Title Human capital system evaluation in the context of the European Union countries /
Translation of Title Žmogiškojo kapitalo sistemos vertinimas Europos Sąjungos šalių kontekste.
Authors Sakalas, Algimantas ; Liepe, Zieduna
DOI 10.5755/j01.ee.24.3.2787
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Is Part of Inžinerinė ekonomika = Engineering economics.. Kaunas : KTU. 2013, vol. 24, iss. 3, p. 226-233.. ISSN 1392-2785. eISSN 2029-5839
Keywords [eng] human capital (HC) ; integrated index ; HC system ; indicators ; HC evaluation
Abstract [eng] For economic science HC concept is known for at least the last fifty years in the works of Schultz (1964), Becker (1962), when such issues as productivity and effectiveness of individual were touched. Therefore, in the current economic theories it is also very important to recognize the role of human capital and its management necessity, to understand the HC formation and application as a manageable process, which you need knowing well both in micro and in macro level. Evaluation of HC in macro level should include not only direct HC evaluation, but environmental evaluation as well. There must be evaluated not only the formal value of HC, but also the material, economical, social, environmental conditions, determining its appliance productivity and the need of systematic approach to HC. HC system evaluation framework in country level consists of a number of social and economic indicators, which depending on their size and system performance are expressed in various sizes of absolute or relative indicators. The integration of these indicators into a single one, form an integrated index. For various phenomena to investigate and analyze in practice, the index method is used often, which helps to reveal the links and the structure between the researched phenomena (Human Development Index (Human development report 2011), the index of Genuine Wealth Assessment (Genuine Wealth Assessment (2012), and so on.). [...].
Published Kaunas : KTU
Type Journal article
Language English
Publication date 2013
CC license CC license description