In this era of global competition, human resources will play a decisive role in the battle for efficiency and competitive advantage, where nations and organisations with superior and quality-oriented human capital will soon outperform those with inefficient and quantity-oriented labour force. Rate of human capital formation will be more important…

This is a unique and groundbreaking collection of questions and answers coming from higher education institutions on diverse fields and across a wide spectrum of countries and cultures. It creates routes for further innovation, collaboration amidst the Sciences (both Natural and Social), the Humanities, and the private and public sectors of…

This article examines the macro, micro, and distributional economics of education. Comparisons are made between the United States, Western Europe, and the U.S.S.R. (DE)

A study examined the role of employer training in ameliorating skill shortages and enhancing productivity and competitiveness. The study established that formal training by specialized personnel accounts for only 5-10% of the time newly hired workers are engaged in training activities and that existing labor market research instruments fail to…

To examine the economic efficiency of initial military specialty training, procedures were tested for estimating the effects of that training on posttraining job performance. The approach chosen was an application of human capital theory in which the costs of on-the-job training and the returns to training are measured by comparing the trainee's…

This document is a summary of the situations of six Asian nations (The People's Republic of China, Japan, Singapore, South Korea, Taiwan, and India) compared to the United States in science and technology education. The paper includes a table of the production of bachelor of science degrees in science and engineering in 1990, comparing the Asian…

Attempts to explain sex-related wage differentials generally rely on the human capital and segmentation labor market theories. The human capital theory explains individuals' position in the labor market primarily in terms of factors determining their productivity, whereas segmentation theory focuses on differences among jobs as determinants of the…