Research Institute for Human Capital and Development
The main goal of the Research Institute "Human Capital and Development" is to better understand the role of human capital worldwide - the human resource base in terms of the number of people and their changing structure by age, gender, place of residence, level of education, health status, cognitive skills, and participation in the "production" of human well-being.
The Research Institute for Human Capital and Development is an institute at WU and a key component of the "Wittgenstein Centre for Demography and Global Human Capital", founded in 2011. The WU Research Institute joins two other scientific institutions in the Wittgenstein Centre: the World Population Program of the International Institute for Applied Systems Analysis (IIASA), and the Vienna Institute of Demography (VID) of the Austrian Academy of Science (ÖAW). This collaboration merges existing strengths in the Vienna area in demography, human capital formation, and the analysis of returns to education, in order to establish a globally leading centre in these related fields. The Research Institute for Human Capital and Development also combines existing strengths in the fields of demography and economics.