HUMAN CAPITAL AND SUSTAINABILITY OF RURAL DEVELOPMENT

Authors

  • Milan Milanovi?, PhD Scientific advisor, Megatrend University, Belgrade
  • Milutin ?orovi?, PhD Faculty of Agriculture, Belgrade University
  • Simo Stevanovi?, PhD Faculty of Agriculture, Belgrade University

Keywords:

resources, capital substitution, role of science, sustainability of development

Abstract

The strategies and policies of agricultural and rural development, within the overall long-term area development, traditionally lean on natural-resource capital and certain differential-rent advantages. New dimensions of the agricultural and rural multi-functionality of areas in the zones of large industrial and urban agglomerations and the inevitable processes of degradation of natural capital, stress the role of science in the process of sustaining the level of overall production potential. This presumes a certain degree of substitution of natural capital with human, primarily intellectual capital. This is the basis for considering the creating possibilities and transfer methods for new scientific knowledge, in the function of reaching a strategic developmental goal – long-term sustainability of the agricultural and rural development of a certain agro-ecological or economicgeographical region.

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References

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Published

2018-12-31

How to Cite

Milanović, M., Đorović, M., & Stevanović, S. (2018). HUMAN CAPITAL AND SUSTAINABILITY OF RURAL DEVELOPMENT. Economics of Agriculture, 57(Special nu), 99–109. Retrieved from https://ea.bg.ac.rs/index.php/EA/article/view/1066

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