Prospective Reflections on Human Capital

Authors

Keywords
human capital, talantism, T. Schulz theory, G. Becker theory

Summary
Guided by the understanding of the pulsing nature of economic thought, in this article we set ourselves the task of developing prospective ideas and grasping of the past, the present and the future of the theory of the investment in human capital as responsibility of the key economic agents: the government, the companies and the households. The structure of this study consistently reviews the historical development of the human capital theory. It gives the corporate point of view within the range of views of financial management of human resources. It gives prospective argumentation of possible evolution lines of human capital knowledge. The developed verbal-graphic model of investments in the formation of human capital adduces arguments in support of consolidation of the five types of activities for formation of human capital with the three sources of resources, aimed at human capital in its individual and national (global) dimension. In the course of research the conclusion is derived that there is no need to counterpoise capitalism and talantism but on the contrary, through capitalism (the world of capital) the era of talantism (the world of intellect, faculties, family values and talent) should be promoted.

JEL: J24, H39
Pages: 8
DOI: 

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