Generic and Specific Skills as Components of Human Capital: New Challenges for Education Theory and Practice

  title={Generic and Specific Skills as Components of Human Capital: New Challenges for Education Theory and Practice},
  author={Yaroslav Kuzminov and Pavel S. Sorokin and Isak D. Froumin},
  journal={Foresight and STI Governance},
Human capital theory in recent decades has become the basis for educational policy in many developed countries. Expert discussions, however, often undervalue research findings and developments related to this theory that since the 1970s have consistently enriched understanding of how human capital contributes to personal well-being and socioeconomic development of society as a whole. Educational policy lags behind these elaborations, which leads to a decline in the impact of education upon… 

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