IDEAS home Printed from https://ideas.repec.org/a/osi/journl/v4y2008p84-92.html
   My bibliography  Save this article

People as a Key Resource of the Global Economy

Author

Listed:
  • Antun Sundalic

    (Faculty of Economics in Osijek)

Abstract

In this paper the author discusses the issue of treating people as a resource in the conditions of global capitalism. The new era, marked by fast changes and technology development, has ranked people as the most important factor in achieving competitiveness. What differentiates people as a resource from other resources is primarily their knowledge and capability to initiate changes through innovation. Technology requires knowledge workers who are growing in numbers and represent a particular class. This new middle class, as knowledge owner and distributor, has become the driver of capitalism of the new era. In spite of the growing importance of knowledge and innovation, people as a resource remain subjected to market interests and, ultimately, profits. Networks as relations of cooperation and belonging are only one of the answers to this situation and an attempt to alter it.

Suggested Citation

  • Antun Sundalic, 2008. "People as a Key Resource of the Global Economy," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 4, pages 84-92, May.
    • Handle: RePEc:osi:journl:v:4:y:2008:p:84-92
    as

    Download full text from publisher

    File URL: http://www.efos.hr/repec/osi/journl/PDF/InterdisciplinaryManagementResearchIV/IMR4a05.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    competitive advantage; human resource; knowledge; new middle class; network.;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osi:journl:v:4:y:2008:p:84-92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hrvoje Serdarusic, PhD (email available below). General contact details of provider: https://edirc.repec.org/data/efosihr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.