Three factors are paramount to enhancing human capital (one of the main components of productivity) and riding out the crisis, as already said: education, commitment and entrepreneurship.

The first two factors were briefly covered in the previous article of this section "Beyond the crisis". Now, we are going to deal with entrepreneurship, which is significant but sensitive as it may lead to inefficiency and ineffectiveness (instead of productivity and development) if not applied in the right way.

In order to achieve the best desirable results, our human capital must be trained, resolutely committed to achieving objectives but, additionally, he/she must also be able to manage the capital and labour involved. Once more, it must be reminded that knowledge and commitment are necessary but not sufficient without entrepreneurship, that is, an appropriate ability to efficiently and effectively manage the labour employed and the capital invested to achieve the expected objective.

To this effect each worker (both employed and self-employed as well as employers) must be entrepreneur of himself and of the company in which he/she works as long as his/her tasks and duties are involved, on all levels. This means that, ...