The Impact of Inflow Foreign Direct Investment on the Local Human Capital Efficiency with the Role of Financial Deepening as Mediator: A Case of United Arab Emirates
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引用次数: 0
Abstract
Purpose: This research determines the impact of inflow foreign direct investment inflow foreign direct investment on the expanded concept of social and economic progress in the UAE, such as local human capital efficiency and financial deepening, which needs more clarification, while most of the studies focus on human capital in general.
Methodology: This study used a questionnaire based survey on a selected sample and used the SmartPLS 4 to analyze the data and conclude the results. With the help of quantitative techniques this data was collected from a sample of 8001 selected employees representing the DUBAI population. Only 376 were taken from those who had working experience in foreign companies in the UAE.
Findings: The results show that the inflow foreign direct investment has a significant positive relationship with the local human capital efficiency in the UAE. The role of the mediator in this study was significant and partial mediation with inflow foreign direct investment.
Recommendation: The most important question is about the availability of working in foreign companies. Also, the author mentioned that there is a gap in the human capital development study, and it has been recommended for future study.
期刊介绍：
The American Journal of Economics and Sociology (AJES) was founded in 1941, with support from the Robert Schalkenbach Foundation, to encourage the development of transdisciplinary solutions to social problems. In the introduction to the first issue, John Dewey observed that “the hostile state of the world and the intellectual division that has been built up in so-called ‘social science,’ are … reflections and expressions of the same fundamental causes.” Dewey commended this journal for its intention to promote “synthesis in the social field.” Dewey wrote those words almost six decades after the social science associations split off from the American Historical Association in pursuit of value-free knowledge derived from specialized disciplines. Since he wrote them, academic or disciplinary specialization has become even more pronounced. Multi-disciplinary work is superficially extolled in major universities, but practices and incentives still favor highly specialized work. The result is that academia has become a bastion of analytic excellence, breaking phenomena into components for intensive investigation, but it contributes little synthetic or holistic understanding that can aid society in finding solutions to contemporary problems. Analytic work remains important, but in response to the current lop-sided emphasis on specialization, the board of AJES has decided to return to its roots by emphasizing a more integrated and practical approach to knowledge.
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