The quality of human capital is one of the main factors influencing the location decisions of economic activity. Flows of capital and technology take place primarily through the activities of transnational corporations (TNCs). It is they who are the carriers of globalization. The crucial role of human capital is due to the fact that today, the most advanced industries and technologies are knowledge-intensive, and they are what that determine growth. This article argues for the necessity to improve human capital in the context of modern information technology. The work is also an attempt to present the impact of human capital on the process of globalization, and to identify features which should characterize human capital in a globalized reality. Reflections contained in the paper do not have definite characteristics and should be treated as an opinion in the discussion.
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Published by Human Resource Management Academic Research Society (www.hrmars.com)
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