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Concept information

Preferred term

human capital theory  

Definition(s)

  • Human capital theory posits that the costs associated with developing an individual's knowledge, skills, and abilities should be considered an investment because the outcome of these costs generates additional economic value. This theory has implications for both individual-level decisions and firm-level decisions. [Source: Encyclopedia of New Venture Management; Human Capital Theory]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-B5XN7VR3-N

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