HUMAN CAPITAL Hybridization and Immunohistochemistry
HUMAN CAPITAL is still a concept in search of a context
People are no longer seen as perishable goods, to consume, but as valuable assets to be developed.
considers the individual's economy from two perspectives:
• Producer • Consumer goods and services
productive Are those who raise pigs or processed pills, but teachers of young and adult virtuous , musicians, judges and administrators are productive in a much greater extent? Concept of human capital
Aggregation - subject to supply and demand.
Growth -
educated
Investment - $$$$$$
Income Distribution What
the engineer who has to do with the CH?
And the designer has to do with the CH?
What the architect has to do with the CH?
Two important points
Personal
What do I need to do to be a good Human Capital?
As a representative of an organization.
Leading a business
How do I invest in human capital of an organization? CH
value It is the same as the consumption of goods and services produced directly or indirectly.
When you raise the value of goods and services, also CH rises as the first element decreases, so does the second.
How to measure the CH
Indirectly with market values \u200b\u200bthat can be leased.
What is the marginal product
is determined by supply and demand so that you can pay according to this average marginal product by industry, occupation, etc. Opportunity cost
The rewards that are deferred in exchange for the investment of CH
The sacrifice of income, time in exchange for training.
Thus the opportunity cost of paying a low income family is very high in relation to a family of middle or upper class. Net value of CH
It is equal to the cost of acquisition. CH Price
The net present value of a human asset depends on the gains of which the owner can realize.
What is best for an employer to hire designers with degrees or technical level and train them? What affects the price
Geographic Region
Age Race
Industry Occupation
Risk and uncertainty
When cases are variable but likely to occur known, it is said that there are risks when cases are likely to occur with variable but unknown, uncertainty is said to exist.
Do you know the risk you take when investing in CH?
what uncertainty?
actors in the formation of CH
Government Business
Family
Society
People
Universities
The knowledge era.
"Now the challenge is the ability to access, consistently, that knowledge"
Universities play an important role
UNAM
TEC
UDLA
LATIN AMERICAN UNIVERSITY
The goal is to reach the university has proposed to contribute to social change is, to train professionals able to contribute to society socially relevant services.
values \u200b\u200band civic and social attitudes are taught by example, in an environment that stimulates. Education is an essentially human process of transformation and development of the individual.
It is a university system whose mission is to train people committed to community development to improve the social, economically and politically, and are internationally competitive in their area of \u200b\u200bexpertise, the mission includes research and extension relevant to the country's sustainable development.
The essential feature of these programs is to place greater emphasis on applied education and, particularly, in links with the labor market is the knowledge and skills that are needed for a job. Investment decisions
Is it really profitable investment in human capital?
personal satisfaction Need for achievement
Membership Training
Everything depends on your point of view from which you are watching, for example the most important thing a father can be the title of his son and not the results. Government
Two situations:
public goods producers
general welfare advocates
Why can not investment decision turns to individuals and private companies? Business
Do the skills, talents and expertise are available on the market?
Should provide training or hire individuals with the skills and knowledge?
"general or specific training?
How long the employee will live?
how long work for the company? Raw material
Individual quality of life "or consumer goods that can be purchased?
Values \u200b\u200band future preferences
Lifespan of the asset, depreciation rate, their probability of being obsolete and maintenance costs.
Whether the individual invests its own resources in the CH or borrow in the market depends on the rate at which you want to exchange consumer goods present for future consumption.
The fact that the aggregate human capital plays a major role in the production process, is a question from a theoretical perspective that has been treated extensively.
In this sense, identify two ways in which education
involved in this process. A direct
called level effect, which considers education that holds the worker as a productive factor more, so that the accumulation of human capital generates growth in output directly.
qualified Another indirect effect of rate, which means that education facilitates innovation, dissemination and the adoption of new technologies, affecting the level of human capital to productivity growth through improvement of technical progress. Given its importance, there have been numerous works.
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