%0 Journal Article
%T Growth Theory and Endogenous Human Capital Development: A Contribution to the Theory of Complex Systems
%A Andreas Liening
%J Theoretical Economics Letters
%P 96-104
%@ 2162-2086
%D 2013
%I Scientific Research Publishing
%R 10.4236/tel.2013.32016
%X <p class=\"MsoNormal\">
	<span lang=\"EN-US\">As economic phenomena become increasingly
complex, the demands on models to reflect this complexity also increase.
Economic growth, for example, which depends on a variety of factors, is such a
complex phenomenon. Especially the relevance of human capital development for
modern service societies is a significant growth factor. This is, however, considered
only in few discussions.</span><span lang=\"EN-US\"> </span><span lang=\"EN-US\">In order to represent such complex phenomena</span><span lang=\"EN-US\">,</span><span lang=\"EN-US\"> adequate models are needed that go beyond linear approaches.</span><span lang=\"EN-US\"> </span><span lang=\"EN-US\">This
paper points out that models from the dynamic system theories are well suited
to illustrate human capital as a factor of economic growth.</span> 
</p>
%K Bifurcation
%K Chaos Theory
%K Complexity Sciences
%K Endogenous Growth Theory
%K Human Capital
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=30800