Human Capital And Competitive Advantage Of The Industral Business

Abstract

This study aims to examine the effect of human capital on competitive advantage of industrial business. The objectives of the study were to study the level of human capital in the industry business, to study the performance result of the industry business and study on the relationship between human capital and the performance result of industry business. The researcher used questionnaire as a tool for data collection from 395 samples of industry in Rayong province, Thailand. Analysis was conducted using structural equation modelling. The statistical results from factor analysis found that all three aspects are appropriate measurements of human capital; Intellectual capital, Social capital, and Emotional capital. Also, the results of factor analysis found that all four aspects are appropriate measurements of competitive advantage; financial perspective, customer perspective, internal business process and learning and growth perspective. The study found that all three group dimensions of human capital are positively related to competitive advantage.