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Advances in Developing Human Resources
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Human Capital and Screening Theories: Implications for Human Resource Development

Rita L. Dobbs

Development and Technology at The University of Texas at Tyler

Judy Y. Sun

School of Human Resource Development and Technology, College of Business and Technology, The University of Texas at Tyler

Paul B. Roberts

University of Texas at Tyler

The problem and the solution. Human capital theory is a well-accepted foundation of human resources development (HRD) research and practices. Screening theory is equally foundational to HRD. This article presents and compares the two seemingly contrasting theories in economics. The origins, evolution, and current states of research on both theories are explored. The focus of the article is to identify their foundational role in, and implications for, HRD research and practice.The article shows that the two theories are complementary and have important implications for HRD theory building, research, and practices.

Key Words: human capital theory • screening theory • HRD theory building

This version was published on December 1, 2008

Advances in Developing Human Resources, Vol. 10, No. 6, 788-801 (2008)
DOI: 10.1177/1523422308325761
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 Advances in Developing Human ResourcesHome page
G. G. Wang and R. L. Dobbs
Institutional Economics and Human Resource Development
Advances in Developing Human Resources, December 1, 2008; 10(6): 770 - 787.
[Abstract] [PDF]