Year: 2015
Type: article
Abstract: The EU's 2020 Strategy is focused on three area of growth: smart, sustainable and inclusive that couldn’t be achieved without major contribution of skills, knowledge or value of people, common knew as human capital. It is difficult to believe that these goals could be realized without a good education and training system, a large diffusion of knowledge in manufacturing services, a creative industries and a great effort to create a research-intensive economy. Using a panel methodology, the paper tried to reveal the role of human capital as a factor of the growth and to argue that the slow investment in human capital should influence the sustainable development of the countries.
Source: Procedia Economics and Finance
Author: Elena Pelinescu
Institution: Romanian Academy
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W911526302