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Out of Equilibrium$
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Mario Amendola and Jean-Luc Gaffard

Print publication date: 1998

Print ISBN-13: 9780198293804

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198293801.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 17 January 2021

The Human Resource

The Human Resource

(p.61) 3 The Human Resource
Out of Equilibrium

Mario Amendola (Contributor Webpage)

Jean‐Luc Gaffard

Oxford University Press

Together with financial resources, and its dynamic interactions with them, human resources play a central role in out‐of‐equilibrium processes of change. The concept of human resource differs both from the concept of labour input and from that of human capital. It is a richer concept, and its greater richness depends on the time perspective from which we look at it. At each given moment the human resource, looked at as a complex of skills, qualifications, and competences, appears as one of the prevailing constraints of the economy. Over time, the learning processes take place, which represent the construction phase of the production of new skills and qualifications that contribute to determine and to shape the ongoing process of restructuring of productive capacity.

Keywords:   Human constraint, human resource, learning, Wage Fund

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