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A Systematic Literature Review of Human Capital and Education Policy 2014-2024

Received: 12 April 2025     Accepted: 23 October 2025     Published: 3 December 2025
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Abstract

Education has traditionally been viewed as an economic investment, a perspective that has strongly influenced policy agendas across the world. Yet this narrow focus on productivity often neglects education’s broader ethical, cultural, and social purposes. This study critically re-examines how the concept of human capital has evolved in higher education policy research from 2014 to 2024. Drawing on postmodern and intersectional perspectives, it explores how economic, cultural, and justice-oriented dimensions intersect in shaping contemporary understandings of education’s value. A systematic literature review was undertaken in line with established research protocols, analysing 43 peer-reviewed studies selected from 256 records. Bibliometric and network analyses were used to identify major thematic trends, influential authors, and institutional collaborations. Findings indicate that while the human capital framework remains dominant, recent scholarship has widened its scope to include social well-being, emotional development, and cultural participation. Evidence from varied national contexts shows that equity-oriented and context-responsive policies produce more sustainable and inclusive outcomes than market-driven approaches. The paper proposes a Tri-Anchor Framework connecting economic efficiency, cultural responsiveness, and intersectional equity, offering policymakers a conceptual tool to balance growth with inclusion. It concludes that higher education policy should move beyond productivity metrics towards advancing human flourishing, democratic participation, and long-term societal resilience.

Published in Higher Education Research (Volume 10, Issue 6)
DOI 10.11648/j.her.20251006.12
Page(s) 231-246
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2025. Published by Science Publishing Group

Keywords

Human Capital Theory, Education Policy, Postmodernism, Intersectionality, Systematic Literature Review, Cultural Responsiveness

References
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    Ma, Z. (2025). A Systematic Literature Review of Human Capital and Education Policy 2014-2024. Higher Education Research, 10(6), 231-246. https://doi.org/10.11648/j.her.20251006.12

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    Ma, Z. A Systematic Literature Review of Human Capital and Education Policy 2014-2024. High. Educ. Res. 2025, 10(6), 231-246. doi: 10.11648/j.her.20251006.12

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    Ma Z. A Systematic Literature Review of Human Capital and Education Policy 2014-2024. High Educ Res. 2025;10(6):231-246. doi: 10.11648/j.her.20251006.12

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  • @article{10.11648/j.her.20251006.12,
      author = {Zhi Ma},
      title = {A Systematic Literature Review of Human Capital and Education Policy 2014-2024
    },
      journal = {Higher Education Research},
      volume = {10},
      number = {6},
      pages = {231-246},
      doi = {10.11648/j.her.20251006.12},
      url = {https://doi.org/10.11648/j.her.20251006.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.her.20251006.12},
      abstract = {Education has traditionally been viewed as an economic investment, a perspective that has strongly influenced policy agendas across the world. Yet this narrow focus on productivity often neglects education’s broader ethical, cultural, and social purposes. This study critically re-examines how the concept of human capital has evolved in higher education policy research from 2014 to 2024. Drawing on postmodern and intersectional perspectives, it explores how economic, cultural, and justice-oriented dimensions intersect in shaping contemporary understandings of education’s value. A systematic literature review was undertaken in line with established research protocols, analysing 43 peer-reviewed studies selected from 256 records. Bibliometric and network analyses were used to identify major thematic trends, influential authors, and institutional collaborations. Findings indicate that while the human capital framework remains dominant, recent scholarship has widened its scope to include social well-being, emotional development, and cultural participation. Evidence from varied national contexts shows that equity-oriented and context-responsive policies produce more sustainable and inclusive outcomes than market-driven approaches. The paper proposes a Tri-Anchor Framework connecting economic efficiency, cultural responsiveness, and intersectional equity, offering policymakers a conceptual tool to balance growth with inclusion. It concludes that higher education policy should move beyond productivity metrics towards advancing human flourishing, democratic participation, and long-term societal resilience.
    },
     year = {2025}
    }
    

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    AB  - Education has traditionally been viewed as an economic investment, a perspective that has strongly influenced policy agendas across the world. Yet this narrow focus on productivity often neglects education’s broader ethical, cultural, and social purposes. This study critically re-examines how the concept of human capital has evolved in higher education policy research from 2014 to 2024. Drawing on postmodern and intersectional perspectives, it explores how economic, cultural, and justice-oriented dimensions intersect in shaping contemporary understandings of education’s value. A systematic literature review was undertaken in line with established research protocols, analysing 43 peer-reviewed studies selected from 256 records. Bibliometric and network analyses were used to identify major thematic trends, influential authors, and institutional collaborations. Findings indicate that while the human capital framework remains dominant, recent scholarship has widened its scope to include social well-being, emotional development, and cultural participation. Evidence from varied national contexts shows that equity-oriented and context-responsive policies produce more sustainable and inclusive outcomes than market-driven approaches. The paper proposes a Tri-Anchor Framework connecting economic efficiency, cultural responsiveness, and intersectional equity, offering policymakers a conceptual tool to balance growth with inclusion. It concludes that higher education policy should move beyond productivity metrics towards advancing human flourishing, democratic participation, and long-term societal resilience.
    
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