HUMAN RESOURCE CAPITAL, INVESTMENT, CAPITAL, EXPENDITURE.
What is man? Light
Proactive Reactive
always motivated to excel
Worker
How did the human capital theory?
factors of economic growth. Earth
Working Capital Human Capital
Knowledge
The esconomistas have put considerable attention on income distribution, considering the pair (both distance and near) the interaction of other correlated factors such as education. HUMAN CAPITAL
Defined as the skills, talents and productive skills of an individual. Adam Smith
An intelligent and educated people will always be more orderly and decent than one ignorant and stupid.
Theodore Schultz.
There is a vital link between economic productivity and human welfare.
Prospects economic growth are determined by the intelligent evolution of humanity.
costs to improve the quality of the population should be considered as an investment.
Education and health.
Can a farmer be productive regardless of weather? Gary S.
Becker.
The fees usually increase with age, but at a decreasing rate.
There is an inverse relationship between unemployment rates and level of training.
Young people change jobs more frequently and receive more education and more training than others.
The most able people receive more education and other types of training others.
The typical investor in human capital is less reflective and therefore is more likely to miss the typical investor in physical capital
Pan Yotopoulos. Factor
time.
human capital investments would be more profitable if you invest:
In young individuals with longer life.
society members with lower mortality rates.
Individuals or groups for whom the direct and opportunity costs of investment are relatively low and confined to a relatively short period of time. Harvey
Leibstein.
efficiency theory.
What does the work for Mexicans?
productivity depends not only on the amount of labor and capital, but also the manner in which employees, employers and employees to interpret the work.
Motivation is an input, but remember that you can buy on the market. Ragman
Nurkse.
Circle of poverty.
The supply side is the little saving, which is the low level of real income. The low real income is a reflection of low productivity which in turn is due in large part to the lack of capital. Lack of capital is the result of low savings capacity, and so the circle is complete. Demand side, the stimulus to invest may be low because of low purchasing power of the population, which is due to reduced real income, which in turn is attributable to low productivity. Current approaches
Hogendorn (1996)
states that low education and poor quality leads in most cases to low income. Emphasizes
that education is the most important element to study the human capital, and that differences in education provision can largely explain the gap in income per capita between developed and less developed countries.
Ram, 1999
Education is seen as a factor for balance, and its expansion allows a country's economic welfare.
Many studies have examined the relationship between education and income inequality. Although estadíasticas, specifications and models differ, many have concluded that increases in grade point average, decrease income inequality.
What do you think that theory applies more today?
Why?
Do you agree with something?
Education Education is central to the human community allows the preservation of their physical peculiarity, moral and spiritual is the means by which man has made to propagate and maintain its social existence, ie force reason. This is the basic characteristic of humanity, it makes us different from other living beings and that we must preserve.
formal education.
education system includes the highly instucionalizado chronologically graded and hierarchically structured stretching from the early years of primary school until the last years of college.
Non-formal education.
every activity is organized, systematic, educational, held outside the official system.
informal education.
It is a process that lasts a lifetime and in which people acquire and accumulate knowledge, skills, attitudes and modes of discernment through daily expressions and their relationship to the environment.
In many developing countries, school is a reflection and a result of underdevelopment surrounding, where they derive their deficiency, quantitative and qualitative poverty. But little by little, and here lies the danger really serious, the school of these underdeveloped countries is in danger of becoming in turn a factor of underdevelopment.
economic growth.
economic growth a country can be defined as long-term increase in the ability to provide for its population of economic goods increasingly diversified, as increased capacity is based on the advancement of technology and institutional adjustments and ideological that it demands.
Intellectual Capital.
How can we determine the value of a company? When
stock market evaluates a company to three, four to ten times the book value of its assets, is expressing a simple but profound truth: the tangible assets of an intellectual enterprise contribute much less to the value of your product (or service) terms intangibles: the talent of its employees, the effectiveness of their systems, customer relationships, all of which together constitute its intellectual capital.
"Intellectual capital is useful knowledge packaging."
Knowledge Management.
involves managing the processes of creation, development, dissemination and exploitation of knowledge to gain organizational skills.
" Why some countries have increased their educational level is not reflected in economic growth?
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