12. Role of human capital to increase production and the economic efficiency of agricultural farms

Author: Nelly Bencheva, Milena Tepavicharova

DOI: n/a


The development of modern management science increasingly regarded man as the most valuable asset and the carrier of competitive advantage for any business organization.
The purpose of this article is to analyze the status and development of the human capital and assess its role in increasing production and economic efficiency in different size, status and ownership of farms.
The study covers the period between 2007-2012 and is based on data from the National Statistical Institute, Bulletins of the Agricultural Statistics department of MAF, specifically designed for the purpose of analyzing questionnaires, direct contact, company records and more. To specify the data and information the method of interview is applied.