Human capital theory studies usually assume that experiences are translated into knowledge and skills. Vocational education is more experiential and experimental.
Human Capital Theory is clearly relevant to vocational education but it does not account for the mechnisms by which experiences are translated into vocational capabilities nore the best pedagogies for doing this. You can see our research on RG under this title:
How to teach vocational education: A theory of vocational pedagogy
Article The measurement of human capital as an alternative method of...
In the model presented and used in this article, there is a component of human capital whose source is the acquired professional experience. The learning factor in the formula of human capital from professional experience has a subjective character. Regards