Decision-making on sports talent for endogenous economic growth: Talents Colombia
DOI:
https://doi.org/10.47197/retos.v51.100740Keywords:
Decision-making, sports talent, endogenous economic growth, Colombia TalentAbstract
This paper aims to analyze the relationship between decision-making in the management of sports human talent and endogenous economic growth. A positivist approach was used, employing quantitative analysis methodologies such as bibliometric tools like PRISMA, citation co-occurrence, H-index, co-authorship, and factorial analysis, among others. Additionally, qualitative analysis was conducted to identify the main threads and relationships between research categories, which allowed the development of a conceptual relationship model. To establish this relationship, the individual conceptual elements of each category were initially presented, and the points of intersection that contribute to human talent management were identified. As a main conclusion, it was found that human talent management is essential in organizational strategic management and requires decision-making in areas such as recruitment, selection, training, compensation, and skill development of employees. These decisions, related to human talent or internal customers, are complex and currently focus on dimensions such as resilience and stress reduction in the workplace, among other strategies. In conclusion, this study highlights the importance of sports human talent management in the context of endogenous economic growth and emphasizes the need for strategic decision-making in this field for organizational success. The obtained clusters represent different dimensions and approaches to endogenous economic growth, encompassing environmental, social, technological, and local aspects. By considering these aspects together, the aim is to understand and promote sustainable economic growth based on internal resources. This study also demonstrates the need to improve this relationship in Colombia.
Keywords: Decision-making, sports talent, endogenous economic growth, Colombia Talent
References
Ayres, R. U. (1998). Towards a disequilibrium theory of endogenous economic growth. Environmental and Resource Economics, 11(3-4), 289-300. doi:10.1023/a:1008239127479
Bach, M. P., Knezevic, B., & Strugar, I. (2006). Strategic decision making in human resource management based on system dynamics model. WSEAS Transactions on Systems, 5(1), 285-292.
Bashir, Z., Rashid, T., & Xu, Z. (2018). Hesitant fuzzy preference relation based on α-normalization with self confi-dence in decision making. Journal of Intelligent and Fuzzy Systems, 35(3), 3421-3435. doi:10.3233/JIFS-17380
Becker, Gary (1965), A Theory of the Location of Time, The Economic Journal, 75, 493-517.
Bennett, N., Ketchen Jr., D. J., & Schultz, E. B. (1998). An examination of factors associated with the integration of human resource management and strategic decision making. Human Resource Management, 37(1), 3-16. doi:10.1002/(SICI)1099-050X(199821)37:1<3::AID-HRM2>3.0.CO;2-0
Bhaduri, A. (2006). Endogenous economic growth: A new approach. Cambridge Journal of Economics, 30(1), 69-83. doi:10.1093/cje/bei047
Boneth-Collantes, M., Salazar-Rodríguez, J., & Angarita-Fonseca, A. (2022). Use of moodle to strengthen citizenship competencies in physiotherapy students: A pretest-posttest design. [Uso de Moodle para fortalecer competencias ciudadanas en estudiantes de fisioterapia: un diseño pretest-postest] Retos, 44, 242-251. doi:10.47197/RETOS.V44I0.82517
Carvajal, M. F. A., Bonilla-Cruz, N. -., Hernandez-Peña, Y. K., & Cornejo, A. C. (2019). Intervention guidelines: Resilience and entrepreneurship in microempresaries of the health tourism sector. a psychological innovation. [Li-neamientos de intervención: Resiliencia y emprendimiento en microempresarios del sector turismo en salud. una innovación psicológica] Archivos Venezolanos De Farmacologia y Terapeutica, 38(5), 629-636.
