MANAGEMENT OF HUMAN CAPITAL AS A PREREQUISITE OF ECONOMIC AND HOTEL INDUSTRY DEVELOPMENT (CROSBI ID 576835)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Fatur Krmpotić, Irena ; Črnjar, Kristina ; Hajduković, Aleksandra
engleski
MANAGEMENT OF HUMAN CAPITAL AS A PREREQUISITE OF ECONOMIC AND HOTEL INDUSTRY DEVELOPMENT
A well-educated and skilled population is essential to the efficient creation, acquisition, dissemination and utilization of relevant knowledge. In order to satisfy the growing demands of a knowledge economy, people have to be involved in lifelong learning. This article analyses the importance of human capital on a sample of developed countries. Based on empirical cross-sectional research carried out, we have established a statistically significant correlation between the quality of workforce and economic development in developed countries. The quality of the workforce is essentially determined by the extent of staff training. In this sense, Croatia lags significantly behind the developed countries. This is especially the case in the hospitality industry in Croatia. HRM and its processes should facilitate the management of knowledge and human capital through education, human capital development, cooperation and team work, etc. Research, however, has shown that HRM initiatives in Croatian hotel industry are not developed well enough. Consequently there contribution to economic development and formation of knowledge-based industry is not as high as it would be if efficiently implemented.
human capital; economic development; HRM; hospitality industry
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Podaci o prilogu
1298-1316.
2011.
objavljeno
Podaci o matičnoj publikaciji
The 5 Interantional Scientific Conference "Enterepreneurship and Macroeconomic Management: Reflection on the World Tumoil"
Pula: Sveučilište Jurja Dobrile u Puli
978-953-7498-41-2
Podaci o skupu
The 5 Interantional Scientific Conference "Enterepreneurship and Macroeconomic Management: Reflection on the World Tumoil"
predavanje
24.05.2011-26.05.2011
Pula, Hrvatska