Cognitive capital: the case for a construct

doi:10.14301/llcs.v1i3.96

Cited by 1 publication

(2 citation statements)

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“…These investments help pave the way to an economic prosperity characterized by the achievement of human potential." (Samson, 2016, p. 4) It is recognized that cognitive capital has overlap with cognitive function, intelligence, cognitive ability, cognitive capability, and cognitive reserve (Bynner & Wadsworth, 2010). Based on a series of lectures at the Nuffield Foundation in 2007 on determinants and consequences of cognitive ability in children, and related to a series of population-based surveys in the United Kingdom between 1946 and 2000 (Richards & Schoon, 2010), cognitive capital has been previously defined as: "[an] accumulating asset that can be drawn upon to create and to take advantage of opportunities and to sustain well-being, in response to environmental challenge and stress" (Richards & Deary, 2010, p. 198).…”

Section: Box 1 the Return From Cognitive Capitalmentioning

confidence: 99%

“…This definition captures the incremental weight of cognitive ability over time and its advantages for quality of life and responding to adversity. Subsequent papers touch on the importance of early childhood development (Schoon, Hope, Ross, & Duckworth, 2010), and discuss "capital" as an investment, educational or otherwise, with value in terms of future income from employment (Bynner & Wadsworth, 2010). But, the definition does not fully reflect the importance of investment in the early years when brain development is at a premium, nor does it relate sufficiently to the macroeconomic implications.…”

Section: Box 1 the Return From Cognitive Capitalmentioning

confidence: 99%

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What could cognitive capital mean for China's children?

Noble¹,

Martin²,

Qin³

et al. 2017

PsyCh Journal

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Cognitive capital is an emerging paradigm that captures the criticality of investing in children whilst neural proliferation and development of brain architecture are at their peak. Distinct from financial capital, cognitive capital represents investment in future human potential from interventions in nutrition, health, education, child protection, and social welfare systems that optimize brain development. The return on investment is significant given the plasticity of the developing brain in response to positive stimuli. Investment in brain development results in improved health and well-being, educational outcomes, skills, employment, and quality of life. The inverse is also true. Negative stimuli lead to depreciating cognitive capital, poorer mental and physical health and educational outcomes, and decreased life chances. Cognitive capital could be an organizing framework for China's next phase of development to ensure the building of a prosperous society. Through significant commitment from the government, China has seen remarkable improvements in under-five mortality, literacy rates, access to basic education, life expectancy, and gross domestic product in the past few decades as the result of an expansion of publicly funded social services. Yet, inequities remain within and across communities and regions. In 2015, China had a country ranking of 97 for gross national income per capita, highlighting remaining challenges across the whole population. Cognitive capital relies on a package of forward-looking policies that lead to equitable, efficient, and effective use of existing and future resources. This is consistent with the United Nations Convention on the Rights of the Child. Investments in interventions that maximize optimal brain development in children, realize children's rights, and contribute to future economic growth, defined as "cognitive capital," represent a significant opportunity for improving children's lives, nation-building, and future economic growth in China.

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Section: Box 1 the Return From Cognitive Capitalmentioning

confidence: 99%

Section: Box 1 the Return From Cognitive Capitalmentioning

confidence: 99%