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Status of human capital, its role in innovation and opportunities for strengthening the enterprises of the food industry in the years 2007-2011

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Status of human capital, its role in innovation and opportunities for strengthening the enterprises of the food industry in the years 2007-2011

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Human capital in the company, often referred to as a whole of the production capacity of man, by D. Begg is accumulated by an employee expertise, experience and skills, so that it is possible to obtain a higher income by the company. It is a kind of investment in the future and just as physical capital is about to contribute to generate revenue by the company. American neoclassical work by G. Becker Human Capital, published in 1964, develops the idea that for the same reason as technical capital, attained education is also a form of capital. As noted by J. Hausner, decomposition of the innovation potential indicator shows that the only dimensions in which Poland does not place in the lowest positions among the countries of the European Union, are the quality of human capital (education), and – a bit lower – investment companies, and in all other dimensions (system quality research, funding of research, entrepreneurship and linkages, intellectual resources, economic effects) Poland is at the end, and the lowest place in the category of “innovators”. Human capital in the enterprise is treated as a resource, as it focuses capital, labour and entrepreneurship. In other words, it is seen as knowledge, efficiency and human capacity, which determine the growth of its productive capacity. A worker creates his or her ability to work, which is the source of its future income and skilfully adapts to the changing environment, efficiently trying to solve the problems and obtains satisfaction.

The results of studies on the role of human capital in the surveyed enterprises of the food industry, made it possible to construct the following conclusions: The enterprises surveyed were not interested in bearing the cost of human capital development, mainly due to the high innovation cost with the lack of financial resources at the same time. The enterprises surveyed did not notice the need of employee reconversion, stating that their human capital level is appropriate to conduct current activities and there is no need to expand it. The study based on the practical test of human capital role in food industry enterprises shown that it strengthens their current activities and increases their market value. The development of managers and employees with an individual approach aimed at growth and development are one of the most important aims and ways of future actions in the companies.

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