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Strategic Human Capital Development in Asia, 2022, p.12-31
Auflage
1
Ort / Verlag
United Kingdom: Routledge
Erscheinungsjahr
2022
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
The human capital of a nation is shaped by a variety of factors including education, population demographics, employment, economic sectors, and government policy. Consistent with unified growth theory, these factors serve as an ecosystem that influences the human capital of a nation. While policymakers are often concerned with influencing this ecosystem, it is business leaders who must understand the impact of these factors and intern, how their organisations contribute towards human capital development. Human capital development has become a strategic element of business success and global decision-making in recent years. Yet, the variations of human capital and economic development across Asia are notable and the divergent approaches create a high level of complexity in navigating the region. This chapter provides an overview of the human capital ecosystem framework employed in the context of the country-specific chapters that follow.