Human Capital Development and Organisational Competitiveness: A Theoretical Approach

Kelvin N. Agbakwuru and Oluwatobiloba M. Gbadero
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Kelvin N. Agbakwuru: PhD Student at Afe Babalola University, Ado-Ekiti, Ekiti State, Nigeria
Oluwatobiloba M. Gbadero: Master’s Student (M.Sc.) Marketing Management, Eastern Mediterranean University

International Journal of Research and Innovation in Social Science, 2021, vol. 05, issue 09, 705-709

Abstract: With the high level of competition in this knowledge-based economy, organisations are on a quest to increase their competitive edge over their various counterparts. This study examines the role human capital development plays in helping organisations achieve this feat. A theoretical approach was involved and the study was done via the perspectives of human capital and resource-based theories. The study concluded that the implementation of human capital development activities like training, development, education contributes greatly to the competitiveness of an organisation and recommends that organisations take seriously the development of their human capital if they are to survive the harsh competition prevalent in the Nigerian business environment.

Date: 2021
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