Domestic and international competition for STEM talent is driving institutions across the research and innovation landscape to consider new policies and partnerships for building and managing STEM knowledge and skills. New levels of investment in human capital to increase U.S. innovation capacity and competitiveness will require coordination and…

Focusing on the Italian context, this research aims to analyze the relationship between investment in education and economic development through a critical exam of the human capital theory. This paradigm is compared with the social investment paradigm, particularly the Esping-Andersen's thesis, which seems more useful to unfold the link between…

Human capital investment is central to raising wages. This chapter describes trends in human capital investment and educational attainment. It reviews the evidence of the wage returns to educational attainment and to early childhood education, K-12 education, postsecondary education, and workforce development policies and programs. Finally, this…

The place-based investment model (PBIM) of talent development is a programming model for developing talents of high-potential youth in ways that could serve as an investment in the community. In this article, we discuss the PBIM within rural contexts. The model is grounded in three theories--Moon's personal talent development theory, Sternberg's…

There are many aspects of the "economics of education" that would make excellent examples for introductory economics students. The author presents two topics that are central to the economics of education and to human capital theory: the economic benefit (or "returns") to schooling and educational attainment as an investment.…

This policy brief was developed specifically for federal policymakers, and builds upon the policy recommendations included in "Leading from Every Seat: Empowering Principals to Cultivate Teacher Leadership for School Improvement." The recommendations in this report include the following: (1) Uncover New Leadership Ideas and Seed…

This document is part of a Bridgespan Group research project that focused on the question: "How could a philanthropist make the biggest improvement on social mobility with an investment of $1 billion?" In answering this question, the authors have sought to understand "what matters most" for improving social mobility outcomes.…

The author presents a typology of students in business education programs, and analyzes the characteristics of students' perceptions of business success that may result from their training. The factors that students try to maximize are a mix of financial, personal, and life-style issues. (Contains 3 tables.) [This article was translated by Kim…

Leaders of urban school systems are faced with a daunting fact: Some individual schools achieve incredible results for students from low-income communities, but no urban "school systems" achieve those results for all--or even most--children in an entire city. For generations, students in urban America have been underserved, with few…

States are striving to support the expansion of technology tools and resources in K-12 education through state policies, programs, and funding in order to provide digital learning opportunities for all students. This paper highlights examples of states with policies in support of five key areas: (1) innovative funding streams and policy; (2)…

As Europe has lurched from one economic crisis to another in recent months, one thing has become clear: Any long-term solution will depend on the willingness of Germany, Europe's largest economy, to shoulder much of the financial burden the debt crisis has created. German taxpayers, known for their thrift, have balked at underwriting what many see…

Educational equity is often discussed as a moral issue. Another way to think about equity is as a way to promote productivity and economic efficiency. Traditionally, equity and efficiency are viewed as competing goals. One can be fair in devising a policy, but often what is fair is not economically efficient. Conversely, what is efficient may not…

Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and post-secondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of specificity of human…

Business leaders have an acute understanding of the importance of a well-educated workforce to support a strong economy, keep America competitive globally, and ensure a vibrant democracy. Right now 20 percent of the American labor force is functionally illiterate or innumerate. High-quality child care and early education builds a strong foundation…

A college education has long been acknowledged as essential for both personal success and economic growth. But the measurable value of its nonmonetary benefits has until now been poorly understood. Walter W. McMahon, a leading education economist, carefully describes these benefits and suggests that higher education accrues significant social and…