Chen, L., Xu, Z., & Yu, X. (2014). Weakly prioritized measure aggregation in prioritized multicriteria decision mak-ing. International Journal of Intelligent Systems, 29(5), 439-461. doi:10.1002/int.21645
Chen, N., & Xu, Z. (2015). Hesitant fuzzy ELECTRE II approach: A new way to handle multi-criteria decision making problems. Information Sciences, 292, 175-197. doi:10.1016/j.ins.2014.08.054
Chi, C., Ma, T., & Chen, J. (2009). An endogenous economic growth model: Analyzing the sustainable development in china. Paper presented at the Proceedings of the 2009 International Joint Conference on Computational Sciences and Op-timization, CSO 2009, 2 494-498. doi:10.1109/CSO.2009.432
Court, V., Jouvet, P. A., & Lantz, F. (2018). Long-term endogenous economic growth and energy transitions. Energy Journal, 39(1), 29-57. doi:10.5547/01956574.39.1.vcou
Cysne, R. P., & Turchick, D. (2012). Intellectual property rights protection and endogenous economic growth revisit-ed. Journal of Economic Dynamics and Control, 36(6), 851-861. doi:10.1016/j.jedc.2011.12.005
Ehrlich, I., & Francis, T. L. (1999). Bureaucratic corruption and endogenous economic growth. Journal of Political Economy, 107(6 PART 2), S270-S293. doi:10.1086/250111
Ehrlich, I., & Kim, J. (2015). Immigration, human capital formation, and endogenous economic growth. Journal of Human Capital, 9(4), 518-563. doi:10.1086/684717
Ehrlich, I., Li, D., & Liu, Z. (2017). The role of entrepreneurial human capital as a driver of endogenous economic growth. Journal of Human Capital, 11(3), 310-351. doi:10.1086/693718
El Khanji, S., & Hudson, J. (2016). Water utilization and water quality in endogenous economic growth. Environment and Development Economics, 21(5), 626-648. doi:10.1017/S1355770X16000061
Eliasson, G. (1991). Modeling the experimentally organized economy. complex dynamics in an empirical micro-macro model of endogenous economic growth. Journal of Economic Behavior and Organization, 16(1-2), 153-182. doi:10.1016/0167-2681(91)90047-2
Estrada Gallego, Fernando (2007). Herbert A. Simon y la economía organizacional. Cuadernos de Economía, XXVI (46), 169-199.
Feldman, S. P. (2019). Memory as a moral decision: The role of ethics in organizational culture. Memory as a moral decision: The role of ethics in organizational culture (pp. 1-249) doi:10.4324/9781351325080
Fougère, M., Harvey, S., Mercenier, J., & Mérette, M. (2009). Population ageing, time allocation and human capital: A general equilibrium analysis for canada. Economic Modelling, 26(1), 30-39. doi:10.1016/j.econmod.2008.05.007
García-Belenguer, F. (2007). Stability, global dynamics and markov equilibrium in models of endogenous economic growth. Journal of Economic Theory, 136(1), 392-416. doi:10.1016/j.jet.2006.09.009
Garcia-Guiliany, J., Paz Marcano, A., & Boscán, M. (2022). Estrategias gerenciales en empresas contratistas del sector construcción en Barranquilla Atlántico. Revista Venezolana De Gerencia, 27(100), 1825-1836. https://doi.org/10.52080/rvgluz.27.100.32
Gilbert-Saad, A., Siedlok, F., & McNaughton, R. B. (2023). Entrepreneurial heuristics: Making strategic decisions in highly uncertain environments. Technological Forecasting and Social Change, 189 doi:10.1016/j.techfore.2023.122335
González-Nucamendi, A., Noguez, J., Neri, L., & Robleda-Rella, V. (2016). Predictive models to enhance learning based on student profiles derived from cognitive and social constructs. Paper presented at the Proceedings of 2015 International Conference on Interactive Collaborative and Blended Learning, ICBL 2015, 5-12. doi:10.1109/ICBL.2015.7387642
Heer, B., & Irmen, A. (2014). Population, pensions, and endogenous economic growth. Journal of Economic Dynamics and Control, 46, 50-72. doi:10.1016/j.jedc.2014.06.012
Hermans, M., & Ulrich, M. D. (2021). How symbolic human resource function actions affect the implementation of high-performance work practices: The mediating effect of influence on strategic decision-making. Human Resource Management Journal, 31(4), 1063-1081. doi:10.1111/1748-8583.12361
Huang, J., Xiong, M., & Hu, L. (2021). Impact of globalization on income inequality: A panel data econometric ap-proach. Paper presented at the ACM International Conference Proceeding Series, 162-168. doi:10.1145/3474880.3474905
Hunt, S. D. (2012). Understanding the drivers of economic growth: Grounding endogenous economic growth models in resource-advantage theory. Contemporary Economics, 6(4), 4-8. doi:10.5709/ce.1897-9254.62
Irmen, A. (2009). Frictional unemployment, labor market institutions, and endogenous economic growth. Economics Bulletin, 29(2), 1127-1138.
Irmen, A., & Tabakovic, A. (2020). Factor income distribution and endogenous economic growth: piketty meets romer. Economic Inquiry, 58(3), 1342-1361. doi:10.1111/ecin.12850
Jiménez-Sierra, D., Ortiz Padilla, M., Monsalve Perdomo, M., & Gómez García, M. (2020). “Happiness” associated with the welfare of the workforce: Categorization of variables. [“Felicidad” asociada al bienestar laboral: Categori-zación de variables] Revista Venezolana De Gerencia, 25(90), 462-476. doi:10.37960/rvg.v25i90.32393
Kinnear, T. y Taylor, J. (2000). Investigación de mercado. Un enfoque aplicad, Mc Graw Hill, México.
