Human Capital: Education, Training, Skills as Economic Development Strategies

Grants and Contracts Details

Description

Human capital research is at the intersection of education, business, and economics. This project examines strategies for education as intellectual foundations, training to develop competencies as a strategy to address skill gaps, the evolving nature of work, and strategies for developing technical, knowledge-based hard skills and values-based soft skills.

Key findings

Broad in scope, active, hands-on, project-based, and service learning methods help students and trainees internalize skills and knowledge more deeply than lecture- and demonstration-based instruction alone. Strategic partnerships between education, business, and industry groups are powerful in addressing skill gaps: By working together (locally, regionally, and nationally) to define new and evolving skill needs and developing curricula and training plans, learners develop skills conducive to life-sustaining earnings and the intellectual foundations to chart a path of lifelong learning and growth.
StatusActive
Effective start/end date3/25/15 → …

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 4 - Quality Education
  • SDG 8 - Decent Work and Economic Growth
  • SDG 17 - Partnerships for the Goals

Keywords

  • education
  • human capital
  • training
  • skill gaps
  • economics
  • economic development
  • constructivism
  • constructionism
  • project-based learning
  • service learning
  • strategic partnerships
  • strategy

ASJC

  • Economics, Econometrics and Finance (all)
  • Strategy and Management
  • Education
  • Organizational Behavior and Human Resource Management

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