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Human Capital Development and Higher Education

Received: 27 May 2020    Accepted: 07 July 2020    Published: 23 July 2020
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Abstract

The paper focuses on the role of higher education as an instrument for improving on human capital development in the country. Emphasis is laid on how Higher Education Institutions (HEIs) in the country can be repositioned for the development of human capital. This paper presents an empirical study that seeks to identify the role of higher education in development of human capital. Content analysis was done from various academic articles world over in relation to the current topic under study. Factors such as government policies, level of technological advancement and enrollment level were discussed. The challenges confronting human capital development in HEIs were highlighted and the strategies for overcoming such challenges deliberated. In the present global environment, characterized by rapid change, intense information flows and increasing competition, emergence of HEIs holds an important place. In today’s knowledge based economy, HEIs are playing as centres for human resource development and therefore, aid in the development of the human capital. The paper concludes that higher education should contribute to meeting the social economic needs of the population in terms of relevance of the qualifications offered to the current labour needs. It therefore, recommends that all stakeholders should contribute towards the development and review of the curricula offered in HEIs to conform to the current needs of the Labour Market.

DOI 10.11648/j.ebm.20200604.11
Published in European Business & Management (Volume 6, Issue 4, July 2020)
Page(s) 61-66
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Higher Education Institutions, Human Capital Development, Human Resource Management, Labour Market

References
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[9] Hickman, D. C., 2009. The effects of higher education policy on the location decision of individuals: Evidence from Florida’s Bright Futures Scholarship Program. Regional Science and Urban Economics 39, 553-562.
[10] Huffman, D., Quigley, J. M., 2002. The role of the university in attracting high tech entrepreneurship: A Silicon Valley tale. Annals of Regional Science 36, 403-419.
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[13] Nafukho, F. M. (2004). The market model of financing state universities in Kenya: Some innovative lessons. In P. T. Zeleza & A. Olukoshi (Eds.), African Universities in the Twenty First Century. (pp. 126-139) Pretoria: University of South Africa Press.
[14] Nafukho, F. M. & Burnett, F. M. (2002). College choice: The state of marketing and effective student recruitment strategies. In T. M. Egan & S. A. Lynham (Eds.), Conference Proceedings of the Academy of Human Resource Development (pp. 788-795). Bowling Green, OH: Academy of Human Resource Development.
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[16] Ngware, M. W. & Nafukho, F. M. (2002). Determinants of supply of technical training opportunities for human capital development in Kenya. In T. M. Egan & S. A. Lynham (Eds.), Conference Proceedings of the Academy of Human Resource Development (pp. 893 - 899). Bowling Green, OH: Academy of Human Resource Development.
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[18] Schultz, T. W. (1962) “Investment in human capital in poor countries”. In Zook P. D. (Ed) Foreign trade and human capital, 3-12.
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Author Information
  • Department of Business Administration and Management, School of Business and Economics, Kibabii University, Bungoma, Kenya

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    Catherine Laura Mamuli. (2020). Human Capital Development and Higher Education. European Business & Management, 6(4), 61-66. https://doi.org/10.11648/j.ebm.20200604.11

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    Catherine Laura Mamuli. Human Capital Development and Higher Education. Eur Bus Manag. 2020;6(4):61-66. doi: 10.11648/j.ebm.20200604.11

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  • @article{10.11648/j.ebm.20200604.11,
      author = {Catherine Laura Mamuli},
      title = {Human Capital Development and Higher Education},
      journal = {European Business & Management},
      volume = {6},
      number = {4},
      pages = {61-66},
      doi = {10.11648/j.ebm.20200604.11},
      url = {https://doi.org/10.11648/j.ebm.20200604.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ebm.20200604.11},
      abstract = {The paper focuses on the role of higher education as an instrument for improving on human capital development in the country. Emphasis is laid on how Higher Education Institutions (HEIs) in the country can be repositioned for the development of human capital. This paper presents an empirical study that seeks to identify the role of higher education in development of human capital. Content analysis was done from various academic articles world over in relation to the current topic under study. Factors such as government policies, level of technological advancement and enrollment level were discussed. The challenges confronting human capital development in HEIs were highlighted and the strategies for overcoming such challenges deliberated. In the present global environment, characterized by rapid change, intense information flows and increasing competition, emergence of HEIs holds an important place. In today’s knowledge based economy, HEIs are playing as centres for human resource development and therefore, aid in the development of the human capital. The paper concludes that higher education should contribute to meeting the social economic needs of the population in terms of relevance of the qualifications offered to the current labour needs. It therefore, recommends that all stakeholders should contribute towards the development and review of the curricula offered in HEIs to conform to the current needs of the Labour Market.},
     year = {2020}
    }
    

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    AB  - The paper focuses on the role of higher education as an instrument for improving on human capital development in the country. Emphasis is laid on how Higher Education Institutions (HEIs) in the country can be repositioned for the development of human capital. This paper presents an empirical study that seeks to identify the role of higher education in development of human capital. Content analysis was done from various academic articles world over in relation to the current topic under study. Factors such as government policies, level of technological advancement and enrollment level were discussed. The challenges confronting human capital development in HEIs were highlighted and the strategies for overcoming such challenges deliberated. In the present global environment, characterized by rapid change, intense information flows and increasing competition, emergence of HEIs holds an important place. In today’s knowledge based economy, HEIs are playing as centres for human resource development and therefore, aid in the development of the human capital. The paper concludes that higher education should contribute to meeting the social economic needs of the population in terms of relevance of the qualifications offered to the current labour needs. It therefore, recommends that all stakeholders should contribute towards the development and review of the curricula offered in HEIs to conform to the current needs of the Labour Market.
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