Title: The strategic aspects of a country's human capital education

Authors: Aleksandras Vytautas Rutkauskas; Boguslavas Gruževskis; Irena Danilevičienė

Addresses: Department of Finance Engineering, Vilnius Gediminas Technical University, Saulėtekio av. 11, LT-10223, Vilnius, Lithuania ' Labour Market Research Institute, Labour Market Research Centre, Goštauto st. 11, LT-01108, Vilnius, Lithuania ' Department of Finance Engineering, Vilnius Gediminas Technical University, Saulėtekio av. 11, LT-10223, Vilnius, Lithuania

Abstract: Often the perspective of human capital is drawn with different colours: from its growing importance to the possibility of changing it with current technical and information management tools. This usually happens when analysing the human capital education and corporate problems in the context of companies and other activity-organising units. In this case, it is often forgotten that to the individuals of human capital which are discussed and to the real owners of capital stockholders the indicator of human capital content and measurement is the present value of receivable income. In the report, assumptions will be analysed and a model provided regarding how to appropriately foster the development of human capital in the context of knowledge society and knowledge economy on a country level and how to design a perceptive human capital strategy for Lithuania.

Keywords: economic growth; human capital education; strategic aspects; sustainable development; sustainability; Lithuania.

DOI: 10.1504/IJLC.2016.081645

International Journal of Learning and Change, 2016 Vol.8 No.3/4, pp.198 - 210

Received: 14 Jul 2016
Accepted: 19 Jul 2016
Published online: 18 Jan 2017 *

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