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Advances in Developing Human Resources
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Economics: Opportunity and Challenges for Human Resource Development

W. Clayton Allen

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

Mary Fischer

College of Business and Technology at the University of Texas at Tyler

Richard A. Swanson

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

The problem and the solution. Given the many organizational problems human resource development is expected to help solve and the many tools offered by economics, foundational direction for action can have high utility. This article concludes this issue by discussing the opportunity and challenges facing human resource development scholars and practitioners in integrating economics foundations into its theory building, research, and practice along with the potential gains.

Key Words: human resource development investments • human capital investments • work processes • economics of organization • economic theory and practice

This version was published on December 1, 2008

Advances in Developing Human Resources, Vol. 10, No. 6, 882-890 (2008)
DOI: 10.1177/1523422308324934
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