The globalisation's 'knowledge economy' has created a new set of human capital requirements. The guiding policy and planning document, "The CARICOM Human Resource Development 2030 Strategy: Unlocking Caribbean Human Potential" document, 'serves as a roadmap for the CARICOM Caribbean's responses to these human capital demands. I conduct a…

This paper establishes an understanding of the Saudi National Human Resources Development (NHRD) and proposes effective strategies for improving the NHRD in the knowledge-based economy. Building on the foundations of HRD at the national level, provided by Harbison and Myers and the utilization of Paprock's NHRD model for transitional societies,…

This study examines how the rise in the share of higher education graduates leads to over-qualification, by focusing on the demand-side drivers. We propose that the benefits of investments in higher education depend on the levels of innovation and economic growth in each national economy. We use a configurational method (Fuzzy Set Qualitative…

The role of human capital development in the era of globalization, knowledge-based economy, and technological development cannot be underestimated. This is mainly attached to the creative and adaptive capacity of human capital (HC) in bringing multidimensional changes and developments for the individual, organization, and the country at large.…

Globalization presents Gulf Cooperation Council (GCC) countries with opportunities for economic growth and transformation, as many of these nations face economic challenges such as the need for a diversified knowledge-based economy because of the finite resource of hydrocarbons. This requires the development of human capital providing workers with…

For higher education (HE) institutions, preparing students to be job-ready upon graduation in the 21st century is no easy feat, but critical for future growth in business. Technology, globalization, and the knowledge economy have increased employer demands for new skills and investment in human capital. Yet employers still argue that graduates…

Abundant research conducted in many countries has underlined the critical role of Science, Technology, Engineering, and Mathematics (STEM) in developing human capital in fields important to a nation's global competiveness and prosperity. In the Gulf Cooperation Council (GCC) States, recent long-term policy plans emphasize the ever-increasing need…

College-educated immigrants in the United States are more likely to have advanced degrees and to major in science, technology, engineering, and math (STEM) fields than their U.S.-born peers with college degrees. But their educational levels have not always translated into occupational gains: They are more likely than U.S.-born workers to be…