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The Economic Value of Human Capital

Gulie Alexandra Emanuela ()
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Gulie Alexandra Emanuela: Friedrich-Alexander University Erlangen-Nurnberg

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 3, 48

Abstract: The human factor created by physical work and/or intellectual property of all existing material, is unequivocally active value of any work, ie human capital translates into different activities, specialized or not, it creates these individuals. History of the term human capital has experienced over time a series of ups and downs, as agreed or rejected by academia and the political class. Although known affirmation and its conceptual structure only after the seventh decade of the twentieth century, the term human capital has been used long before the economy.

Keywords: knowledge; capital stock; human capability (search for similar items in EconPapers)
JEL-codes: J24 (search for similar items in EconPapers)
Date: 2012
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