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…

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…

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…

Purpose: Real gross domestic product (GDP) growth for Mauritius has averaged more than 5 per cent since 1970 and GDP per capita has increased more than tenfold between 1970 and 2012, from less than $500 to more than $9,000. It has often been reported that human capital, along with other growth enablers, has played an important role in this…

This chapter discusses the relationship between the labour market and vocational education and training in England. For decades British governments have emphasised the need for more people to stay longer in the formal education system and at the same time have attempted to improve work-based training. They have also emphasised the centrality of…

The article is devoted to some methodological features of modernization in modern education in the context of "the knowledge economy" development which is aimed at shaping new mental potential of the modern state. Features and prerequisites for the emergence of the knowledge economy, the priorities of which include the development and…

Effective investment strategies help companies form dynamic core organizational capabilities allowing them to adapt and survive in today's rapidly changing knowledge-based economy. This dissertation investigates three valuation issues that challenge managers with respect to developing business-critical investment strategies that can have…

This paper examines the quality of teaching and research in developing human resources to facilitate the development of tertiary education in the nation. It discusses the challenges and the roles of research in higher education. The author argues that the combination of content and pedagogical knowledge could help to develop human resources for…

The greatness of nations appears to be based on the level of their human capital development as the world continues its march in the knowledge economy. It has become imperative for Nigeria to remain competitive in the comity of nations in the production, transfer and utilisation of knowledge. The realisation of the importance of human capital…

Since the beginning of time, education has played a significant role in advancing societies, both technologically and socially. While economies around the world have fluctuated throughout history, the globe has continued to witness new discoveries, breakthroughs, and innovations; and with those have come higher living standards and an improved…

In the current evolving economic environment, developing and implementing effective processes to improve the skills and capability of employees are seen as central to improving individual, organizational and national performance and global competitiveness. Recognizing that universities and colleges are critical to their state's growth and economic…

The body of literature on the concept of the "knowledge economy" is both recent and rapidly growing, especially in the related fields of economics and management, yet both less recognised and less established in the field of education. It is a concept that has inspired many national governments and world policy institutions such as the OECD and…