2021
DOI: 10.1016/j.jebo.2020.11.034
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Nepotism, human capital and economic development

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Cited by 15 publications
(8 citation statements)
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“…There are many algorithms [18][19][20][21][22] that are used in problems of human capital reproduction modeling, but not all of them are focused on building models of complex systems in conditions of incomplete information. It is advisable to use the methods and tools of inductive modeling, designed primarily for the functional description of the systems characteristics for the human capital reproduction.…”
Section: Resultsmentioning
confidence: 99%
“…There are many algorithms [18][19][20][21][22] that are used in problems of human capital reproduction modeling, but not all of them are focused on building models of complex systems in conditions of incomplete information. It is advisable to use the methods and tools of inductive modeling, designed primarily for the functional description of the systems characteristics for the human capital reproduction.…”
Section: Resultsmentioning
confidence: 99%
“…Furthermore, as the UAE aims to become a leading business/leisure hub, understanding the effect of leader favoritism on employees' work attitudes and behavior in delivering excellent service is crucial because of the long‐term implications. Studies have found that favoritism and its variants (e.g., nepotism and cronyism) have adverse effects on economic growth and development because they discourage human capital investment in the country (Perez‐Alvarez & Strulik, 2021; Safina, 2015). On this note, our findings are applicable to other contexts facing the same workplace phenomenon.…”
Section: Discussionmentioning
confidence: 99%
“…And third, one of the main recommendations of the research paper is to profoundly transform social institutions that do not practice meritocratic principles. Poor economic diversification and the practice of a knowledge-based economy are evidenced to be significant hindrances to human capital development (Toimbek, 2022; Perez-Alvarez & Strulik, 2021). This in turn will result in a low level of educational endeavors and general cognitive abilities of the workforce that leads to reduced productivity rates and economic stagnation (Perez-Alvarez & Strulik, 2021).…”
Section: Discussionmentioning
confidence: 99%
“…Poor economic diversification and the practice of a knowledge-based economy are evidenced to be significant hindrances to human capital development (Toimbek, 2022; Perez-Alvarez & Strulik, 2021). This in turn will result in a low level of educational endeavors and general cognitive abilities of the workforce that leads to reduced productivity rates and economic stagnation (Perez-Alvarez & Strulik, 2021). This “social trap” is also can be the consequence of abundant natural resources that hamper economic diversification and investments in human capital (Gylfason, 2001 as cited in Perez-Alvarez & Strulik, 2020).…”
Section: Discussionmentioning
confidence: 99%