Investing in Human Capital: Integrating Intellectual Capital Architecture and Utility Theory
نویسنده
چکیده
Decision models related to investments in human capital, based on the strategic role of Human Resources (HR), are affected by existing perspectives of Intellectual Capital Architecture (ICA) and Utility Theory (UT). With the purpose of supporting decision-making process by increasing its quality via better informing stakeholders, human capital investment decision is a crucial component of the core Human Resource Development (HRD) process, and is the focus of this paper, which analyzes the foundations and potential integration of the main elements of intellectual capital architecture and utility theory, by contrasting relevant and current literature on the topic with essential views and perspectives as support for a more strategic HR.
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Designing a Strategic Human Resources Management Pattern based on Intellectual, Cultural and Psychological Capitals
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