Human Capital Formation Function of Higher Education: A Scale Development Study

Year 2019, Volume: 5 Issue: 2, 146 - 162, 31.12.2019

Tuncer Fıdan , Mehmet Hilmi Koç

Abstract

This study aims to develop human capital scale for university students through a validity and reliability study and to test the theoretical classifications of human capital in the related literature. In the first stage, relevant literature was surveyed and conceptualizations of human capital were examined. In order to obtain expert opinions, the 30-item trial form was referred to the experts who had knowledge about the subject area and were informed about the study. The trial form was applied in the health vocational schools of two private foundation universities in Istanbul. After the exploratory factor analysis, seven items of the scale were removed and a 5-factor scale was obtained in the end. The items of scholastic capital and market-value capital loaded on the same factor. In addition, items related to cultural capital loaded on two separate factors. The items related to cultural activities and the family effect loaded on separate factors. The findings fully support the conceptualizations in the literature in terms of scope and partially support them in terms of dimensioning.

Keywords

Higher Education; Human Capital; Employability

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