Developing human capital for economic growth: Accessing the case of the Czech Republic
Konferenční objektOmezený přístuppeer-reviewedpublished versionDatum publikování
2020
Vedoucí práce
Oponent
Název časopisu
Název svazku
Vydavatel
Academic Conferences International Limited
Abstrakt
Many growth theories stipulate that the capacity and training of people to use knowledge effectively (human capital) propels economic development in the contemporary open knowledge-based economy, hence the striking differences observed in the economic growth of different countries. Among the models created to analyze economic growth, Neoclassical and Endogenous models stand out with their varying views on the role human capital plays in the growth of the economy. In recent years, the Central and Eastern European countries have seen increasing economic growth with the Czech Republic benefited since the adoption of the open economic system. A qualified as well as inspired workforce can support strategic plans of firms and countries alike in notching a niche by increasing productivity, which eventually may contribute to economic growth as research suggest. The human capital of every nation comprises the intrinsic value; culture, health, knowledge, abilities, and skills employed for the execution of economic policies of countries. In view of this, the paper seeks to review the linkages that exist between the existing economic growth and human capital in the Czech Republic. Using the case study methodology, the research found that the level of the human capital development is a key indicator of the states' competitiveness in the Czech Republic. Coupled with increasing flow of Foreign Direct Investment (FDI), the Czech Republic have seen massive economic development in recent times.
Rozsah stran
p. 205-213
ISSN
2048-9803
Trvalý odkaz na tento záznam
Projekt
SGS_2020_014/Pokročilá analýza ekonomických a sociálních aspektů veřejných politik a jejich dynamiky v kontextu efektivnosti a udržitelnosti
Zdrojový dokument
Proceedings of the 17th international conference on intellectual capital, knowledge management & organisational learning
Vydavatelská verze
Přístup k e-verzi
pouze v rámci univerzity
Název akce
17th international conference on intellectual capital, knowledge management & organisational learning (15.10.2020 - 16.10.2020, ONLINE)
ISBN
978-1-912764-72-3
Studijní obor
Studijní program
Signatura tištěné verze
Umístění tištěné verze
Přístup k tištěné verzi
Klíčová slova
human capital, economic growth, training and development, FDI, Czech Republic, lidský kapitál, ekonomický růst, školení a rozvoj, přímé zahraniční investice, Česká republika