Background of human capital development in the context of forming the economy of knowledge

Keywords: economy of knowledge. human capital. human capital development. entrepreneurship. human capital development stages. innovative human capital

Abstract

The general definition of human capital has been given, the most important factors of influence on it regardless of the hierarchical level of the economic system, namely education and health, have been indicated in the article.
The stages of the human capital development from the basic to the innovative one have been identified and the important internal human factors that can be influenced from the outside, reinforcing them, which will influence the increase of the level of human capital have been emphasized.
The Global Human Capital Report of the World Economic Forum in 2017 has been analyzed in order to identify the place of Ukraine and its determinants, as compared to countries, the highest level of human capital in the world. This allowed identifying the problems of human capital development in Ukraine and the corresponding directions of their overcoming. The main problems include: lowering the welfare and quality of life of the population; departure of highly skilled specialists abroad; the reduction of employment opportunities in the specialty due to the low qualification and inconsistency of the received education with the demanded occupations in the labor market, which are changing on a global scale. To overcome these problems, it is important to create certain preconditions at different hierarchical levels of the economic system in the context of the knowledge economy formation. At macro level, the prerequisites for the human capital development include: implementation of measures to overcome corruption; the revival of morality and the general culture of society; creation of a favorable innovation climate and an innovative culture of the country's population; maintenance of domestic commodity producers; development and implementation of effective intellectual property rights protection instruments at the legislative level. On the meso-level, such preconditions are: the development of higher and special vocational education in the branch directions; development of innovation infrastructure; distribution of clusters for business development; the maintenance of domestic commodity producers. At micro level, the above-mentioned prerequisites include: scientific approach to the organization of work; modern quality and efficient management system and relevant organizational structure and system of labor motivation and stimulation; introduction of innovative approaches, methods, tools in all areas of activity.

Downloads

Download data is not yet available.

Author Biography

Tetiana Iankovets, Kyiv National University of Technologies and Design
Department of Entrepreneurship and Business

References

Kyvliuk, O. Р., Sakun, A. V. (2017). Knowledge economyas an intellectual resourceof knowledge management theory. Scientific bulletin of Polissia, 2 (10 (1)), 83–89.

Olshanska, O. V., Melnyk, A. O., Iankovets, T. M. (Eds.) (2016). Efficiency of activity of enterprises in the conditions of globalization processes. Kyiv: KNUTD, 390.

Theodore William Schultz. The official website of the Simon Kuznets Kharkiv National University of Economics. Available at: http://www.hneu.edu.ua/Theodore_William_Schultz

Schultz, T. (1971). Investment in Human Capital. The Role of Education and of Research. Vol. XII. New York: The Free Press, London: Collier-Macmillan Limited, 272.

Becker, G. S. (1962). Investment in Human Capital: A Theoretical Analysis. Journal of Political Economy, 70 (5 (2)), 9–49. doi: 10.1086/258724

Becker, G. S. (1993). Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education. Chicago, London: The University of Chicago Press, 412. doi:10.7208/chicago/9780226041223.001.0001

Hrishnova, O. A. (2014). Human, intellectual and social capital of Ukraine: essence, interconnection, estimation, directions of development. Social-labor relations: theory and practice, 1 (7), 34–42.

Grishnova, О., Dmitruk, S. (2015). Human capital under crisis: evaluation and preservation opportunities search. Bulletin of Taras Shevchenko National University of Kyiv Economics, 5 (170), 11–16. doi: 10.17721/1728-2667.2015/170-5/2

Azmuk, N. (2014). The factors of formation and development of human capital innovative forms. Ukraine: aspects of labor, 3, 47–51.

Kovalchuk, V., Shakhno, A. (2016). Investing in human capital as a factor of innovation development of Ukrainian economy. Socio-economic problems and the state, 2 (15), 33–40.

Mazina, O. (2012). Estimation and factors of human capital development. State and economy. KNUTE Bulletin, 6, 16–26.

Levchenko, O. M., Plynokos, D. D., Tkachuk, O. V. (2015). Human capital as a factor for the innovative development of the national economy of Ukraine. State and Regions, 5 (86), 3–9.

Osiichuk, O. A. (2013). Human capital theory development. Bulletin of Khmelnytskyi National University, 3 (3), 138–142.

The Global Human Capital Report 2017. (2017). World economic forum. Available at: https://www.weforum.org/reports/the-global-human-capital-report-2017

Official site of the National Bank of Ukraine. Available at: https://www.bank.gov.ua/

Official site of the Transparency International (the global coalition against corruption). Available at: www.transparency.org/

Mykhailova, L. I. (2008). Human Capital: Formation and Development in Rural Regions. Kyiv: Center for Educational Literature, 388.


👁 546
⬇ 391
Published
2018-03-31
How to Cite
Iankovets, T. (2018). Background of human capital development in the context of forming the economy of knowledge. EUREKA: Social and Humanities, (2), 3-9. https://doi.org/10.21303/2504-5571.2018.00572
Section
Business, Management and Accounting