Novak, Matjaz; Spaija, Taja - In: Management 3 (2008) 2, pp. 153-164
The aim of this article is to present empirical estimates about the impact of human capital on labor productivity … result. The conventional methodology estimates the growth impact of human capital directly and for this purpose empirical … data on the amount of human capital are needed. However, human capital is in itself an imaginary category and there is no …