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The human capital in the knowledge society. Theoretical and empirical approach

Author

Listed:
  • Elena Pelinescu

    (Institute for Economic Forecasting of the Romanian Academy, 13, Calea 13 Septembrie, District 5, Bucharest, Romania)

  • Elisei Craciun

    (SCOSAR, Romanian Academy, Calea 13 Septembrie, District 5, Bucharest, Romania)

Abstract

We live today in a changing society based on the globalization and better valorisation of the human capital. The human capital is the central driver force for competitiveness and development of the new technology and patent and a necessary factor for their efficient use in the new society. In order to reach the competitiveness objective, the European Union member countries seek to develop their human capital value by increasing investment in education, science and technology development. Based on the panel econometrics techniques, this paper explores the statistical correlations between human capital components and national competitiveness within the EU economic context.

Suggested Citation

  • Elena Pelinescu & Elisei Craciun, 2014. "The human capital in the knowledge society. Theoretical and empirical approach," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 20(1), pages 7-18, December.
    • Handle: RePEc:but:manage:v:20:y:2014:i:1:p:7-18
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    Citations

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    Cited by:

    1. Cristina LINCARU & Speranţa PÎRCIOG, 2017. "Decomposing Productivity Changes – Romania’s Counties Case," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 166-184, September.
    2. Zwane, Talent & Biyase, Mduduzi & Maleka, Mokgadi & Maluleka, Abelwe, 2020. "Technical Efficiency and Economic Growth in the SADC Region," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 73(2), pages 307-324.
    3. Zwane, Talent & Biyase, Mduduzi & Binda, Thandolwethu, 2021. "Institutions and Technical Efficiency: A Stochastic Frontier Approach," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 74(4), pages 415-438.

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