HUMAN CAPITAL AND ITS INFLUENCE ON ECONOMIC DEVELOPMENT.

Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie

卷:1

MONICA BOLDEA¹  MICULESCU ANDRA¹ 

[1] FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, WEST;

关键词: education;    human capital;    social capital;    psychological capital;    investment;    economic growth;   

DOI  :  

来源: DOAJ

【 摘 要 】

The present paper had as starting point the idea according to which human capital and investment in humancapital, and respectively investment in education, can be considered key determinant of economic growth anddevelopment. Our paper draws attention to the conditions necessary so that the effects of education on human capitaldevelopment and economic development should record maximum values. The paper emphasizes the idea thatinvestments in education become ineffective unless accompanied by a suitable and appropriate strategy for economicand social development, based on socio-economic and political stability, and by the existence of a direct relationshipbetween income, occupation and level of education and professional training. Our analysis also involves the conceptsof social capital and psychological capital, both being considered as influencing development theory, practice andpolicy; although they bring about less clear and direct results, these two forms of capital are considered to improvethe economic activity background in a way similar to technical infrastructure; social capital influences the quality ofeducation and health, facilitates access of individuals to markets, supports complex operations and enables theactivities’ long-term planning. The paper draws attention to the multidimensional character of the economicdevelopment, considering that economic development can therefore express all quantitative, qualitative and structuraltransformations occurring both within economic processes and along scientific research and manufacturingtechnologies, in the mechanisms regarding the operation of the economy, namely thinking patterns and the behavior ofindividuals. On the other hand, the New Economy is described synonymous with a knowledge economy in the broadercontext of the knowledge society - considering the knowledge based economy, knowledge representing an importantfactor in determining economic growth.

【 授权许可】

Unknown