Human capital

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Definition

Human capital is The part of organization's intangible assets which is embedded in people working in the organization and is based on people's knowledge, skills and competences

Summary

One paragraph.

Description

Human asset is a part of an organization's intangible assets (see Fig 1). It includes the knowledge, skills, competencies and qualifications of the people in the organization. It partly overlaps with organization's knowledge assets.

Human asset is terminology which refers to economical view of human resources. It means especially assets developed via investments in training or education with expectation that this investment enhances potential income earning of the organization.

Management of human assets

Development of human assets

Fig 1. Human asset as a part of organization's intangible assets.

References

Related articles

Asset (disambiguation)

Intellectual asset

Knowledge asset

Intellectual capital

Asset management