Economic theory

Conceptual foundations of human capital development in conditions of the country’s competitiveness increase

Economic Annals-XXI

Economic Annals-ХХI: Volume 137, Issue 1-2(1), Pages: 23-26

Citation information:
Kryvenko, L., & Ovcharenko, S. (2014). Conceptual foundations of human capital development in conditions of the country’s competitiveness increase. Economic Annals-XXI, 1-2(1), 23-26. https://ea21journal.world/index.php/ea-v137-06/

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Larysa Kryvenko
D.Sc. (Economics),
Professor,
Head of the Department,
Ukrainian Academy of Banking of the National Bank of Ukraine
52 Petropavlivska St., Sumy, 40000, Ukraine
krivenko@academy.sumy.ua

Svitlana Ovcharenko
Lecturer,
Ukrainian Academy of Banking of the National Bank of Ukraine
52 Petropavlivska St., Sumy, 40000, Ukraine
sv_ukr@ukr.net

Conceptual foundations of human capital development in conditions of the country’s competitiveness increase

Abstract. The article reveals the problems of theoretical and methodological foundations of the concept of human capital and its role in increasing the country’s competitiveness. The authors consider human capital from the standpoint of a fundamentally new view on its development as a category of the economy, which is one of the core concepts that allow describing and explaining in the light of human interests the diversity of economic processes. They outline the main barriers and contradictions in human capital development in Ukraine, including under investment problem. The need to develop qualitatively new paradigm of formation, efficient usage, reproduction and development of human capital of innovative type is substantiated. The practical realization of human capital theory is found, which is determined as the growth of the quality of education, science, and overall quality of life through the introduction of innovative strategies in the economy. The authors suggested the ways of human capital of innovative type forming.

Keywords: Human Capital; Competitiveness; Investment; Innovation Development; Human Capital of Innovation Type

JEL Classification: В00; J24; O15

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Received 13.11.2013

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