Investment in Human Asset: For or Against

Abstract

Human asset investment as an essential tool for individual, household, firm and nation building has drawn wider attention due to increasing globalization in the world economy with the felt increasing need for higher earnings and productivity. Human asset investment has been considered to be one of the fundamental solutions to the challenges facing firm’s greater productivity and nation building in Nigeria and Africa as a whole. This study thus examined the relationship between human asset investment and organization performance from various critical perspectives with the aim to making necessary policy recommendations. The study adopts logical literature review technique to present a technical evaluation of the achievements that adds to the individuals, household, firms and countries that invest in human asset. This study concluded that those companies and nations which invest in human asset have the tendency to be more successful, profitable economically, tactically placed and generally have motivated employees which in addition leads to stable and better performing employees as compared to the firm’s and nations that are less insistent in human asset investment.