Examlex
The five basic skills required by every researcher are: the ability to generate ideas for research projects; the ability to identify, source and use appropriate literature; the ability to develop research projects with a good fit; the ability to gather and analyse data; and the ability to write well, to be able to communicate clearly, thoroughly and simply through writing.
Labour Market Value
The value that the labor workforce adds to the production of goods or services, often reflected in the wages that employers are willing to pay for specific skills or jobs.
Firm-specific Human Capital
The unique skills, knowledge, and abilities that employees develop through working at a specific firm, contributing to its competitive advantage.
Generic Human Capital
Skills and knowledge that are not specific to a particular job or company but are valuable across different roles and industries.
Human Capital Theory
An economic theory which posits that investing in education and training enhances the productivity and efficiency of individuals, hence contributing to a country's economic development.
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