INTELLECTUAL INVESTMENT. THE PROSPECTS IN EDUCATION IN THE USA AND IN THE EU

Abstract

This paper approaches a few theoretical issues related to the investments in intellectual capital and those in human capital, these investments influencing education system and society. As a particular case, we have analysed the education prospects for the next ten years in the USA and in the European Union, the education system being one of the most important immaterial investments, with a decisive impact over the society we live in. The main conclusion is this: a tendency of increase in the number of individuals who will hold a higher education diploma, both in the USA and in the European Union. In other words, the decrease in the number of secondary school graduates and high school graduates is desired.

Keywords

• intellectual capital
• human capital
• education system
• intellectual investment
• efficiency