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Human Capital and Knowledge Emergence. Induced Effects of the Global Crisis on Human capital and Innovation

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  • Simona Buta

Abstract

In the global crisis context crossed by organizations and countries in the past six years we assist also at conflicting measures in which regards knowledge, innovation and human capital; for example, countries such as England and France have reduced their costs for education, while Germany and other countries (Australia, Austria, Canada and Norway) maintained the same allocations for education. What will be the effects of such measures on human capital in the near future? What are the best human resources policies in companies in the crisis context? Given that the subject of the research is "knowledge and human capital", in this paper we refer to the induced effects of the crisis on human capital and innovation. We will also identify the key steps that can be taken during crisis, and not only, to stimulate human capital.

Suggested Citation

  • Simona Buta, 2014. "Human Capital and Knowledge Emergence. Induced Effects of the Global Crisis on Human capital and Innovation," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 17(54), pages 37-52, December.
    • Handle: RePEc:rej:journl:v:17:y:2014:i:54:p:37-52
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    More about this item

    Keywords

    Human Capital; knowledge; innovation; global crisis;
    All these keywords.

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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