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Exploring human capital: putting ‘human’ back into strategic human resource management
Author(s) -
Wright Patrick M.,
McMahan Gary C.
Publication year - 2011
Publication title -
human resource management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.44
H-Index - 77
eISSN - 1748-8583
pISSN - 0954-5395
DOI - 10.1111/j.1748-8583.2010.00165.x
Subject(s) - human capital , human resource management , business , strategic human resource planning , human resources , knowledge management , field (mathematics) , capital (architecture) , industrial organization , management , economics , computer science , economic growth , geography , mathematics , archaeology , pure mathematics
The field of strategic human resource management has seemingly rediscovered human capital with increasing research focused on human capital as a mediator in the relationship between HR practices and performance. In this paper we review human capital definitions and measurement approaches within this literature. We then identify some of the issues emerging with human capital research. Finally, we propose some future directions for research on human capital in organisations.