THE MAJOR INFLUENCE OF THE LEVEL OF EDUCATION IN THE CREATIVE ECONOMY

Sava Diana Cristina and Alina Badulescu
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Sava Diana Cristina: UNIVERSITY OF ORADEA, FACULTY OF ECONOMIC SCIENCES, ROMANIA

Annals - Economy Series, 2016, vol. 1, 69-75

Abstract: We can notice that a new economic system took shape in the last years, a new economy based on knowledge, research and innovation leading to a smart and sustainable consumption behaviour of the population, as a result of the technological progress. In the new economic paradigm, the determinant factor is the human factor and the creativity of the human capital is the main raw material. In order to exploit the human mind, it is compulsory to educate and train it; shaping talents and skills. These tasks belong to the educational system, the trainer of the future labour force. This paper aims to make a comparison between Romania and other successful European countries regarding education and employment. Concerning the education, this paper will take into consideration the early leavers from education and the tertiary educational attainment, showing how their situation has evolved during 2004 – 2014; regarding employment, there will be shown the situation and evolution of the employment of recent graduates for the same period of analysis. These aspects were chosen to be analysed in order to demonstrate the vast economic development potential of Romania by investing in human resources by paying a greater attention to the educational system and preparing future labour force suitable for the demands of the current and future labour market, so increasing the quality of the labour force, adjusting it to the current labour needs and becoming more effective in terms of social and economic development.

Keywords: creative economy; human resources; labour; education; employment (search for similar items in EconPapers)
Date: 2016
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