Employing Human Capital to Achieve Priority Economic Development Objectives

摘要

The resource report was prepared for a project to strengthen the link between job training and placement and economic development conducted by the National Alliance of Business and the National Association of State Development Agencies. The research was focused on the question of how important is human capital for economic development -- especially in the areas of manufacturing modernization, high technology development, new business creation and service sector expansion. In conducting the research, it was learned that some states, by virtue of their welfare, education and employment and training programs, are meeting the challenge and responding to the needs of their citizens. A special point is made that while the hi-tech industry is important to economic growth, it is not among the leaders in the field of job creation. The paper concludes with the statement that linking human development and economic development is not a 'business as usual activity'. It requires strategies that are comprehensive and long-term, innovations that break with past practices, and entrepreneurship that capitalizes on opportunities. (Copyright (c) 1986 by the National(Alliance of Business pending.)