The importance of labour and capital inputs in the evolution of the food industry in Poland

Abstract

The issue of modernisation of the job market for international needs in every country, even those well developed economically, arouses wide interest not only among practitioners acting in the broadly understood world economy, but also among analysts and researchers. Human capital is one of the most important resources of economies, societies and businesses. The main aim of this article is to show that the modern job market is closely connected with human capital, it evaluates with human capital and strengthens financial results, which is shown in the article on the example of food industry businesses in Poland in the post-accession period. The research process is supported by survey conducted in the period from the beginning of March to the end of May 2016 on a group of 438 businesses. The second stage of studies was conducted in 2018 and concerned research into human capital in the period 2011-2016. On the basis of certain indicators, an evaluation was made of the effectiveness of the human capital possessed, through effective of management. The results of the study confirmed that, in the research period, there was an increase in the role of human capital in businesses dealing with the manufacture of food products and beverages. This capital has enabled increases in work quality and an increasing ability to generate profit. In addition, in the businesses studied, there were different levels of use of human resources through those years, which demonstrates that the production capital of food industry enterprises was not always fully used.