Education and the labour market: subjective aspects of human capital investment

Killeen, John; Turton, Richard; Diamond, Wayne J.; Dosnon, Odile; Wach, Monique

doi:10.1080/026809399286396

Cited by 9 publications

(9 citation statements)

References 18 publications

(14 reference statements)

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“…Formal signifies individual educational qualifications, skills, and abilities, whereas informal signifies human capital developed through work and familial experiences. We know that educational investments and work experience can translate into economic advantages (Becker, 1964;Killeen et al, 1999;Langelett, 2002) and, if applied towards an entrepreneurial activity, can result in improved entrepreneurial judgment (Baron & Ensley, 2006;Corbett, 2005;McGrath & MacMillan, 2000;Parker, 2006;Ronstadt, 1988;Shane, 2000;Wiklund & Shepherd, 2003) and forecasting ability (Clement, 1999;Mikhail et al, 1997). It is clear that the impact of human capital on entrepreneurial activity and judgment has been previously widely studied in more developed economies.…”

Section: Introductionmentioning

confidence: 99%

Digital start-up access to venture capital financing: What signals quality?

Nigam

Benetti

Johan

2020

Emerging Markets Review

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What signals quality for digital startups seeking access to external finance? Analyzing a unique dataset from India, we investigate the impact of traditional quality signals (e.g., the founders' years of experience, prior industry experience); networking signals (e.g., degrees from elite educational institutes, the breadth of an entrepreneurial team); and digital signals (e.g., the social media presence of the startup on multiple social media sites) on the access to venture capital financing. We find that while networking and digital signals positively impact access to financing, traditional human capital signals do not have any significant impact on the process.

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Section: Introductionmentioning

confidence: 99%

Digital start-up access to venture capital financing: What signals quality?

Nigam

Benetti

Johan

2020

Emerging Markets Review

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“…Cappelli (2008) discusses the effect of education on the economic wellbeing of individuals and states that more education allows an individual to make more money and be less subject to unemployment. Killeen et al (1999) conclude that education plays a significant role in the job market, which reflects positively to the financial wellbeing of individuals. Smith (1776) stated that skilled workers should be compensated more than unskilled workers because of their higher productivity.…”

Section: )mentioning

confidence: 91%

“…Scholars' analysis of education covers the supply and demand of education, the quality of education, the finance of education, the commercialization of research (transfer of technology), the globalization of higher education, and many other educational topics. Killeen et al (1999) investigate the way in which students at schools believe their education is connected to the labour market and their insights regarding educational achievement and its translation into life chances. The authors point to the importance in the UK to redirect education towards what are perceived as the needs of the economy.…”

Section: Education and Human Capitalmentioning

confidence: 99%

“…Coyte adds that the public school system has a greater incentive to self select teachers because of the higher salaries paid through unionization. Killeen et al (1999) address the ways in which high school students see the connection between their education and the labour market and how qualifications generate future benefits. Their study concludes that most students believe that education plays a significant role in the job market and that the role of education in raising productivity is minor.…”

Section: Education and Human Capitalmentioning

confidence: 99%

“…Kirby (2007) states that university programs are often linked to the needs of employers. Killeen et al (1999) assert the importance of integrating education and future occupations of students. Killeen et al explain that the demand for higher education is tailored to the needs of the labour market and this means that some individuals take courses that can increase their economic wellbeing.…”

Section: )mentioning

confidence: 99%

See 2 more Smart Citations

The Role of Education in Building Individual Human Capital: How Do Professionals Look at It?

Askari

2011

SSRN Journal

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This study followed a qualitative research approach to investigate how welleducated professionals see the role of formal education in building human capital. Individuals need to understand the relationship between education and their human capital to justify the time and money they invested to get their education. Colleges and universities need to know the value of their output, to better value and promote the process of knowledge production and transmission and help the general public appreciate their work more. While the importance of a good education is a key factor in the success of learners, this study revealed the power of social capital in making this success a reality. It may not be enough for an individual to acquire good education to guarantee a better future. The power of social connections can be the main determinant in one's wellbeing. This study shows that it is important to address students' life outside school beside the importance of a classroom education.I am deeply grateful to my supervisor, Professor Xiaobin Li, Brock University.His wide knowledge, understanding, and personal guidance have been the basis for this thesis. His encouragement and support enabled me to complete this study.I wish to express my warm and sincere thanks to my committee members, Professor Coral Mitchell and Professor John Novak, Brock University. Their constructive comments, feedback, and input have been very helpful throughout this work.

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Education Policy: Development and Enactment—The Case of Human Capital

Bell

2020

Handbook of Education Policy Studies

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Education is always implicitly or explicitly a political issue (Bell and Stevenson 2013). What is taught, what is not taught, how students are taught and how educational institutions are organized are fundamentally political questions. Education cannot be disconnected from wider views about the society in which it is located. Thus reproducing and reinforcing what exists are implicitly political but no less so than explicitly mobilizing for radical change. The extent to which the focus of policy is on conserving or changing is largely determined by political responses to the prevailing dominant discourses. It is such education policy that frames much of what happens in individual educational institutions and that shapes the experiences of those who study or work in educational institutions. However, it is important to understand more precisely what is meant by policy.

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Education and the labour market: subjective aspects of human capital investment

Cited by 9 publications

References 18 publications

Digital start-up access to venture capital financing: What signals quality?

Digital start-up access to venture capital financing: What signals quality?

The Role of Education in Building Individual Human Capital: How Do Professionals Look at It?

Education Policy: Development and Enactment—The Case of Human Capital

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