On-the-job training and firm productivity in Italy
Melvin Bellassai
On-the-job training and firm productivity in Italy.
Rel. Luigi Benfratello. Politecnico di Torino, Master of science program in Engineering And Management, 2025
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Abstract
The notion of human capital has been a prevailing issue in managerial and economic writings for the past several decades. In reality, ongoing employee learning is now a key component of corporate productivity improvement, as well as maintaining companies competitive in an increasingly rapid, technologically sophisticated environment. Although actual productivity gains from training are sometimes difficult to quantify and depend on several factors, such as the type of training, level of employee skills, and applicable economic conditions, the new digitalization and changing labor market needs call for more focus on training as a mechanism of innovation and adaptation. Perhaps the most contentious issue associated with workplace training is whether or not it is of any benefit to the individuals and to the companies that have sponsored such training.
Thus training increases human capital for the worker
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