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Introduction—What Kind of an Asset Is Human Capital, How Should It Be Measured, and in What Markets?

In: Management, Valuation, and Risk for Human Capital and Human Assets

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  • Meir Russ

Abstract

The effective employment and deployment of intellectual capital and human assets in organizations is widely recognized as a critical characteristic of successful economies and establishments. Their abilities to respond to changing environments, to “learn,” and to be efficient and competitive all depend, to some extent, on the individuals within their boundaries. The leading and management of those individuals in a way that is consistent with the goals and policies of the organization creates value for it and results in the developement of human capital as an asset, which is the focus of this book. Many organizations and their executives realize that the most critical (if not the only) source of competencies, capabilities, and sustainable competitive advantage is having the ability to attract, retain, develop, and manage their human assets and talent.

Suggested Citation

  • Meir Russ, 2014. "Introduction—What Kind of an Asset Is Human Capital, How Should It Be Measured, and in What Markets?," Palgrave Macmillan Books, in: Meir Russ (ed.), Management, Valuation, and Risk for Human Capital and Human Assets, pages 1-33, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-35572-0_1
    DOI: 10.1057/9781137355720_1
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    Citations

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    Cited by:

    1. Miguel Alzola, 2018. "Decent Work: The Moral Status of Labor in Human Resource Management," Journal of Business Ethics, Springer, vol. 147(4), pages 835-853, February.
    2. Russ, Meir, 2016. "The probable foundations of sustainabilism: Information, energy and entropy based definition of capital, Homo Sustainabiliticus and the need for a “new gold”," Ecological Economics, Elsevier, vol. 130(C), pages 328-338.
    3. Meir Russ, 2021. "Knowledge Management for Sustainable Development in the Era of Continuously Accelerating Technological Revolutions: A Framework and Models," Sustainability, MDPI, vol. 13(6), pages 1-32, March.

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