Exploring Human Capital Investment in West Sumatra Indonesia

Description

The important part of human capital investment is to involve economic growth, especially concern today after the COVID-19 pandemic. The purpose of this study is to explore the factors influencing human capital investment among people in West Sumatra on several levels of social status. This study adopted a case study approach to investigate human capital investment among people in west Sumatra on several levels of social status. The first two participants were from cultural and academic backgrounds, while the third was a farmer from the general public. The data were collected for seven months through observations, interviews, and documents until saturated. This study found that there are three major indicators formed related to human capital investment, namely human capital obtained from the similarity of statements from the four research informants stating cultural factors in Minangkabau that encourage a person to invest in human capital, especially in the field of education. The second indicator found is the relationship between the concept of out-migration (merantau) and family education. The last indicator is that the socio-economic status of Minang families will be indirectly raised due to investment in education for their children. The novelty element of this research is that it highlights how the matrilineal social and cultural system adopted by the Minangkabau ethnic group in Indonesia views the importance of investing in human resources for their children's future. This research elaborates its discussion from the economic, socio-cultural, and educational perspectives.

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The type of research used in this article is research with a qualitative and qualitative approach with the type of research that is a Case Study to investigate human capital investment among people in West Sumatra at several levels of social status. In this research, the author collects data and describes the phenomenon of human capital investment for ethnic Minangkabau in West Sumatra. Researchers used a qualitative approach with steps, namely describing exploratively and in detail the phenomenon of investment in human capital in ethnic Minangkabau in West Sumatra. The analysis process carried out in this study utilizes NVIVO 14 software. This application is used to overcome problems in qualitative research. The use of NVIVO 14 will assist researchers in organizing non-numeric data such as text or visual. Furthermore, NVIVO can help researchers to speed up and simplify the data organization process. In addition, it is also able to separate data sourced from informants and those sourced from secondary sources (books, research reports, articles, proceedings, and so on). The research data were collected based on observations in the field and interviews conducted with four participants who are ethnic Minangkabau residents who come from different social statuses. The first informant is named Almasri, a retired teacher, the second informant is a customary leader often referred to as Datuak named Datuak Indo Alam, the third informant comes from among the culturalists and writers of books on Minangkabau culture named Irwan Setiawan and the fourth informant is an academic named Adek Cerah Kurnia Aziz.

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