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Human capital is a scarce factor that has to be efficiently allocated and managed within the corporation. Its value to the firm and to the holder depends on its allocation. This article illustrates the specific problems of a large multinational corporation in a mature industry but attempts to identify more general implications for a broader range of production.
Human capital is a scarce factor that has to be efficiently allocated and managed within the corporation. Its value to the ... Show Full Abstract
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Authors: Eliasson, Gunnar; Vikersjo, Kurt Date: 1997 Geographic subjects: Europe Journal title: Vocational training European journal Resource type: Article Subjects: Workforce development; Skills and knowledge; Employment |
VITAL Object
VOCEDplus is produced by the National Centre for Vocational Education Research (NCVER), which together with TAFE South Australia, is a UNESCO regional Centre of Excellence in technical and vocational education and training (TVET). VOCEDplus receives funding from the Australian Government Department of Education, Employment and Workplace Relations (DEEWR).