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Human Capital

Human capital refers to the knowledge, skills, and abilities of a workforce that contribute to the economic value of a business. In other words, human capital is the collective knowledge, experience, and expertise of a company's employees. It can include things like technical skills, problem-solving abilities, creativity, and emotional intelligence.

Businesses invest in human capital by providing training and development opportunities for their employees, which can help them become more productive and innovative. A high level of human capital is often associated with higher productivity, better decision-making, and increased competitiveness in the market. It's an important factor in the success of any business, particularly in knowledge-based industries like technology, finance, and healthcare.

See also

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