Intellectualization of economy and quality of human capital in the context of lifelong learning system development in the world
Economic Annals-ХХI: Volume 192, Issue 7-8(2), Pages: 38-51
Citation information:
Kakhovska, O., Rasshyvalov, D., Popova, D., & Tyshchenkova, I. (2021). Intellectualization of economy and quality of human capital in the context of lifelong learning system development in the world. Economic Annals-XXI, 192(7-8(2)), 38-51. doi: https://doi.org/10.21003/ea.V192-04
Olena Kakhovska
D.Sc. (Economics),
Professor,
Department of Economics and Entrepreneurship,
Prydniprovska State Academy of Civil Engineering and Architecture
24a Chernyshevsky Str., Dnipro, 49600, Ukraine
olenakakhov@ukr.net
ORCID ID: https://orcid.org/0000-0002-6235-968X
Dmytro Rasshyvalov
PhD (Economics),
Associate Professor,
Head, Department of International Business,
Institute of International Relations,
National Taras Shevchenko University of Kyiv
36/1 Yuriy Illienko Str., Kyiv, 04119, Ukraine
rasshyvalov@ukr.net
ORCID ID: https://orcid.org/0000-0002-1404-9302
Diana Popova
PhD Student (International Economics),
Department of International Business, specialty «International Economic Relations»,
MA (International Economic Relations), MA (International Law),
Institute of International Relations,
Taras Shevchenko National University of Kyiv
36/1 Yuriy Illienko Str., Kyiv, 04119, Ukraine
Dianapopova1995@gmail.com
ORCID ID: https://orcid.org/0000-0002-8099-0109
Iryna Tyshchenkova
PhD (Law),
Associate Professor,
Department of General Law Disciplines,
Dnipropetrovsk State University of Internal Affairs
26 Gagarin Ave., Dnipro, 49005, Ukraine
tishchenkova@ukr.net
ORCID ID: https://orcid.org/0000-0003-0323-5035
Intellectualization of economy and quality of human capital in the context of lifelong learning system development in the world
Abstract. In the presented research, a comprehensive analysis is undertaken in relation to such complex phenomena of the modern knowledge society as «intellectualization of economy», «human capital» and «lifelong learning» in their inextricable interrelation and within a single research discourse. Novel connotations, which have emerged within the content of these categories with the transition to the sixth techno-economic paradigm, were respectively substantiated. The definitions of intellectualization of economy have been provided with the account for specific characteristics of highly skilled labor that are formed by the system of lifelong learning. The latter, it its turn, performs social as well as economic and production functions which attests to an ambivalent nature of education as a public and simultaneously an economic good.
It is proven that in all diversity of existing indices and studies on the intellectualization of economy conducted according to various indicators the assessment of the national system of lifelong learning is up until presently not used within these studies in the capacity of a significant factor of development of national human capital. The paper contains a research methodology developed and suggested by the authors for assessment of quality of human capital on the basis of analysis of the state of population enrolment in lifelong learning. The work incorporates an elaborated calculation of the corresponding index for ten countries of the world recognized as the leaders in the intellectualization of economy.
Keywords: Intellectualization of Economy; Human Capital; Quality of Human Capital; Lifelong Learning; Population
JEL Classification: F29; O15; Н52
Contribution: The authors contributed equally to this work.
Data Availability Statement: The dataset applied is publicly available and provided by OECD, UNDP, CEOWORLD, Global Innovation Index; Statisticstimes.
DOI: https://doi.org/10.21003/ea.V192-04
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Received 6.06.2021
Received in revised form 29.06.2021
Accepted 9.07.2021
Available online 21.09.2021