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  • 1. Human Capital and the Use of Time Archived
    Articles and reports: 11F0019M1995079
    Geography: Canada
    Description:

    The key hypothesis of this paper is that time use data bases make possible a broader view of the benefits and costs of human capital than is otherwise possible. This achievement is enabled by a set of integrated information on not only educational attainment but also on time devoted to formal and informal study, to paid and unpaid work of economic value, to work of civic value, to leisure activities, and to the educating of children by parents. It is argued that such information is central to human capital theory, though much of it, especially on the leisure costs of investment in human capital, has been hitherto ignored. This new information is important because it can be used to inform the debate over the key issues in this field -- for example, the value of increased public support to formal education -- by measuring previously overlooked aspects of the benefits and costs of investment in human capital.

    Release date: 1995-07-30
  • 2. Human Capital Development and Innovation: The Case of Training in Small and Medium Sized Firms Archived
    Articles and reports: 11F0019M1995074
    Geography: Canada
    Description:

    This study examines the characteristics of small and medium-sized firms that perform training. It uses data taken from a recent Statistics Canada survey that permit firms' training decisions to be analyzed within the broader context of their many activities and strategies.

    The study finds strong evidence for the hypothesis that human capital development facilitated by training is complementary to innovation and technological change. Training incidence is found to be closely related to the importance that a firm gives to research and development, the use of new technologies, and numerous other strategies that are related to innovation. Training is also greater where a firm emphasizes quality and a comprehensive human-resource strategy. The results point to the inherent complementarity of technology and human resources policy.

    Release date: 1995-03-30
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  • 1. Human Capital and the Use of Time Archived
    Articles and reports: 11F0019M1995079
    Geography: Canada
    Description:

    The key hypothesis of this paper is that time use data bases make possible a broader view of the benefits and costs of human capital than is otherwise possible. This achievement is enabled by a set of integrated information on not only educational attainment but also on time devoted to formal and informal study, to paid and unpaid work of economic value, to work of civic value, to leisure activities, and to the educating of children by parents. It is argued that such information is central to human capital theory, though much of it, especially on the leisure costs of investment in human capital, has been hitherto ignored. This new information is important because it can be used to inform the debate over the key issues in this field -- for example, the value of increased public support to formal education -- by measuring previously overlooked aspects of the benefits and costs of investment in human capital.

    Release date: 1995-07-30
  • 2. Human Capital Development and Innovation: The Case of Training in Small and Medium Sized Firms Archived
    Articles and reports: 11F0019M1995074
    Geography: Canada
    Description:

    This study examines the characteristics of small and medium-sized firms that perform training. It uses data taken from a recent Statistics Canada survey that permit firms' training decisions to be analyzed within the broader context of their many activities and strategies.

    The study finds strong evidence for the hypothesis that human capital development facilitated by training is complementary to innovation and technological change. Training incidence is found to be closely related to the importance that a firm gives to research and development, the use of new technologies, and numerous other strategies that are related to innovation. Training is also greater where a firm emphasizes quality and a comprehensive human-resource strategy. The results point to the inherent complementarity of technology and human resources policy.

    Release date: 1995-03-30
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