The Role of Human Capital in Increasing Tourism Potential in a Post-Conflict Situation

by Latif Zeynalli¹ and Emin Rahimli^2
1 Azerbaijan State Oil and Industry University (Baku, Azerbaijan)
² Azerbaijan State Oil and Industry University (Baku, Azerbaijan)
DOI: https://doi.org/10.29202/fhi/17/12
Received: 8 January 2022 / Accepted: 6 March 2022 / Published: 29 May 2022

Tourism has become one of the fastest-growing sectors in the economies of many countries worldwide since the second half of the twentieth century and an important tool in achieving overall economic prosperity. Today, governments, private entities, and individuals recognize the value of human capital in increasing tourism revenue and accelerating economic development in economies where tourism development is a priority. In this context, efforts to develop human capital, in addition to tourism, should be stepped up. Human capital development is a widely accepted policy for increasing international competitiveness, particularly in developing countries. In this regard, it is preferable to define the role of human capital in the article in order to improve the tourism potential in liberated territories.

Keywords: Azerbaijan, Karabakh Economic Region, East Zangazur Economic Region, tourism potential, human capital.

Bourouaha, A., Bouredja, S., and Maliki, S. (2017) Human capital for Tourism industry: Evidence from Algeria. 16th International conference of MEEAAt: TED University, Ankara – Turkey. Available online: https://www.researchgate.net/publication/334283086_Human_capital_for_Tourism_industry_Evidence_from_Algeria

---

Brida, J.G., and Pulina, M. (2010) A literature review on the tourism-led-growth hypothesis. Working Paper CRENoS, 201017. Available online: https://ideas.repec.org/p/cns/cnscwp/201017.html

---

Crnjar, K. (2018) Human Capital capabilities for sustainable competitive advantage in tourism industry. KnE Social Sciences. Available online: https://knepublishing.com/index.php/Kne-Social/article/view/3535/7415

---

Dragolea, L.L., and Cotîrlea, D. (2011) The influence of brain drain phenomenon on tourism sector. International Journal of Economic Practices and Theories, 1(1), 20-27. Available online: https://ideas.repec.org/a/aes/ijeptp/v1y2011i1p20-27.html

---

Fedorchenko, V.K., Kutuev, P.V., Fedorchenko, N.V., and Vasilets, O.I. (2021) Tourism and education in formation of the human capital agency. Linguistics and Culture Review, 5 (S2), 246-258. https://doi.org/10.21744/lingcure.v5nS2.1343

---

Gani, S.A., and Dar, M.A. (2018) Human resources in tourism industry: The real gamechangers. IOSR Journal of Business and Management, 20(3), 83-90. Available online: https://www.iosrjournals.org/iosr-jbm/papers/Vol20-issue3/Version-4/J2003048390.pdf

---

Hobdari, B., Sun, P., and Goodstein, J. (2016) Multi-dimensional institutional reforms and board human and social capital in emerging markets. Academy of Management Proceedings, Vol. 2016, No. 1, 121-132. https://doi.org/10.5465/ambpp.2016.12132abstract

---

Kurdashvili, L., and Meskhia, I. (2016) The role of human capital in the development of tourism business. Turisticko poslovanje, Volume 18, 25-32. Available online: https://pdfs.semanticscholar.org/8ec7/61acb3e6b7f7c3fe3f131bec5fb83ccca6e5.pdf

---

Milovanovic, V. (2017) The impact of human capital on tourism development. Tourism International Scientific Conference Vrnjacka Banja – TISC, 2(2), 54-72. Available online: http://www.tisc.rs/proceedings/index.php/hitmc/article/view/91

---

Panagiotidis, T., Panagiotou, T., and Mussoni, M. (2012) Tourism led growth: evidence from panel cointegration tests. Working Paper series, 74-12. Available online: https://ideas.repec.org/p/rim/rimwps/74_12.html

---

Raj, A.P. (2008) Human capital needs and challenges for the tourism sector. South Asian Journal of Tourism and Heritage, 1(1), 39-45. Available online: https://www.sajth.com/old/05%20HR_needs_for_Tourism%5B1%5Dartical%202008_I%20Proof.pdf

---

Stauvermann, P.J., and Kumar, R.R. (2017) Productivity growth and income in the tourism sector: Role of tourism demand and human capital investment. Tourism Management, Volume 61, 426-433. https://doi.org/10.1016/j.tourman.2017.03.006

---

Stryzhak, O., Akhmedova, O., Leonenko, N., Lopatchenko, I., and Hrabar, N. (2021) Transformation of human capital strategies in the tourism industry under the influence of economy 4.0. Problems and Perspectives in Management, 19(2), 145-156. http://dx.doi.org/10.21511/ppm.19(2).2021.12

---

The State Statistical Committee of the Republic of Azerbaijan (2022) Available online: https://www.stat.gov.az/

Zeynalli, Latif and Emin Rahimli (2022) The Role of Human Capital in Increasing Tourism Potential in a Post-Conflict Situation. Future Human Image, Volume 17, 101-110. https://doi.org/10.29202/fhi/17/12