A Systemic Review on Human Capital Investment: The Context of Jordan

Abstract

This study connects human capital investment to innovation, and the findings demonstrate that doing so promotes economic development. After a comprehensive examination of the current literature and the usage of relevant academic-based research databases, 73 papers published in peer-reviewed journals in the previous decade were investigated and assessed using established systematic literature review processes. Human capital development is one way to promote economic growth and competitiveness by using the country's human resources, and four key pillars have been identified (HOPE). Furthermore, the study found that Jordanian culture is particularly relevant to all four pillars, suggesting that it can build innovative human capital and ensure economic success. The conclusions of this study will be valuable to Jordanians and the Arab world as a whole since most people are ignorant of the importance of human capital in economic progress. This article looks at how innovation and human capital investment may help Jordan's culture and economy grow.