Investment in Training: Productivity and Human Capital Value

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F14%3A00002189" target="_blank" >RIV/46747885:24310/14:00002189 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Investment in Training: Productivity and Human Capital Value
Original language description
The aim of the paper is to illustrate importance of investment into employees´ training on the evidence from EU countries and the Czech Republic and its effects on their productivity and increase of human capital value. As Becker (1993) points out, manyworkers increase their productivity by learning new skills and perfecting old once while on the job. This investment can be very profitable however also risky because this value leaves a firm in case an employee decides to leave a job. Trained employeesrepresent a competitive advantage for a firm however it is very important to invest in it effectively. Ineffective education and training can cause skills or education mismatch. Importance of training is presented and evaluated on secondary data from Eurostat as well as primary data collected between part-time student of the Faculty of Economics in Liberec and selected Czech companies. Results are analysed based on human capital theory as well as other alternative approaches are mentione
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings International Days of Statistics and Economics
ISBN
978-80-86175-87-4
ISSN
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e-ISSN
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Number of pages
11
Pages from-to
1-11
Publisher name
Vysoká škola ekonomická
Place of publication
Praha
Event location
Vysoká škola ekonomická, Praha
Event date
Jan 1, 2014
Type of event by nationality
CST - Celostátní akce
UT code for WoS article
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