2019
DOI: 10.4236/ce.2019.1012195
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Educational Theories and Issues in Human Capital Development

Abstract: The reformation of education has moved towards the fourth industrial revolution (IR 4.0). The development of a nation focuses on the quality of education. Education is seen as a panacea to solve issues relating to human capital development. In Malaysia, human capital development is much emphasized, as a successful human capital development will gear the nation towards being a developed country. Malaysia aims to be one of the developed countries with the aspiration that the human capital will drive the aspirati… Show more

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Cited by 3 publications
(5 citation statements)
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“…In education, globalization is a major trend that promotes democratic reforms of different countries, with English being set as an imperative means of communication in the current global educational space ( Sinagatullin, 2019 ). Thus, education in the 21st century should prepare learners to live, work and survive in the uncertain and risky real-life environment ( Husin et al, 2016 ; Beno and Funke, 2017 ; Asmolov, 2018 ; Rafiq et al, 2019 ). It demands learners to develop their knowledge, competencies, and skills ( Watkins, 2019 ; Ansarian and Mohammadi, 2018 ) rather than only focusing on academic performance.…”
Section: Literature Reviewmentioning
confidence: 99%
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“…In education, globalization is a major trend that promotes democratic reforms of different countries, with English being set as an imperative means of communication in the current global educational space ( Sinagatullin, 2019 ). Thus, education in the 21st century should prepare learners to live, work and survive in the uncertain and risky real-life environment ( Husin et al, 2016 ; Beno and Funke, 2017 ; Asmolov, 2018 ; Rafiq et al, 2019 ). It demands learners to develop their knowledge, competencies, and skills ( Watkins, 2019 ; Ansarian and Mohammadi, 2018 ) rather than only focusing on academic performance.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Orazbayeva (2016Orazbayeva ( , p. 2659 defines globalization as "an objective process and a form of modern society's existence. " The onset of globalization in the 21st century has cultivated significant modifications and changes in educational endeavors (Saquing, 2018;Rafiq et al, 2019). Therefore, education Yaccob et al 10.3389/fpsyg.2023.1007970 Frontiers in Psychology 02 frontiersin.org systems worldwide have taken significant initiatives to adhere to the standard outlined by global education.…”
Section: Introductionmentioning
confidence: 99%
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“…In addition to that, this theory is also promotes knowledge based economy (k-economy) to the education system so that it can be extensively used in the workplace as an instrument of economic growth (Gillies, 2015). Rafiq et al, (2019) has stated that every individual should improve the knowledge and skills to the higher levels in order to accomplish duties effectively, contributes to the organisation by being a valuable human resource factor and also contributes to the country's economic growth. In the present study, human capital theory is applicable to refrain the shortage of 21st century skills among school teachers who need to develop knowledge and skills in order to become educators with best quality.…”
Section: Literature Review a Human Capital Theorymentioning
confidence: 99%
“…2023.1410130 approach to a more contemporary setting (Shliakhovchuk, 2021). The onset of globalization in the 21st century has fostered significant modifications and adaptations in educational context (Saquing, 2018;Rafiq et al, 2019). As education evolves and progresses in this technology driven-world, the integration of VUCA (volatile, uncertain, chaotic and ambiguous) has been highlighted.…”
Section: Introductionmentioning
confidence: 99%