Determination in Education Development Towards the Improvement of Human Capital Productivity: Systematic Literature Review

Abstract

A systematic literature review on education development towards improvement the of human capital is presented in this paper. It analyses the themes emerging from 20 articles identified through Scopus and the Web of Science database. The review was conducted using the Preferred Reporting Items for Systematic Reviews (PRISMA) approach which provides a comprehensive guideline for systematic review and data collection. The review included research studies published between 2018–2022. Development of education, quality of education, and productivity improvement were the three categories for the themes. This paper discusses these topics in depth and is presented in the literature review. Rather than reiterating the literature review and acknowledging the problem, an approach with a focus on innovative solutions to bridge a gap in education and human capital productivity was also presented. This study found that the labor force with low education levels should take the initiative to continue their studies. From an economic perspective, suggests that human capital investment affects economic development. Given its importance to the economy, any fluctuations in human capital production could hinder economic growth. Moreover, graduate employability is grounded on a strong sense of innovation, collaboration efforts, and government intervention for sustainable economic growth.