Different between human capital and physical capital??
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Simply put, the human capital of any given venture is the economic value that its employees add to it (1). Physical capital, on the other hand, refers to all tangible, non-human, and man-made resources utilized in the production processes of goods and services.
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hear is your answer..
Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production.
Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.
Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production.
Human capital refers to stock of knowledge, talent, skills and abilities brought in by the employee, to the organization.
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