Human Capital and Europe′s Future

Abstract

Human labour will play a critical role in the future of Europe. Discusses ways to segregate capital into “Mind Human Capital” and “Physical Human Capital”. Argues that important differences between mind and physical human capital have profound implications for the future of Europe. Very significant trends in and related to human and physical capital will have differential effects on countries of Europe. In addition, mind and physical capital have profound implications for businesses in Europe. Provides insights on key relationships between mind and physical labour and economic developments. In addition suggests specific implications of such relationships. Also provides predictions concerning the role of mind and physical capital in the future of Europe. Is of particular interest to those responsible for evaluating the European business environment and making strategic decisions about future disinvestment and investments in Europe.

Citation

Groth, J.C. (1994), "Human Capital and Europe′s Future", European Business Review, Vol. 94 No. 5, pp. 20-27. https://doi.org/10.1108/09555349410068858