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Human Capital and Romania’s Perspective in the EU


  • Mihai CHIRILA

    () (Dunarea de Jos University of Galati, Romania)


The source of improving people life standard depends, alongside other factors, on efforts oriented towards education, research, and knowledge enrichment. It is also related to development and dissemination of high performance technology, with knowledge development, skills and abilities, professional training able to realize, disseminate, and use innovation. However, these investments in human capital will lead to good results by extending the active life of skilled workers, by improving the general health status of the population, by preserving the environment, by improving food products quality. All these are the more valid for Romania’s economy, the more it needs to be integrated in the Western European area, which is a highly competitive area. Or, relative sub-investment in autochthonous human capital might force our country to develop comparative advantages in border fields from the point of view of productivity, to specialize in fields that intensively use raw materials, to turn into a low paid labour market.

Suggested Citation

  • Mihai CHIRILA, 2009. "Human Capital and Romania’s Perspective in the EU," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 43-48.
  • Handle: RePEc:ddj:fseeai:y:2009:i:1:p:43-48

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    References listed on IDEAS

    1. David Audretsch & Max Keilbach, 2005. "Entrepreneurship capital and regional growth," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 39(3), pages 457-469, September.
    2. Nigel Roome & Han van Kleef, 2007. "Developing capabilities and competence for sustainable business management as innovation: a research agenda," ULB Institutional Repository 2013/14319, ULB -- Universite Libre de Bruxelles.
    3. Beugelsdijk, S. & van Schaik, A.B.T.M., 2001. "Social Capital and Regional Economic Growth," Discussion Paper 2001-102, Tilburg University, Center for Economic Research.
    4. Barbara Piazza-Georgi, 2002. "The role of human and social capital in growth: extending our understanding," Cambridge Journal of Economics, Oxford University Press, vol. 26(4), pages 461-479, July.
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    More about this item


    human capital; human investment; economic theory;

    JEL classification:

    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General


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