LIFELONG LEARNING AS A FACTOR IN THE DEVELOPMENT OF HUMAN CAPITAL: INDIVIDUAL AND SOCIETY IMPLICATIONS

  • Marta Martincová University of Economics in Bratislava, Bratislava
Keywords: human capital, investment, lifelong learning, costs and benefits of education

Abstract

The current paper focuses on the theory of human capital, examining the motives of individuals to invest in developing their skills and seeks to explain the importance of human capital in terms of society development implications. Education and training are considered the most widespread and most important way of developing human capital. At the same time, they are an integral part of an individual's lifelong learning. The benefit of investing in human capital is gained not only by the individual but also benefits society in the form of positive externalities, i.e. the impact of higher human capital on the well-being of others.

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Author Biography

Marta Martincová, University of Economics in Bratislava, Bratislava

Dipl. Ing., PhD., Associate professor, Faculty of National Economy, University of Economics in Bratislava, Slovak Republic

Research  interests: macroeconomics, unemployment, human capital, education, economic policy

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Abstract views: 30
PDF Downloads: 27
Published
2022-07-30
How to Cite
Martincová, M. (2022). LIFELONG LEARNING AS A FACTOR IN THE DEVELOPMENT OF HUMAN CAPITAL: INDIVIDUAL AND SOCIETY IMPLICATIONS. The EUrASEANs: Journal on Global Socio-Economic Dynamics, (4(35), 138-152. https://doi.org/10.35678/2539-5645.4(35).2022.138-152