Firm-specific human capital takes time to develop into generic human capital.

Name: Firm-specific human capital takes time to develop into generic human capital.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Firm-specific human capital refers to skills and knowledge that are valuable only within a specific organization, whereas generic human capital refers to skills and knowledge that are transferable and valuable across different organizations. They are distinct concepts and one does not develop into the other over time.

Firm-Specific Human Capital Takes Time to Develop into Generic Human