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The development of human capital in businesses and current management of human resources

Author

Listed:
  • Yosif Iliev
  • Stefka Masaldzhiyska

Abstract

The possibilities for increasing the potential of the organizations from the industrial sector of Bulgaria for the development of human capital have been explored. The leading argument is that the strategic goal of the companies to achieve and increase their competitiveness requires adequate policies and resulting mechanisms aimed at increasing the share of human capital holders. Significant scientific statements about human capital are presented. The key policies and mechanisms in human resources management in industrial organizations are analyzed. The real problem areas, limiting the development of human capital in organizations, are systematized and some solutions for their overcoming are offered with arguments.

Suggested Citation

  • Yosif Iliev & Stefka Masaldzhiyska, 2017. "The development of human capital in businesses and current management of human resources," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 33-45.
  • Handle: RePEc:bas:econth:y:2017:i:4:p:33-45
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    References listed on IDEAS

    as
    1. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," NBER Chapters, in: Investment in Human Beings, pages 9-49, National Bureau of Economic Research, Inc.
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    More about this item

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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