Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills.

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Learn more about how it works.

Investment in human capital has followed a similar logic and has come to be equated with more education meaning more higher education. Across much of the world, demand for higher education has soared, ...