Kleinert, J., & Wendner, R. (2015). Status, wealth distribution, and endogenous economic growth. Dynamic approaches to global economic challenges: Festschrift in honor of karl farmer (pp. 117-129) doi:10.1007/978-3-319-23324-6_7
Kwan, Y. K., & Lai, E. L. -. (2003). Intellectual property rights protection and endogenous economic growth. Journal of Economic Dynamics and Control, 27(5), 853-873. doi:10.1016/S0165-1889(02)00018-0
Labarca Ferrer, N., Márquez Ortiz, L., & Useche Castro, L. (2021). From the theory of exogenous to endogenous economic growth: A conceptual journey. [De la teoría del crecimiento económico exógeno al endógeno: un reco-rrido analítico y conceptual] Revista Venezolana De Gerencia, 26(Special Issue 6), 245-265. doi:10.52080/RVGLUZ.26.E6.15
Leyva Carreras, A. B., Espejel Blanco, J. E., & Cavazos Arroyo, J. (2020). Human capital performance and its effect on the technological innovation capacity of SMEs. [L’effet de la performance du capital humain sur la capacité d’innovation technologique des pme] Innovar, 30(76), 25-36. doi:10.15446/innovar.v30n76.85192
Marchese, C., & Privileggi, F. (2018). Endogenous economic growth with disembodied knowledge. Journal of Public Economic Theory, 20(3), 437-449. doi:10.1111/jpet.12284
Marshak, R. J., & Heracleous, L. (2023). The effect of evocative frames on strategic decisions. Journal of Applied Beha-vioral Science, 59(1), 11-29. doi:10.1177/00218863221104864
Martín, M. Gordillo (2005). Las decisiones científicas y la participación ciudadana. Un caso CTS sobre investigación biomédica. Revista Eureka sobre enseñanza y divulgación de las ciencias. 2, (1), 38-55
Mehregan, N., & Sabeti, M. (2012). Estimation of an endogenous economic growth model for iran's provinc-es. International Business Management, 6(2), 90-94. doi:10.3923/ibm.2012.90.94
Mindeporte, Ministerio del Deporte (2023). https://www.mindeporte.gov.co/mindeporte/quienes-somos/dependencias/direccion-posicionamiento-liderazgo-deportivo/grupo-interno-trabajo-talento-reserva-deportiva/talentos-colombia
Moreno-Hurtado, C. A., Ochoa-Jiménez, D. A., & Izquierdo-Montoya, G. L. (2018). A simplified endogenous eco-nomic growth model with social capital: Evidence for ecuador. Business and Economic Horizons, 14(2), 168-184. doi:10.15208/beh.2018.14
Mu, J., Yan, L., & Wu, S. (2022). Growing with inequality: A DSGE model with heterogeneous human capital and endogenous economic growth. Applied Economics, doi:10.1080/00036846.2022.2117778
Murdicck, Robert (2014). Sistemas de información Administrativa. Editorial Prentice-Hall Hispanoamérica, S.A. México.
Prettner, K. (2013). Population aging and endogenous economic growth. Journal of Population Economics, 26(2), 811-834. doi:10.1007/s00148-012-0441-9
Prettner, K., & Prskawetz, A. (2010). Demographic change in models of endogenous economic growth. A sur-vey. Central European Journal of Operations Research, 18(4), 593-608. doi:10.1007/s10100-010-0179-y
Pugno, M. (2006). The service paradox and endogenous economic growth. Structural Change and Economic Dynam-ics, 17(1), 99-115. doi:10.1016/j.strueco.2005.02.003
Rapoport, H., & Vidal, J. (2007). Economic growth and endogenous intergenerational altruism. Journal of Public Economics, 91(7-8), 1231-1246. doi:10.1016/j.jpubeco.2007.01.001
Riascos-Erazo, S. C., García-Domínguez, A. J., & Aguilera-Castro, A. (2021). Analysis of knowledge management in the manufacturer section. [Gestión del conocimiento en el sector industrial] Revista Venezolana De Gerencia, 26(Special Issue 5), 632-649. doi:10.52080/rvgluz.26.e5.40
Roos, M. W. M. (2018). Endogenous economic growth, climate change and societal values: A conceptual mod-el. Computational Economics, 52(3), 995-1028. doi:10.1007/s10614-017-9707-3
Ryan, M. (1995). Human resource management and the politics of knowledge: Linking the essential knowledge base of the organization to strategic decision making. Leadership & Organization Development Journal, 16(5), 3-10. doi:10.1108/01437739510088464
Scott, M. (1992). A new theory of endogenous economic growth. Oxford Review of Economic Policy, 8(4), 29-42. doi:10.1093/oxrep/8.4.29
Serra-Olivares, J., Prieto-Ayuso, A., Pastor-Vicedo, J. C., & González-Víllora, S. (2020). Propuesta de evaluación multidisciplinar del talento de jóvenes futbolistas (Proposal for a multidisciplinary assessment of talented football players). Retos, 38, 782–789. https://doi.org/10.47197/retos.v38i38.73118
Shijie, Z. (2011). Modelling resource constraint to radiating area of urban agglomeration - based on theory of endoge-nous economic growth and gravity equation. Paper presented at the 2011 International Conference on E-Business and E-Government, ICEE2011 - Proceedings, 3354-3357. doi:10.1109/ICEBEG.2011.5882169
Silver, S. D., & Verbrugge, R. (2010). Home production and endogenous economic growth. Journal of Economic Behav-ior and Organization, 75(2), 297-312. doi:10.1016/j.jebo.2010.04.001
Simon, Herbert A. (1979). Rational decision making in business organizations. American Economic Review, 69: 493-513.
