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Controversies concerning the connection higher education – human capital – competitiveness


  • Liana BADEA

    (The Bucharest University of Economic Studies)

  • Angela ROGOJANU

    (The Bucharest University of Economic Studies)


Based on human capital theory, initiated by some representatives of the new school in Chicago in the second half of the twentieth century (Th. W. Schultz, G. Becker and G. Stigler), we see that there is a theoretical vein-slogan: "Man is the most precious wealth of a country," and if we corroborate this slogan with an adaptation of what Adam Smith stated in the eighteenth century – "A country is rich if it has rich/educated individuals", we reason, based on the literature review, that between higher education, human capital and competitiveness there is an indestructible link, influencing, in its turn, the economic growth and development. This paper aims to highlight the main elements describing the link existing between higher education, human capital and competitiveness, bringing to the fore the Romanian reality.

Suggested Citation

  • Liana BADEA & Angela ROGOJANU, 2012. "Controversies concerning the connection higher education – human capital – competitiveness," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(12(577)), pages 125-142, December.
  • Handle: RePEc:agr:journl:v:12(577):y:2012:i:12(577):p:125-142

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    Cited by:

    1. Liana Badea & Diana Mihaela Pociovalisteanu, 2014. "Education And Sustainable Development – A Connection For The Future," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 87-93, August.
    2. Monica Maria DOBRESCU & Diana Andreia HRISTACHE & Claudia Elena PAICU, 2015. "The Insertion of Young Economists in the Labor Market through the Specialty Practice. The Bucharest-Ilfov Region," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(605), W), pages 263-274, Winter.
    3. Charles E. Bryant & Rajshekhar G. Javalgi, 2016. "Global Economic Integration in Developing Countries: The Role of Corruption and Human Capital Investment," Journal of Business Ethics, Springer, vol. 136(3), pages 437-450, July.
    4. repec:agr:journl:v:4(605):y:2015:i:4(605):p:263-274 is not listed on IDEAS


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