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Human-Derived Capital: The Search for “Yeti” or an Evidence-Based Approach?

Human Capital and Assets in the Networked World

ISBN: 978-1-78714-828-4, eISBN: 978-1-78714-827-7

Publication date: 19 August 2017

Abstract

Much like “Yeti,” the Abominable Snowman whose footprints are everywhere but itself nowhere to be seen, unfounded assertions of human capital as valuable contributors to strategic success continue to proliferate. Many of these treatments are nonbinding, nonmeasureable, idiosyncratic, tautological, and therefore nearly impossible to use for any comparative market valuation. In this chapter, we selectively review the interdisciplinary literature on exemplars of human-derived capital. We systematically examine specific epistemological strengths, weaknesses, and gaps in recognized theories, measures, and practices. In particular, a multidisciplinary, multilevel, connectionist point of view is suggested. We present the case for an evidence-based classification system of human-derived capital at the micro-, meso-, and macro-levels. Our framework goes beyond static stock models by emphasizing dynamic human-derived capital flows, as well as their within-level and cross-level linkages, all within the context of a modern society that increasingly is networked, fluent with technology, and prodigious with social media.

Keywords

Citation

Youssef-Morgan, C.M., Poppler, P.P., Stark, E. and Ashley, G. (2017), "Human-Derived Capital: The Search for “Yeti” or an Evidence-Based Approach?", Russ, M. (Ed.) Human Capital and Assets in the Networked World, Emerald Publishing Limited, Bingley, pp. 293-343. https://doi.org/10.1108/978-1-78714-827-720171010

Publisher

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Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited