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Theory predicts that if existing human capital is a complement to further investments in training, then workers with more experience or tenure should undertake more training (Hui and Smith 2003).
As creativity and culture are built on existing human capital and cultural resources, the more cultural contents are available, the better they nourish creativity and production of new culture.
There might be good reasons for that, having to do with the never-ending war for talent The bonanza of an IPO might attract new people for awhile, and existing human capital can walk if it does not get rewarded.
This is in line with the overall pattern emerging from studies for other countries that suggests that employer-sponsored training increases significantly with the level of formal schooling, which is consistent with the idea that existing human capital constitutes a valuable input to the production of new human capital (Lillard and Tan 1992).
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(Utopia is very good at rebranding existing human behaviors).
We control for those commonly used predictors of women's employment described in existing literature, including human capital (measured as years of schooling), age, Hukou status, parental status (whether or not one has children under 18), self-rated health status, and party membership (party member = 1, otherwise = 0).
With its existing economic infrastructure and human capital, Ethiopia, like most African countries, simply cannot compete in a global market, but has been told by international economic orthodoxy to pursue policies aimed at doing exactly this.
Second, there is a negative selection effect: new participants are less productive (conditioning on human capital) than existing participants.
Like QIDS, PROGRESA, was a major government initiative; aimed at reducing long-existing poverty and developing human capital within poor households [ 26].
Existing research investigating the effects of human capital accumulation supports this view.
Beyond the critique of existing indicators developed here, a pure human capital approach might question the use of any demand-side concept such as "graduate job", given non-zero substitutability in production; we take the view that demand-side concepts, given their explanatory power, complement the human capital approach.
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CEO of Professional Science Editing for Scientists @ prosciediting.com