This article focuses on the areas agreement between two recent and seemingly disparate Human Resource Development Review articles by Wang and Swanson (2008) and McLean, Lynham, Azevedo, Lawrence, and Nafukho (2008). The foundational roles of economics in human resource development theory and practice are highlighted as well as the need for…

This symposium will highlight the systematic approach related to PhD and master's HRD programs uniquely situated in Colleges of Business. Strengths of these programs will be presented through identifying their collaboration with businesses, strong internship programs, external funding sources, and strong HR relationships in business, industry,…

Analysis of the economics of training has become one of the most important issues of the decade for business and industry. Unfortunately, managers typically digress to a simple cost analysis and ignore the realities of cost-benefit analysis and the potential of large financial benefits to the organization. A proposed model to forecast training…