Why Emotional Capital Matters in Education and in Labour? Toward an Optimal Exploitation of Human Capital and Knowledge Management

Approche pluridisciplinaire : économie et psychologie URL des Cahiers : http://mse.univ-paris1.fr/MSEFramCahier2004.htmCahiers de la Maison des Sciences Economiques, série rouge, n° 113, Paris : Université Panthéon-Sorbonne. ISSN 1624-0340From the perspective of the Chicago school, there is no behaviour that can not be interpreted as economic. In this paper, through our conceptual framework named “Emotional Capital” (EC), I discuss the assertion in the perspective of an optimal constitution and exploitation of Human Capital. In reference to emotional intelligence, I show that emotional capital, more than an additional capital, is a booster capital potentializing, which energizes or empowers the human, social and cultural capitals. EC is critical to enable human capital formation, accumulation and its optimal exploitation for individuals. Also, it is 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 organisations or companies successes as well, on the other hand.Nombre de recherches scientifiques ont mis en évidence l'importance des émotions dans les prises de décisions. Pour autant, cette dimension reste encore peu prise en compte dans les approches économiques. Pour cela, et en référence aux travaux sur l'intelligence émotionnelle, dans cet article nous nous proposons d'étudier l'impact et l'importance du capital émotionnel dans la constitution et l'exploitation optimale du capital humain chez les personnes et sur le Knowledge management dans les entreprises ou les organisations. A partir d'un modèle conceptuel du capital émotionnel, nous montrons que le capital émotionnel est un capital plus qu'additionnel. Il est un capital qui potentialise le capital humain, social et culturel des personnes et s'avère aujourd'hui crucial pour les entreprises et les organisations. Particulièrement, notre modèle permet d'apporter des éclairages sur les différences de réussite scolaire, de choix de carrière et de salaires hommes-femmes sur le marché du travail, ainsi que sur les différences de réussite entre structures organisationnelles

Why Emotional Capital Matters in Education and in Labour? Toward an Optimal Exploitation of Human Capital and Knowledge Management

Approche pluridisciplinaire : économie et psychologie URL des Cahiers : http://mse.univ-paris1.fr/MSEFramCahier2004.htmCahiers de la Maison des Sciences Economiques, série rouge, n° 113, Paris : Université Panthéon-Sorbonne. ISSN 1624-0340From the perspective of the Chicago school, there is no behaviour that can not be interpreted as economic. In this paper, through our conceptual framework named “Emotional Capital” (EC), I discuss the assertion in the perspective of an optimal constitution and exploitation of Human Capital. In reference to emotional intelligence, I show that emotional capital, more than an additional capital, is a booster capital potentializing, which energizes or empowers the human, social and cultural capitals. EC is critical to enable human capital formation, accumulation and its optimal exploitation for individuals. Also, it is 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 organisations or companies successes as well, on the other hand.Nombre de recherches scientifiques ont mis en évidence l'importance des émotions dans les prises de décisions. Pour autant, cette dimension reste encore peu prise en compte dans les approches économiques. Pour cela, et en référence aux travaux sur l'intelligence émotionnelle, dans cet article nous nous proposons d'étudier l'impact et l'importance du capital émotionnel dans la constitution et l'exploitation optimale du capital humain chez les personnes et sur le Knowledge management dans les entreprises ou les organisations. A partir d'un modèle conceptuel du capital émotionnel, nous montrons que le capital émotionnel est un capital plus qu'additionnel. Il est un capital qui potentialise le capital humain, social et culturel des personnes et s'avère aujourd'hui crucial pour les entreprises et les organisations. Particulièrement, notre modèle permet d'apporter des éclairages sur les différences de réussite scolaire, de choix de carrière et de salaires hommes-femmes sur le marché du travail, ainsi que sur les différences de réussite entre structures organisationnelles

Development and Assessment of the Personal Emotional Capital Questionnaire for Adults

(1) Background: The present study developed and evaluated a personal emotional capital questionnaire (PECQ) for adults that assessed 10 domains of personal emotional capital. (2) Method: Initially, 100 items were created and then administered to students attending Semnan University and Semnan University of Medical Sciences in Iran. Of the 700 questionnaires distributed, 527 were completed in full. Students were sampledusing the multi-stage random cluster method. Exploratory factor analyses, Cronbach’s alpha, and test–retest reliability were used to evaluate the scale. (3) Results: The ten components ofthe PECQ were confirmed. Test–retest correlations after 30 days were high, as was Cronbach’s alpha (0.94). Thecomponents highly correlatedwith overall emotional capital. The PECQ displayed convergent validity as it positively correlated with the Keyes’s Mental Health Continuum—Short Form and students’GPAs. The PECQ displayed divergent validity as it negatively correlated with measures of depression, anxiety and stress (Depression Anxiety and Stress Scale (DASS21)). Differences in overall PECQ scores and its components were examined for several variables including gender, age, marital and employment status, academic program, and field of study. PECQ scores were not sensitive to the order of administering questionnaires. (4) Conclusion: The results suggest that the PECQ is a valid and reliable measure of personal emotional capital and supports its use in adults.Arts and Social Sciences, Irving K. Barber Faculty of (Okanagan)Non UBCPsychology, Department of (Okanagan)ReviewedFacult

The Impact of Migration on Wages: Empirical Evidence from French Youth

This paper deals with the impact of migration on wages. We introduce a spatial dimension into the job search framework, so that the agent faces neither the same job offer distribution nor the same search costs when looking for a job inside his local labor market. This is in comparison to the agent searching outside his local labor market, where migration costs are a factor. We estimate wage equations in which we introduce the decision to migrate as a binary choice, and later as a polychotomic choice (stayer/mover from provinces to Paris/mover from provinces to provinces). We find no selection effect for people with low levels of education, and a positive selection effect for highly educated migrants. When we distinguish the migration destination for highly educated from provinces, we find a hierarchical effect, that is, the selection effect is higher for men who migrate to Paris than for those who migrate to other provinces. Copyright Blackwell Publishing, Inc. 2004