eprintid: 19151 rev_number: 2 eprint_status: archive userid: 1 dir: disk0/00/01/91/51 datestamp: 2024-06-04 14:11:36 lastmod: 2024-06-04 14:11:36 status_changed: 2024-06-04 14:05:01 type: book metadata_visibility: show creators_name: Sanusi, F.A. creators_name: Johl, S.K. title: Beyond Human Resource Capital Development: Is Sustainable Production the Next Approach? ispublished: pub note: cited By 0 abstract: The development of human resource capital (HRC) has been the focus of various segments of the countryâ��s economic activities. This is because the growth of the human capital stock depends to a certain degree on labour and productivity. Insufficient or lack of investment in the development of human capital will affect the skills, knowledge, and capacities of people within society. Historical evidence shows that industrialized economies are dependent on HRC to sustain rapid economic growth. Examples include the UK, the USA, the EU, Japan, and countries in the Pacific Asia region. There are correlations between the level of education and training and the quantum of economic growth. Hence, education and employee welfare services are both components of human capital development and contributory factors to economic growth. Hence, HRC has the capacity to increase an organizationâ��s investment choices and opportunities, which eventually improve the gross domestic product (GDP) through accelerated production for a sustainable global economy. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023. date: 2023 publisher: Springer International Publishing official_url: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85169371646&doi=10.1007%2f978-3-031-17203-8_40&partnerID=40&md5=66b3e4bd0ba1f37dd22e1ba9878a199a id_number: 10.1007/978-3-031-17203-8₄₀ full_text_status: none publication: Globalization, Human Rights and Populism: Reimagining People, Power and Places pagerange: 849-873 refereed: TRUE isbn: 9783031172038; 9783031172021 citation: Sanusi, F.A. and Johl, S.K. (2023) Beyond Human Resource Capital Development: Is Sustainable Production the Next Approach? Springer International Publishing, pp. 849-873. ISBN 9783031172038; 9783031172021