1887

n African Journal of Science, Technology, Innovation and Development - Notes from the Editors

Volume 4, Issue 2
  • ISSN : 2042-1338
  • E-ISSN: 2042-1346
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Abstract

The term human capital was invented by the economist Theodore Schultz in the 1960s to express the contribution of differentiated human capacities and skills. The concept was defined, like any other capital, as a correlation between labour and skills that humans have in relation to how they are able to build capacities through education, training and skills upgrading to bring about improvement in the quality and level of production. Human capital development is critical to reduce unemployment, particularly among youth. In many African countries training for human capital building is critical. It appears that coordination and linkages amongst the production of the skilled and educated trainee remains a big challenge to many African countries. Human capital is one of the critical factors for building the national system of innovation in Africa and Africa needs an education revolution to create a human capital foundation that can sustain a robust system of innovation. It also needs to launch an engineering and design revolution. The science, technology and engineering revolution can serve as a spring board for re-designing an African development agenda where agriculture, manufacture and services are interlinked in the African national economic space. The goal is to expand the industrial foundation of a strong and integrated African economy.

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/content/aa_ajstid/4/2/EJC132173
2012-01-01
2019-11-16

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