Reading: Comprehensive Literature Review on Human Capital Investments Theory: What’s in it?

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Comprehensive Literature Review on Human Capital Investments Theory: What’s in it?

Author:

Udaya Mohan Devadas

Department of Human Resource Management, Faculty of Commerce and Management Studies, LK
About Udaya
University of Kelaniya
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Abstract

‘Human Capital’ (HC) is being widely used in different fields: economics, human resource development, and national planning with different meanings in different fields. Seemingly, the term has, in some instances, been misused in the literature and in the practice. In such a context, it is worthwhile to investigate into the development of HC theory. This study has been dedicated to elaborate the evolution of human capital investment theory, the content of HC, the proxies of HC, the benefits of human capital investment, the causes of human capital investment, and the limits of human capital investment theory. This study, hence paves the way for positioning human capital investments theory in the literature and to strategies HC development practices consciously rather approaching to it with gut feeling.

How to Cite: Devadas, U.M., (2015). Comprehensive Literature Review on Human Capital Investments Theory: What’s in it?. Kelaniya Journal of Human Resource Management. 10(1-2), pp.20–44. DOI: http://doi.org/10.4038/kjhrm.v10i1-2.19
Published on 01 Jul 2015.
Peer Reviewed

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