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EN
The concept and theory of human capital were created by TW Schultz, GS Becker and J. Mincer. Reflections on the role of an individual in the economy and society dates back much earlier. Over the years, human capital has been recognized as an element of intellectual capital. This capital and its development is included in business activities and local development strategies on municipal, provincial and state level. The purpose of this article is to analyze the debate on human capital and chosen interpretations of intellectual capital issues made by economic thinkers.
EN
Human capital is a factor of the development of the knowledge based economy. The higher quality of the human capital the quicker development of the region. The educated society makes sensible and good decisions, it creates the innovations which are the most important factor of the competitiveness of the local government units. The Podlaskie province has some unused developmental potential, yet it requires huge financial expenditures serving the supplement of the developmental gap. The human capital in a considerable degree contributes to this case.
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