Measuring Human Capital in Small and Medium Manufacturing Enterprises: What Matters?

Measuring Human Capital in Small and Medium Manufacturing Enterprises: What Matters? This study proposes a framework that quantifies and integrates both the tangible and intangible aspects of HC to comprehensively measure the overall level of human capital index (HCI) in small and medium manufacturing enterprises (SMEs). Data were collected from 100 SME experts through the use of questionnaires in two stages. The data collected were first, used for selection purpose, and second, for the prioritization of relevant dimensions and sub-dimensions of HC. The analytic hierarchy process was adopted to prioritize and assign dimension and sub-dimension weights to HC to derive the HCI. The results indicate that not all dimensions and sub-dimensions of HC are important for the HCI. Namely, the HCI can be best represented by 9 dimensions and 35 sub-dimensions of HC. The core dimensions are experience, skills, education, abilities and training. Indeed, within experience, the main sub-dimensions are work-related experience and organizational tenure. The results suggest the importance of experience relative to skills and education. The proposed framework can also be applied to derive industry specific HCI. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Social Indicators Research Springer Journals

Measuring Human Capital in Small and Medium Manufacturing Enterprises: What Matters?

Loading next page...
 
/lp/springer_journal/measuring-human-capital-in-small-and-medium-manufacturing-enterprises-Uni0FjwnDG
Publisher
Springer Netherlands
Copyright
Copyright © 2017 by Springer Science+Business Media Dordrecht
Subject
Social Sciences; Sociology, general; Quality of Life Research; Microeconomics; Public Health; Human Geography; Quality of Life Research
ISSN
0303-8300
eISSN
1573-0921
D.O.I.
10.1007/s11205-017-1601-9
Publisher site
See Article on Publisher Site

Abstract

This study proposes a framework that quantifies and integrates both the tangible and intangible aspects of HC to comprehensively measure the overall level of human capital index (HCI) in small and medium manufacturing enterprises (SMEs). Data were collected from 100 SME experts through the use of questionnaires in two stages. The data collected were first, used for selection purpose, and second, for the prioritization of relevant dimensions and sub-dimensions of HC. The analytic hierarchy process was adopted to prioritize and assign dimension and sub-dimension weights to HC to derive the HCI. The results indicate that not all dimensions and sub-dimensions of HC are important for the HCI. Namely, the HCI can be best represented by 9 dimensions and 35 sub-dimensions of HC. The core dimensions are experience, skills, education, abilities and training. Indeed, within experience, the main sub-dimensions are work-related experience and organizational tenure. The results suggest the importance of experience relative to skills and education. The proposed framework can also be applied to derive industry specific HCI.

Journal

Social Indicators ResearchSpringer Journals

Published: Mar 24, 2017

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off