Human Capital Development in an Emerging Economy: The Experience of Shenzhen, China: Research Note

Human capital refers to the skills, knowledge and values that individuals acquire in formal schooling, in the workplace and in other settings that raise their productive capacity. In an increasingly global economy, investment in human capital is seen as one of the major strategies for enhancing the economic competitiveness of firms and nations and a major factor in determining the extent of economic polarization among social groups and nations.