special attention is paid to the system of higher professional education. Intensive development of a person’s productive abilities and subsequent formation of its readiness (within the limits of competences) is possible only with significant investment in specific (primarily educational) processes of activity. Thus, investments in education, upbringing, and the formation of a healthy physical body are included in the first phase of creating human capital. The article discusses some aspects of the formation of human capital in the learning process. Human capital as an integral procedural component of the educational process is characterised by the level of intellectual and spiritual development, innovative abilities of students. In the context of higher education, the most clearly considered elements are manifested through a network of innovation parks. What we describe in the article, is the pedagogic innovation Park functioning at Petrozavodsk State University in its activities is subject to the tasks of increasing the availability and quality of education at all levels that meet the requirements of advanced innovative development of the regional economy. The success of innopark’s practical activities is shown in the creation and testing of a large number of methods in the work of the University, which include blocks and elements of forming the human capital of each student.

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