Enhancing Human Capital Development through Higher Education
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Description
The economic growth of any nation is based on proper human capital development which relies heavily on educational training particularly on higher education. Some countries like Korea, Taiwan, Australia, USA most especially Japan have rapid economic growth due to huge investment in human capital through education. Our rich natural resources will remain dormant without a functional human capital base. Hence this paper therefore, focused on the human capital development through education in the country. Emphasis was laid on how higher education in the country can repositioned for development of human capital, importance and role of education were highlighted. Human capital development was explained as well as the meaning of human capital development which means improving on workers efficiency in the work place. Human capital development can help a nation to overcome many of the characteristics of the labour force that act as impediments to greater productivity such as illiteracy, lack of incentive, no receptiveness to new knowledge , poor health, fear of change and immobility.
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