Human capital has been considered as a critical resource for sustained competitive advantage.Human capital refers to the stock of competencies, knowledge and personality attributes embodied in a person to perform labour to produce economic value.It is the attributes gained by the workers and entrepreneurs through education and experiences. Previous contribution of human capital theory concentrated on workers for the purpose of improving the productivity of workers through imparting knowledge and skills to workers. Now the theory has been transferred to the field of entrepreneurship where human capital is considered as valuable resource, specifically the knowledge and skills which is considered as rare, inimitable and non substitutable essential for sustained competitive advantage. The current paper makes a study of human capital factors of entrepreneurs and its relationship with the perceptions of resources especially Information and Communication Technology which are considered inimitable and rare with special reference to engineering sectors in the district of Ernakulam. Also the study , identifies the important factors for human capital growth of workforce necessary for sustained competitive advantage. The proposed methodology adopted includes frequencies, simple percentage, and Chi square, and factor analysis are employed.
Vidhya Vinayachandran and Ambily A. S., “A Comparative Study of Human Capital among Entrepreneurs’ and Workers’ towards Sustained Competitive Advantage of MSME with reference to Engineering Sector, Ernakulam”, American International Journal of Research in Humanities, Arts and Social Sciences, vol. 22, no. 1, 2018.