The Human Capital In The Context Of The Reconfiguration Of The Power Poles. Case Study: China And Japan
Ioana Julieta Josan ()
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Ioana Julieta Josan: Faculty of Administration and Business, University of Bucharest, Romania
Manager Journal, 2015, vol. 22, issue 1, 190-197
In the last decades, once with structural changes in production, organizations, technology and social environment a radical change in the economy has been underlined that substitutes the traditional economy based on industry-led services characterized by innovation and knowledge creation. At the same time, emerging economies have managed to win the battle with the world’s major competitors, even overtaking several of them. A representative example is the two countries: China and Japan, that in present are the top three economies in the world. The human capital and - particularly the investment in education - determine the ability of individuals to earn as well as his perspectives of employment. Since most of the knowledge and skills are acquired in school, through the educational process, education has been recognized as the decisive part in the accumulation and development of the human capital and therefore in the economic development of a country. Considering the above arguments, the aim of this paper is to highlight the characteristics of human capital in China and Japan (in terms of investment) and its benefits
Keywords: human capital; education; competitiveness; investment; skills (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:but:manage:v:22:y:2015:i:1:p:190-197
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