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Human Capital Theory in Respect to Cultural, Digital Implications and Integrated Communication

Author

Listed:
  • Robert Daniel Stanescu

    (The Bucharest University of Economic Studies)

  • Alexandra Cristina Dinu

    (The Bucharest University of Economic Studies)

Abstract

This article highlights from a different perspective of comprehending the implications which scholars relates HCT besides the known linear development of individual development in respect to education – labor market – workplace. The alternative perspective highlights closely towards a sociological perspective regarding not only the limits of HCT that appear during researches, but also in respect to new trends of development, such as the process of digitalization, which prepares not only the next industrial revolution, but creates also the environment for individuals to adapt towards either virtual, or augmented reality. This article begins with a briefly description of HCT mentioned by various authors, followed by a detailed perception of individuals within the society, and concluding with alternative methods of understanding de development of individuals, and our society as well.

Suggested Citation

  • Robert Daniel Stanescu & Alexandra Cristina Dinu, 2021. "Human Capital Theory in Respect to Cultural, Digital Implications and Integrated Communication," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 527-531, December.
    • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:527-531
    as

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    References listed on IDEAS

    as
    1. Lutz Hendricks, 2002. "How Important Is Human Capital for Development? Evidence from Immigrant Earnings," American Economic Review, American Economic Association, vol. 92(1), pages 198-219, March.
    2. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66, pages 281-281.
    3. Petre Prisecaru, 2016. "Challenges of the Fourth Industrial Revolution," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 8(1), pages 57-62, March.
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    More about this item

    Keywords

    Human Capital Theory; digitalization; culture; integrated communication;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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