Open AccessPatterns of Human Capital Formation
Author(s) -
Aliaksandr Hrydziushka,
Andrei Hrybau,
Vasili Kulakou
Publication year - 2021
Publication title -
olsztyn economic journal
Language(s) - English
Resource type - Journals
eISSN - 2083-4675
pISSN - 1897-2721
DOI - 10.31648/oej.7302
Subject(s) - human capital , hierarchy , economic system , human resources , resource (disambiguation) , capital (architecture) , economics , production (economics) , industrial organization , business , workforce , market economy , economic growth , microeconomics , management , computer science , computer network , archaeology , history
The main goal of the article is to identify the basic patterns of the formation of human capital (HC). An especially valuable and scarce resource of the modern economy is becoming a creative skilled worker capable of generating ideas, as well as creating and implementing new technological solutions and products.The development of the economy leads to significant transformations in the generation of resource potential, and changes in the role of individual resources. Human capital begins to play a dominant role in the resource hierarchy. It is the HC that sets in motion the production processes and determines the efficiency of using the entire resource potential.The methods of aspect analysis and of apperception used in this study made it possible to identify modern patterns peculiar to the formation of human capital in the economy, and to emphasize its objective importance and ability to significantly influence the development of society.During the research, the authors proved that human capital acquires the status of the main resource in the economy, the quantitative characteristics of the workforce capacity give way to the role of qualitative characteristics, and the development of STP requires a new employee formation to dominate the intellectual component.