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Human Capital Theory Suggests That It Takes Time for Investments

Question 136

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Human capital theory suggests that it takes time for investments in human capital to produce financial or productivity-based returns to the firm.Discuss the reasons for this,providing examples.?or?Human capital theory suggests that it takes time for investments in human capital to produce financial or productivity-based returns to the firm and that human capital generally comes to the firm in the form of generic human capital,which over time develops into firm-specific human capital.Define and provide an example of generic human capital and firm-specific human capital.

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Generic human capital represents the kno...

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