Human Capital

List of Articles Human Capital

Open Access Article
- Abstract Page
- Full-Text
1 - Technological Absorption Capacity of the Iranian Economy
Behzad Salmani Firuz Fatahi Parviz Mohammadzade Akbar Anrajani Khosroshahi

It is widely acknowledged that relying solely on physical capital and labor as main sources of the economic growth would cause countries to lag behind others in the process of sustainable development, and the productivity improvement through technological advancements i More

It is widely acknowledged that relying solely on physical capital and labor as main sources of the economic growth would cause countries to lag behind others in the process of sustainable development, and the productivity improvement through technological advancements is the only way that ensures the continued economic growth. So, it is important to study the economy’s potential of technological innovations and capacity of technology absorption in order to allocate the scarce recourses efficiently. Therefore, the main objective of this study is to investigate the capacity of technology absorption in the Iranian Economy. To that end, using data from the Iranian economy over the period 1347-1390, the technological absorption capability hypothesis of Teixeira and Fortuna (2010) has been tested. According to this hypothesis, the existence of adequate human capital could help the economy to absorb the technological spillovers caused by FDI, importing capital goods, and the collaborations between countries. Furthermore, this hypothesis states that the higher is the R&D expenditures, the higher is the technological absorption capability. Using the co-integration method of Johansen and Juselius (1990), it is found that the existence of adequate human capital in Iran has enhanced the technological absorption capability of the Iranian economy. However, the R&D expenditures have no significant effect on the absorption capability of the Iranian economy. In sum, the Iranian economy can benefit from the technological spillovers because of its capabilities to absorb the new technologies. Manuscript profile
Open Access Article
- Abstract Page
- Full-Text
2 - The Effects of Technology Spillover Resulted from Foreign Direct Investment on the Industry Performance
Abolfazll Shahabadi Seyed Arash Valinia Zahra Ansari

According to many economists, since the multinational enterprises entering the host economy have relatively more modern technologies than domestic firms, developing countries can reduce their technological gap through FDI inflow channel. It should be noted that the tech More

According to many economists, since the multinational enterprises entering the host economy have relatively more modern technologies than domestic firms, developing countries can reduce their technological gap through FDI inflow channel. It should be noted that the technology spillover of foreign investors is a function of domestic capacity for absorbing these technological spillovers. Considering the determining role of industry sector in the world economy, the goal of present study is to investigate the spillover effects of foreign investment from technological perspective, on the performance of industry sector of Iran during 1995-2009 years, in form of development plans. The results of the study show that during the second development plan a considerable correlation did not exist among improving the human capital (as the absorption capacity criteria), absorbing the foreign investment, spillover effects, and the industry sector performance. While in the third development plan, the mentioned correlations were significant. The reasons for the above mentioned significant correlations are as follows: policy requirements of the third plan about improving the research and development in macro-level of the economy, passing new laws of protecting and spreading the foreign direct investment in 2002. It is worth noting that while the above mentioned correlations had improved during the fourth development plan compared to the second plan, it shows weaker performance in comparison with the third plan. As a result, it should be noted that the mentioned correlations in industry sector were not significant during 1995-2002 years. Manuscript profile
Open Access Article
- Abstract Page
- Full-Text
3 - Identifying the Effective Factors of Fast-Growth Companies: The Case of “Behestan Daru” Co..
Hojatollah Moradi pour Hamid Hoseinloo

The objective of this paper is to identify the factors affecting the fast-growing companies. Based on the conceptual framework and literature review, this paper reviews four dimensions identified as the main factors of fast-growing companies. They comprise leaders’ char More

The objective of this paper is to identify the factors affecting the fast-growing companies. Based on the conceptual framework and literature review, this paper reviews four dimensions identified as the main factors of fast-growing companies. They comprise leaders’ characteristics, opportunity awareness, innovation and human capital. A questionnaire is used to collect data. The sample frame that will be used for the research will be the managers and employees with minimum six years of experience in the Behestan Daru Company. The techniques of the study were employed to analyze the data including Student's T test; analyzing Correlation and Friedman rank test. The results of this paper show that the above four dimensions have positive and significant effects on the fast-growing company. Furthermore, from the managers’ viewpoints, the factors are ranked according to their relative importance as follows: leaders’ characteristics, human capital, opportunity recognition and innovation while from the employees’ viewpoint they are ranked in the following order: leaders’ characteristics, opportunity awareness, human capital and innovation. Thus each of these sub-branches of the factors that can also be important from the perspective of their managers and experts are outlined as: Production and delivering new products, creative entrepreneurs, people with characteristics fitting the job description, an assessment of managers and staff periodically, circumstances, environment, management's ability to perceive entrepreneurial opportunities, identifying the potentials, experience in the organization, and entrepreneurial experience. In this study the conceptual framework of indicators that is another indicator of the interviewed managers and the experts was asked including communication, age, empowerment and financial capacities, organizational cultures, which are all influencing the fast growth. Manuscript profile

Current Issue

Published Issues

Menu

Browse

List of Articles Human Capital