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Economic Development and Human Capital are Always Current Concepts

Author

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  • Petronela Mateescu

    (Associate Lecturer Ph.D., “Petre Andrei†University of Iasi, Romania)

Abstract

The European Union established, since 2000, a major objective, the development of human capital, so that, by 2020, we may have the most dynamic society and an economy based on knowledge. In the current context of economic development, human resources are the primordial element of competition. The investment in human capital, education, training, and health involves the adjustment of human resources to the structural change of the economy based on efficiency. This article presents the influence of genuine “intangible assets†on the development of society.

Suggested Citation

  • Petronela Mateescu, 2021. "Economic Development and Human Capital are Always Current Concepts," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Scien, Editura Lumen, Department of Economics, vol. 28, pages 208-215, December.
    • Handle: RePEc:lum:rev11d:v:28:y:2021:i::p:208-215
    DOI: https://doi.org/10.18662/upalaw/77
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    References listed on IDEAS

    as
    1. Annamaria Di Bartolo, 1999. "Modern Human Capital Analysis: Estimation of US, Canada and Italy Earning Functions," LIS Working papers 212, LIS Cross-National Data Center in Luxembourg.
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    More about this item

    Keywords

    investment; human capital; development; resource; competition;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics

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