Germany is both an industrial powerhouse and a human capital powerhouse. The first accumulation and rapid development of Germany's human capital not only effectively promoted its industry and economy, but also greatly enhanced its military strength and comprehensive national strength, playing a leading, creating and promoting role in the rise of the country. This paper analyzes the experience of human capital accumulation in Germany from the perspectives of education and science and technology, and discusses the changes of economic and demographic structure, the characteristics of human capital and the investment of human capital. Germany's human capital has three characteristics: cumulative advantage, leading knowledge and career orientation. Germany increases the investment in human capital through policies, funds and innovations. From the experience of Germany, human capital has a fundamental impact on the rise of a country. The general logic is that the rise of a country requires a strong overall national strength and good social order. When a country's human capital accumulates to a considerable extent and forms a great advantage, the vigor of human capital will be fully released under the implementation of appropriate national strategies or even seemingly accidental historical opportunities, which will lead to the release of the creative potential of the society and the economic potential of the country, thus opening the way for the rise of the country. By summarizing the model and experience of human capital accumulation in Germany, this paper provides reference for human capital investment policies of various countries.
Published in | International Journal of Economics, Finance and Management Sciences (Volume 9, Issue 4) |
DOI | 10.11648/j.ijefm.20210904.11 |
Page(s) | 128-133 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2021. Published by Science Publishing Group |
Germany, Human Capital Investment, Human Capital Accumulation
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APA Style
Liu Chunyang, Gao Ke, Yang Chen. (2021). Education and Technology for Industrial Power: The German Experience of Human Capital Accumulation. International Journal of Economics, Finance and Management Sciences, 9(4), 128-133. https://doi.org/10.11648/j.ijefm.20210904.11
ACS Style
Liu Chunyang; Gao Ke; Yang Chen. Education and Technology for Industrial Power: The German Experience of Human Capital Accumulation. Int. J. Econ. Finance Manag. Sci. 2021, 9(4), 128-133. doi: 10.11648/j.ijefm.20210904.11
AMA Style
Liu Chunyang, Gao Ke, Yang Chen. Education and Technology for Industrial Power: The German Experience of Human Capital Accumulation. Int J Econ Finance Manag Sci. 2021;9(4):128-133. doi: 10.11648/j.ijefm.20210904.11
@article{10.11648/j.ijefm.20210904.11, author = {Liu Chunyang and Gao Ke and Yang Chen}, title = {Education and Technology for Industrial Power: The German Experience of Human Capital Accumulation}, journal = {International Journal of Economics, Finance and Management Sciences}, volume = {9}, number = {4}, pages = {128-133}, doi = {10.11648/j.ijefm.20210904.11}, url = {https://doi.org/10.11648/j.ijefm.20210904.11}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20210904.11}, abstract = {Germany is both an industrial powerhouse and a human capital powerhouse. The first accumulation and rapid development of Germany's human capital not only effectively promoted its industry and economy, but also greatly enhanced its military strength and comprehensive national strength, playing a leading, creating and promoting role in the rise of the country. This paper analyzes the experience of human capital accumulation in Germany from the perspectives of education and science and technology, and discusses the changes of economic and demographic structure, the characteristics of human capital and the investment of human capital. Germany's human capital has three characteristics: cumulative advantage, leading knowledge and career orientation. Germany increases the investment in human capital through policies, funds and innovations. From the experience of Germany, human capital has a fundamental impact on the rise of a country. The general logic is that the rise of a country requires a strong overall national strength and good social order. When a country's human capital accumulates to a considerable extent and forms a great advantage, the vigor of human capital will be fully released under the implementation of appropriate national strategies or even seemingly accidental historical opportunities, which will lead to the release of the creative potential of the society and the economic potential of the country, thus opening the way for the rise of the country. By summarizing the model and experience of human capital accumulation in Germany, this paper provides reference for human capital investment policies of various countries.}, year = {2021} }
TY - JOUR T1 - Education and Technology for Industrial Power: The German Experience of Human Capital Accumulation AU - Liu Chunyang AU - Gao Ke AU - Yang Chen Y1 - 2021/07/15 PY - 2021 N1 - https://doi.org/10.11648/j.ijefm.20210904.11 DO - 10.11648/j.ijefm.20210904.11 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 128 EP - 133 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20210904.11 AB - Germany is both an industrial powerhouse and a human capital powerhouse. The first accumulation and rapid development of Germany's human capital not only effectively promoted its industry and economy, but also greatly enhanced its military strength and comprehensive national strength, playing a leading, creating and promoting role in the rise of the country. This paper analyzes the experience of human capital accumulation in Germany from the perspectives of education and science and technology, and discusses the changes of economic and demographic structure, the characteristics of human capital and the investment of human capital. Germany's human capital has three characteristics: cumulative advantage, leading knowledge and career orientation. Germany increases the investment in human capital through policies, funds and innovations. From the experience of Germany, human capital has a fundamental impact on the rise of a country. The general logic is that the rise of a country requires a strong overall national strength and good social order. When a country's human capital accumulates to a considerable extent and forms a great advantage, the vigor of human capital will be fully released under the implementation of appropriate national strategies or even seemingly accidental historical opportunities, which will lead to the release of the creative potential of the society and the economic potential of the country, thus opening the way for the rise of the country. By summarizing the model and experience of human capital accumulation in Germany, this paper provides reference for human capital investment policies of various countries. VL - 9 IS - 4 ER -