Cliometrics and the Evolution of Human Capital

Abstract

Human capital has been seen to be a key factor for current and future economic growth. In a broader sense, it appears that we are moving towards a knowledge economy driven by human capital, technological progress and digitalization. However, although this evolution may be a new trend, similar developments have occurred in history before. In line with this reasoning, the scholarly field of cliometrics has received ever more attention during the last years. In consequence, this paper presents the foundations of cliometrics, and provides insights into the basic conceptual framework and evolution of human capital during the last centuries.

Human capital as a management object in the management strategy of the region innovative development

“…S. El-Saharty et al (2020) believe that human capital is one of the most important resources affecting both the level and quality of life of the population. C. Diebolt et al (2020) believe that human capital is seen as a key factor in current and future economic growth. More broadly, society is moving towards a knowledge economy driven by human capital, technological progress, and digitalisation.…”