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Human Capital: The Determining Factor Of Contemporary Society?S Dynamism

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  • Ana Maria Savu

Abstract

Socio-economic instability generated by the majority of global processes and the countersink by the effects of the economic crisis has made that the society be marked by syncope?s and, in some aspects, even camouflaged by regression, restoration mechanisms and disavowed practices, therefore increasing significantly the demands for human capital. Human Capital has managed to establish itself as a key factor in sustainable economic performance in various fields because of its innovative potential which enabled him to have the ability to accomplish the technical and technological renewal production, to ensure competitive production, to develop the service sector, leading to the formation of innovative economy.

Suggested Citation

  • Ana Maria Savu, 2013. "Human Capital: The Determining Factor Of Contemporary Society?S Dynamism," International Journal for Human Capital Development, Fundatia Amfiteatru, vol. 1(1), pages 12-19.
    • Handle: RePEc:amf:ijhcda:v:1:y:2013:i:1:p:12-19
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    More about this item

    Keywords

    competition; human capital investment; innovation strategy; innovation economy; investing in people;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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