Competitiveness of the Human Capital as Strategic Resource of Innovational Economy Functioning
Competitiveness of the Human Capital as Strategic Resource of Innovational Economy Functioning
Author(s): Elvira Yuryevna CHERKESOVA, Evgeniya A. Breusova, Ekaterina P. SAVCHISHKINA, Nataliya Evgenyevna DEMIDOVASubject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: ASERS Publishing
Keywords: human capital; elements of human capital; competitiveness of the human capital; human potential; investments in human capital;
Summary/Abstract: The article covers the problem related to forming the human capital as a strategic resource of innovational economy functioning. It considers and analyzes the framework of categories used when studying theoretic and practical aspects of forming the human capital and competitiveness of the human capital, and researches various positions of national and foreign researchers on the essence of key notions and factors that influence the formation of the human capital.The reason ability of investments in the human capital in the long-term perspective is stipulated. The article specifies that the creation and efficient use of the human capital as a strategic resource of the company leads to actual competitive advantages of the company on the market. The author defines that the tools to form the competitive human capital as a strategic resource of the innovational economy functioning include the optimization of budgetary expenses and rational investment of resources in education and science.
Journal: Journal of Advanced Research in Law and Economics (JARLE)
- Issue Year: VII/2016
- Issue No: 21
- Page Range: 1662-1667
- Page Count: 6
- Language: English
- Content File-PDF