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Why emotional capital matters in education and in labour? toward an Optimal exploitation of human capital and knowledge management

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Abstract

From the perspective of the Chicago school, there is no behaviour that is not interpretable as economic. In this paper, we discuss the assertion in the perspective of an optimal constitution and exploitation of Human Capital, through our conceptual framework named Emotional Capital (EC). Referring to emotional intelligence, we show that emotional capital, more than an additional capital, is a booster capital potentializing or energizing the human, social and cultural capitals, EC is critical to enable human capital formation, accumulation and, its optimal exploitation for individuals and crucial in knowledge management in the today's increasingly complex and competitive global workplace for companies and organisations. Our conceptual model enables to understand student academic success or failure on the one hand, the different occupational and jobs choices and career prospect between men and women, and organizations or companies successes as well, on the other hand.

Suggested Citation

  • Bénédicte Gendron, 2004. "Why emotional capital matters in education and in labour? toward an Optimal exploitation of human capital and knowledge management," Cahiers de la Maison des Sciences Economiques r04113, Université Panthéon-Sorbonne (Paris 1).
  • Handle: RePEc:mse:wpsorb:r04113
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    File URL: ftp://mse.univ-paris1.fr/pub/mse/cahiers2004/R04113.pdf
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    References listed on IDEAS

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    1. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    2. Samuel Bowles & Herbert Gintis, 2002. "Social Capital and Community Governance," Economic Journal, Royal Economic Society, vol. 112(483), pages 419-436, November.
    3. Raghuram G. Rajan & Luigi Zingales, 2001. "The Firm as a Dedicated Hierarchy: A Theory of the Origins and Growth of Firms," The Quarterly Journal of Economics, Oxford University Press, vol. 116(3), pages 805-851.
    4. Raghuram G. Rajan & Julie Wulf, 2006. "The Flattening Firm: Evidence from Panel Data on the Changing Nature of Corporate Hierarchies," The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 759-773, November.
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    Cited by:

    1. Bénédicte Gendron, 2006. "Emotional Capital and gender: differences between girls and boys at school and at work
      [Capital émotionnel et genre : ce capital qui fait aussi la différence entre les filles et les garçons à l'éco
      ," Post-Print halshs-00129665, HAL.
    2. Bénédicte Gendron, 2007. "Des compétences au capital émotionnel et bien-être et mal-être au travail des enseignants," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00264720, HAL.
    3. repec:hal:journl:halshs-00193213 is not listed on IDEAS

    More about this item

    Keywords

    Human capital; emotional capital; skills; occupational choice; economics of gender; economics education; education; labour; knowledge management; organizational behaviour; personnel management; labour management;

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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    1. Emotional competence in Wikipedia English ne '')
    2. Mental capital in Wikipedia English ne '')

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