Developing the Concept of Human Capital by Highlighting the Benefits for the Education System

Florentina Ecaterina Joga and Roxana Gavrilă
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Florentina Ecaterina Joga: Bucharest University of Economic Studies
Roxana Gavrilă: School Inspectorate of the Municipality of Bucharest

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2021, vol. 22, issue 4, 519-526

Abstract: The term capital refers to a productive resource that may be used. The term human capital describes human beings as one of the most important components that contribute to the long-term growth of the educational system and the advancement of society in general. Individual and collective human capital are comprised of the information, skills, attitudes, and talents possessed by people, as well as the social and cultural endowments possessed by a group, including the ability to discover, invent, innovate, and be innovative. The purpose of our research is to draw attention to the unique characteristics of the development of the idea of human capital, as well as the benefits it provides to the educational system. For this study, we focused on qualitative techniques, with the goal of gaining a broad picture of human resource management strategies in the context of digitizing the learning-asset process and providing students with long-term educational opportunities. The information gathered will be utilized to develop hypotheses and working techniques for the investigations that will be carried out in the future research projects.

Keywords: human capital; system; education expenditures; economic growth. (search for similar items in EconPapers)
JEL-codes: A29 E24 J24 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:22:y:2021:i:4:p:519-526

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