The article analyzes the nature of human capital. The basic properties inherent in human capital were determined. Was investigated the underlying model of economic growth, taking into account human capital as a significant factor in economic growth in post-industrial society.
The article surveys empirical research into the influence of human capital upon economic growth. The literature of this topic is very rich, so the survey - can hardly be exhaustive. The main criterion of selection of the reported contributions was their rank in the state of arts. The survey can prove useful while investigating the role of human capital in the economic growth of Poland as it explicitly reports possible mechanisms linking human capital with economic development as well as it quantifies their magnitudes. Specifications of the equations presented in the survey can constitute a benchmark while elaborating appropriate specifications for the case of Poland.
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