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Entrepreneurship and Sustainability Issues Open Access
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Received: 2016-02-20  |  Accepted: 2016-05-16  |  Published: 2016-06-30

Title

The investigation of human capital and investments into human capital: Lithuania in the context of the EU


Abstract

The emergence of knowledge-based world economy has increased the demand of highly skilled labour force. On the other hand, the labour force is impacted by the level of education and the investments into education and contributes to the competitiveness of the country. The paper aims to analyse human capital and investments into human capital. Specifically we focus on high education and effectiveness of investments into high education. The investigation revealed that the focus on R&D in Lithuania is seen as insufficient and thus, diminishes competitiveness of the country in the international context. The assessment of investments into high education let us conclude that investments are beneficial to the State in the long-term period. The insights into the development of future investigations are suggested.


Keywords

investments, human capital, return on investments, high education, R&D


JEL classifications

I21 , H10 , H24


URI

http://jssidoi.org/jesi/article/81


DOI


Pages

350-367


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Prakapavičiūtė, Justina
Vilnius Gediminas Technical University, Vilnius, Lithuania https://www.vgtu.lt
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Korsakienė, Renata
Vilnius Gediminas Technical University, Vilnius, Lithuania https://www.vgtu.lt
Entrepreneurship and Sustainability Center, Vilnius, Lithuania http://jssidoi.org/esc/
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Journal title

Entrepreneurship and Sustainability Issues

Volume

3


Number

4


Issue date

June 2016


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References