INVESTMENT IN HUMAN CAPITAL - AN INVESTMENT IN FUTURE

Jula Octavian () and Dumitrean Crinuta Nicoleta
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Jula Octavian: Babes-Bolyai, Facultatea de Stiinte Economice si Gestiunea Afacerilor
Dumitrean Crinuta Nicoleta: Universitastea de Nord, Baia Mare

Annals of Faculty of Economics, 2010, vol. 1, issue 2, 270-276

Abstract: The paper aims to study, reveal and understand one of the most important production factor, considered by some as being labor, understood nowadays as human capital. It is important to reveal and to demonstrate that the investment into human capital will have results with a very high return on investment, maybe not so seen in the first years to come just after the investment, but for sure as a big result and a cause for economic development. The investment into human capital can be determined by public or private investment. Either the case the result will be in favor of the national economy

Keywords: investment; human capital; economic development; labor flows (search for similar items in EconPapers)
JEL-codes: A10 A14 D24 I28 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2010:i:2:p:270-276

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