Smulders, S. (1995). Entropy, environment, and endogenous economic growth. International Tax and Public Fi-nance, 2(2), 319-340. doi:10.1007/BF00877504
Tan, Q., & Bowen, W. M. (2003). Endogenous economic growth in china. Chinese Public Administration Review, 2(1-2), 81-93. doi:10.22140/cpar.v2i1.2.42
Teles, V. K. (2007). Institutional quality and endogenous economic growth. Journal of Economic Studies, 34(1), 29-41. doi:10.1108/01443580710717200
Thach, N. N. (2020). Endogenous economic growth: The arrow-romer theory and a test on vietnamese econo-my. WSEAS Transactions on Business and Economics, 17, 374-386. doi:10.37394/23207.2020.17.37
Turnovsky, S. J. (1996). Applications of continuous-time stochastic methods to models of endogenous economic growth. Annual Reviews in Control, 20, 155-166. doi:10.1016/S1367-5788(97)00013-8
Valentinov, V., & Roth, S. (2022). Chester Barnard’s theory of the firm: An institutionalist view. Journal of Economic Issues, 56(3), 707-720. doi:10.1080/00213624.2022.2079932
Wahrenburg, M., Hackethal, A., Friedrich, L., & Gellrich, T. (2006). Strategic decisions regarding the vertical integra-tion of human resource organizations: Evidence for an integrated HR model for the financial services and non-financial services industry in germany, austria and switzerland. International Journal of Human Resource Manage-ment, 17(10), 1726-1771. doi:10.1080/09585190600964467
Wan, B., & Tian, L. (2022). Health-education-disaster green low-carbon endogenous economic growth model and its new accompanying effects. Journal of Cleaner Production, 359 doi:10.1016/j.jclepro.2022.131923
Xiang, C., Dong, W., Kamalden, T. F. T., Ismail, N., & Luo, H. (2023). Structural analysis of environmental factors of sports talent development. Current Psychology, doi:10.1007/s12144-023-04803-x
Xie, M., & Cui, X. (2010). A novel model of endogenous economic growth. Paper presented at the 2010 International Conference on Future Information Technology and Management Engineering, FITME 2010, 2 76-79. doi:10.1109/FITME.2010.5654888
Yang, Z., & Lin, Y. (2022). Sports product marketing and economic growth econometric dynamic analysis model based on random matrix theory. Mathematical Problems in Engineering, 2022 doi:10.1155/2022/3081378
Zhang, N., Wu, T., Wang, B., Dong, L., & Ren, J. (2016). Sustainable water resource and endogenous economic growth. Technological Forecasting and Social Change, 112, 237-244. doi:10.1016/j.techfore.2016.05.004
Zhang, Z. (2012). A random endogenous economic growth model and equilibrium analysis doi:10.1007/978-3-642-27945-4_14
Zhu, Y., Wan, B., & Tian, L. (2022). Protection of intellectual property rights, financial development and green low-carbon endogenous economic growth. Sustainability (Switzerland), 14(20) doi:10.3390/su142013029
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Retos
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and ensure the magazine the right to be the first publication of the work as licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of authorship of the work and the initial publication in this magazine.
- Authors can establish separate additional agreements for non-exclusive distribution of the version of the work published in the journal (eg, to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Is allowed and authors are encouraged to disseminate their work electronically (eg, in institutional repositories or on their own website) prior to and during the submission process, as it can lead to productive exchanges, as well as to a subpoena more Early and more of published work (See The Effect of Open Access) (in English).
This journal provides immediate open access to its content (BOAI, http://legacy.earlham.edu/~peters/fos/boaifaq.htm#openaccess) on the principle that making research freely available to the public supports a greater global exchange of knowledge. The authors may download the papers from the journal website, or will be provided with the PDF version of the article via e-mail.