Data from a field study of 57 technology firms were used to test relationships among physical, human, and social capital to intellectual capital; intellectual capital, in turn, was linked to firm innovation. The results indicate that a firm’s rate of innovation is a function of the level of intellectual capital, which in turn, is predicted based on the level of physical, human, and social capit...

Individuals differ in both inherited and acquired abilities, but only the latter differ among countries and time periods. Human capital analysis deals with acquired capabilities which are developed through formal and informal education at school and at home, and through training, experience, and mobility in the labor market. Just as accumulation of personal human capital produces individual eco...

introduction: increase of environmental challenges inevitably changes our methods; challenges such as rapid change, diversity of workforce, globalization, evolution and transformation of business and family roles, lack of skills and emergence of service sector affect not only the organizational structure but also the nature and functional role of business. in response to these environmental cha...

We provide an alternative model for evaluating science and technology projects and programs. Our approach, a "scientific and technical human capital" (S&T human capital) model, gives less attention to the discrete products and immediate outcomes from scientific projects and programsthe usual focus of evaluationsand more attention to scientists' career trajectories and their sustained ability to...

The international mobility of healthcare professionals is a well-documented phenomenon that has dynamic effects on global healthcare, labor markets, and the world economy. One aspect of this phenomenon—the movement of international medical graduates (IMGs) to the United States for residency training is often criticized because of the “brain drain” from their home countries. We propose a differe...

This paper investigates the output gap between the formal and informal sectors in three Western African countries: Benin, Mali and Senegal. Using original matched employer-employee databases, we find evidence of low physical and human capital returns in these countries when considering the informal sector. There is also evidence that these economies are deeply cleaved between productive and non...

This study does not simply count the number of migrants, it also examines the attributes of migrants to determine the human capital, or productive skills, they possess and are willing to provide to the market. Each person, due to characteristics such as education and work experience, has a different level of skill. While there is no way to identify exactly how much human capital a person posses...

In the transition to a market economy we examine the relationship between inherited human capital structures and the evolution of unemployment within a two-sector model of endogenous restructuring. We find evidence across Polish regions for the predictions of our theory. The inherited dominance of ineffective human capital in eastern regions of Poland has delayed restructuring, reduced unemploy...

We investigate the optimal design of bank regulation by developing a tractable general equilibrium model of competitive banks who are exposed to idiosyncratic and aggregate risk. A comparison of the autarkic equilibrium allocations with the efficient allocations reveals that the autarkic economy underinvests in production when aggregate risk is below a threshold, but overinvests in production w...

BACKGROUND AND PURPOSE In planning to meet evidence based needs for radiotherapy, guidelines for the provision of capital and human resources are central if access, quality and safety are not to be compromised. A component of the ESTRO-HERO (Health Economics in Radiation Oncology) project is to document the current availability and content of guidelines for radiotherapy in Europe. MATERIALS A...