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The Challenges of Increasing the Competitiveness of Human Capital in Public Institutions in Romania, in the Context of the Phenomenon of Globalization

Author

Listed:
  • Angela-Eliza Micu

    (,,Ovidius†University of Constanta)

  • Ramona Valentina Necula

    (,,Dunarea de Jos†University of Galati)

Abstract

Between human capital - as a social investment and competitiveness - from the perspective of sustainable development, in the context of globalization, there is an indestructible relationship, taking into account the imperative of general global development and continuous efforts to protect the environment. The society, as a whole, is highly influenced by the ability of individuals to use their educational capital and to adapt their skills to the highly competitive external environment. In this respect, the managers of public institutions in Romania must face, on the one hand, the challenge given by the organizational engine, respectively the subordinate staff and on the other hand, the phenomenon of globalization, characterized by technological competitiveness, instability and competitive pressures. At the same time, the specialized literature draws on and demonstrates the link between education, human capital and competitiveness, and international organizations recognize the role of countries' economic competitiveness, creating hierarchies in this regard.

Suggested Citation

  • Angela-Eliza Micu & Ramona Valentina Necula, 2019. "The Challenges of Increasing the Competitiveness of Human Capital in Public Institutions in Romania, in the Context of the Phenomenon of Globalization," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 551-557, December.
  • Handle: RePEc:ovi:oviste:v:xix:y:2019:i:2:p:551-557
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    More about this item

    Keywords

    performance; personnel management; competitiveness; decision making;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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