Access the full text.
Sign up today, get DeepDyve free for 14 days.
Xiaohui Wang, G. McLean (2007)
The Dilemma of Defining International Human Resource DevelopmentHuman Resource Development Review, 6
D. Ashton, F. Green (1996)
Education, training, and the global economy
H. Jain, P. Budhwar, A. Varma, C. Ratnam (2012)
Human resource management in the new economy in IndiaThe International Journal of Human Resource Management, 23
M. Srimannarayana (2009)
Measurement of Human Resource Activities in IndiaThe Indian Journal of Industrial Relations, 45
Madhu Singh (2001)
Reflections on Colonial Legacy and Dependency in Indian Vocational Education and Training (VET): A societal and cultural perspectiveJournal of Education and Work, 14
S. Kuruvilla, Aruna Ranganathan (2008)
Economic Development Strategies and Macro-and Micro-Level Human Resource Policies: The Case of India's “Outsourcing” IndustryIndustrial & Labor Relations Review, 62
B. Gummer (1990)
The Politics of Social Administration: Managing Organizational Politics in Social Agencies
K. King (2012)
The Cultural Challenge in India�s Massive Skills Development AmbitionsVikalpa: The Journal for Decision Makers, 37
Rashmi Agrawal, Indra Kumar (2014)
Role of Vocational Education in Shaping Socio-Economic Landscape in IndiaIndian Journal of Industrial Relations: Economics & Social Dev, 49
Tushar Agrawal (2012)
Vocational education and training in India: challenges, status and labour market outcomesJournal of Vocational Education & Training, 64
M. Srimannarayana (2010)
Human Resource Roles in IndiaThe Indian Journal of Industrial Relations, 46
D. McGuire, Maria Cseh (2006)
The development of the field of HRD: a Delphi studyJournal of European Industrial Training, 30
R. Swanson, Ed Holton (2001)
Foundations of Human Resource Development
Dominic Wilson, R. Purushothaman (2006)
Dreaming With BRICs: The Path to 2050
Stephen Gibb (2011)
Human Resource Development: Processes, Practices and Perspectives
Margaret Stevens (1996)
Acquiring skills: Transferable training and poaching externalities
K. Nagendra, S. Radha, C. Naidu (2013)
Enhanced Industrial Employability Through New Vocational Training Framework with Attitude-Skill-Knowledge (ASK) ModelJournal of Management and Research, 12
W. Loehr, J. Powelson (1981)
The economics of development and distribution
S. Mehrotra (2014)
Quantity and Quality: Policies to Meet the Twin Challenges of Employability in Indian Labor MarketIndian Journal of Industrial Relations: Economics & Social Dev, 49
J. Galbraith (1979)
The Nature of Mass Poverty
R. Frank (1991)
Microeconomics and behavior
P. O'Connell, G. Esping-Anderson (1991)
The Three Worlds of Welfare Capitalism.Social Forces, 20
K. King (2012)
The Geopolitics and Meanings of India's Massive Skills Development Ambitions.International Journal of Educational Development, 32
G. Becker, Zachary Dorner (2020)
Human CapitalProperty, Institutions, and Social Stratification in Africa
Richa Chaudhary, S. Rangnekar, M. Barua (2013)
Human Resource Development Climate in India: Examining the Psychometric Properties of HRD Climate Survey InstrumentVision: The Journal of Business Perspective, 17
M. Spence (1973)
Job Market SignalingQuarterly Journal of Economics, 87
Denise Jackson (2010)
An international profile of industry-relevant competencies and skill gaps in modern graduatesThe International Journal of Management Education, 8
M. Pilz, Dipl.-Kffr Pierenkemper (2014)
Apprenticeship Programs-Lessons from Germany and German Companies in IndiaIndian Journal of Industrial Relations: Economics & Social Dev, 49
S. Mehrotra, R. Raman, N. Kumra, Kalaiyarasan, Daniela Röß (2014)
Vocational Education and Training Reform in India: Business Needs in India and Lessons to be Learned from Germany. Working paper
G. Brunello, M. Paola (2004)
Market Failures and the Under-Provision of TrainingCESifo Working Paper Series
J. Sodhi (2014)
A Study of Skill Gaps in the Informal SectorIndian Journal of Industrial Relations: Economics & Social Dev, 49
K. Corby (1996)
Ashton, David and Francis Green. (1996). Education, Training and the Global Economy. Cheltenham, UK: Edward Elgar.Education Review
M. Mulder, T. Weigel, K. Collins (2007)
The concept of competence in the development of vocational education and training in selected EU member states: a critical analysisJournal of Vocational Education & Training, 59
Purpose – This paper aims to analyze the role of human capital (HC), human resource development (HRD) and vocational educational and training (VET) in the emerging Indian economy. How may we define the HC, HRD and VET in India? To what extent and how as HRD investments in India contributed to India’s recent economic development? What were the investments and what were the returns? Who invested and who obtained the returns? Is India really different from other countries? Design/methodology/approach – To achieve that goal, the authors use a model of the HC, HRD and VET national market. Specifically, they divide the analysis in four broad stages: stocks, investments and outcomes; supply, demand, price and quantity; needs; and private and public forces. Findings – The authors conclude that the India’s HC, HRD and VET have been growing and will have to grow even more, for India to become developed. Currently, the urgency is even greater in the HRD and VET side than in the education side. The government goals for 2022 are immense, and the raise in the HRD and VET in India that is aimed will effectively change India’s economy and society. Research limitations/implications – The authors only use secondary data. They believe that a deeper and very detailed study on all the States of India could be made, following this paper. Also, the analysis could be replicated for the other BRICS. Practical implications – India HRD and VET market is described as being one of the major India’s problems of today and promises of tomorrow. Social implications – Today, only around ten million of India’s citizens receive HRD and VET annually. This number is to be multiplied between 20 and 50 times. This change will change India’s economy and society. Originality/value – Also, the authors believe that the paper is original because it analyzes India’s HC, HRD and VET with a new conceptual model.
European Journal of Training and Development – Emerald Publishing
Published: Aug 3, 2015
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.