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Investment In Human Capital - An Investment In Future



    () (Babes-Bolyai, Facultatea de Stiinte Economice si Gestiunea Afacerilor)


    (Universitastea de Nord, Baia Mare)


The paper aims to study, reveal and understand one of the most important production factor, considered by some as being labor, understood nowadays as human capital. It is important to reveal and to demonstrate that the investment into human capital will have results with a very high return on investment, maybe not so seen in the first years to come just after the investment, but for sure as a big result and a cause for economic development. The investment into human capital can be determined by public or private investment. Either the case the result will be in favor of the national economy

Suggested Citation

  • Jula Octavian & Dumitrean Crinuta Nicoleta, 2010. "Investment In Human Capital - An Investment In Future," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 270-276, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:270-276

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    References listed on IDEAS

    1. Gary S. Becker & Kevin M. Murphy, 1994. "The Division of Labor, Coordination Costs, and Knowledge," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 299-322 National Bureau of Economic Research, Inc.
    2. Bester, Helmut & de Palma, Andre & Leininger, Wolfgang & Thomas, Jonathan & von Thadden, Ernst-Ludwig, 1996. "A Noncooperative Analysis of Hotelling's Location Game," Games and Economic Behavior, Elsevier, vol. 12(2), pages 165-186, February.
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    More about this item


    investment; human capital; economic development; labor flows;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy


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