Chapter 14: Human Capital Mobility in Developing Countries Under the Pandemic Times: Losses or Opportunities?

In today’s globalized and knowledge-driven economy, countries recognize the importance of human capital for their growth and development (Chand & Tung, 2019). Highly skilled migrants represent a strategic asset for organizations and countries due to the human capital they possess, i.e., knowledge, skills, experience, and skills (Becker, 1993; Collings, 2014; Schultz, 1981). This particular asset is considered a drive for technological development, innovativeness, and the economic and non-economic performance of both organizations and countries (Coff, 1997; Davidsson & Honig, 2003; Lazear, 2009; World Bank, 2018). High demand for human capital involved countries and organizations globally in the “war for talent” (Beechler & Woodward, 2009; Kerr, Kerr, Özden, & Parsons, 2016; Becker, Driffield, Lancheros, & Love, 2020; Michaels, Handfield-Jones, & Axelrod, 2001) under which countries and firms compete with each other in the attraction of the best and the brightest employees (Khilji, Tarique, & Schuler, 2015).