Human Factor and Economic Growth in Conditions of Post-industrialization

2004 ◽  
pp. 85-96
Author(s):  
S. Egorov
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Technical Progress ◽  
Human Factor ◽  
Industrial Society ◽  
Wage Level ◽  
State Technical ◽  
Post Industrial

The increase of the role of human factor in post-industrial society and influence of that shift on the theory of economic growth are examined in the article. Special attention is paid to transformation of labor and capital. The influence of the size of the state, technical progress, educational system and wage level on rates of economic development is considered. The author examines the basic opportunities of increasing the value of human capital as the base of sustainable economic development of Russia.

THEORETICAL AND METHODOLOGICAL FUNDAMENTALS OF FINANCIAL SUPPORT DIRECTIONS FORMATION FOR INNOVATIVE DEVELOPMENT OF ECONOMY

2021 ◽  
Vol 1 (21(49)) ◽  
pp. 67-75
Author(s):  
Mykhailo Krupka ◽  
Mariya Yaremyk
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Financial Support ◽  
Industrial Society ◽  
Innovative Development ◽  
Support For Innovation ◽  
Scientific Papers ◽  
Post Industrial ◽  
The Relationship ◽  
Innovation Processes

The article summarizes scientific knowledge about the innovative development of the economy. Currently, there are conflicting views in scientific papers on the conditions for the emergence and spread of innovation, especially in times of economic crisis. Therefore, the aim of this study is to reveal the views of scientists on the role of innovation in economic development and substantiating the principles of forming areas of financial support for innovation to overcome the effects of economic crises and strengthen the country's competitiveness. The study of the main fundamental theories of innovative development allowed to summarize the views of scientists on the relationship between economic development and innovation processes. Based on the theoretical views of scientists, two paradigms of post-industrial society have been identified, which are based on understanding the relationship between the nature of cycles of economic development and innovation, as well as the presentation of innovative development as a factor of economic growth. The analyzed theories of innovative development reveal innovations as an integral factor of economic growth of any society. The main reason for the cyclical nature of economic development according to the theories of innovation is the uneven nature of the introduction of innovations, which causes periodic violations of economic equilibrium. The study of these patterns makes it possible to justify the direction of innovation processes and develop a financial mechanism for their stimulation. Today, innovation should become a top priority in efforts to accelerate the economic development of states, which will ensure the implementation of intensified investment processes and the implementation of ways out of the crisis. That is why, in our opinion, the study and use of theories of innovative development in times of economic shocks should be the basis for developing a long-term innovative model of economic development.

scholarly journals DEVELOPMENT OF HUMAN CAPITAL OF ENTERPRISE AS A CONDITION OF ECONOMIC GROWTH OF SOCIETY

2020 ◽  
pp. 17-25
Author(s):  
Ruslan Mann ◽  
Dmytro Lyashov
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
National Economy ◽  
Cultural Development ◽  
Social Progress ◽  
Individual Enterprise ◽  
Main Components ◽  
Capital Development

The growth of crisis processes at present stage of socio-economic development of Ukraine increases the importance of understanding the role of individual in achieving social progress. Traditional approaches of understanding the sources of economic development are losing their relevance, shifting the emphasis to the intangible resources of innovative renewal, especially human capital. That is why investigation of role and importance of human capital development of enterprise in ensuring the economic growth of national economy and improving the welfare of its population in particular is very important.The purpose of the research is justification of scientific approaches to understanding the nature and importance of human capital of enterprise in ensuring the economic growth of society.The article substantiates the role of human capital of enterprise in the economic growth of individual, enterprise and society as a whole. The essence of the category «human capital of enterprise», the forms of its manifestation depending on the stage of implementation, the functions and need for its development for enterprise are determined. The author's vision of human role in formation and using of human capital in the context of achieving economic development of society is presented. The role and types of investments in formation and development of human capital of enterprise are substantiated. The peculiarities of this type of investments different from the financing of other enterprise capital are presented. Separated three main components of human capital, the development of which requires investment: health, education and cultural development of employees. The possibilities of investment of these directions by enterprise are characterized. There was noted that the relevant costs should be considered not as consumer but as investment, as they are profitable not only for one person but also for society, providing a significant effect of national economy growth as a whole.

Human Capital in the European Union:Public and Supranational Context

2012 ◽  
pp. 80-97
Author(s):  
M. Klinova ◽  
Y. Sidorova
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
European Countries ◽  
European Experience ◽  
Europe 2020 ◽  
Key Factor ◽  
Modern Economic

The article examines the process of shaping and employment of human capital as a key factor in modern economic development. The interconnection between human capital and economic growth in the European countries is analyzed, as well as the role of human capital for realization of the Strategy Europe 2020. The significance of European experience for managing human capital in Russia is reviewed.

scholarly journals Human Capital: Challenges for Russia

2012 ◽  
pp. 114-132 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
New Technologies ◽  
Pension System ◽  
International Competition ◽  
Modern Economic Growth ◽  
Private Spending ◽  
Modern Economic ◽  
Post Industrial

Education, healthcare and pension system are the key sources of modern economic growth. They need profound transformation based on post-industrial challenges. The new principles of transformation of these sectors include individualization of services, their privatization (a rising role of private spending), life-long demand for them, globalization (international competition), and development of radically new technologies to provide them.

The Problem of the Impact of Human Capital Formed in the Education System on the Socio-Economic Development of Russian Regions

2021 ◽  
Vol 9 (2) ◽  
pp. 34-37
Author(s):  
Leonid Basovskiy ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Education System ◽  
Russian Regions ◽  
Industrial Economy ◽  
Socio Economic Development ◽  
Post Industrial ◽  
The Impact ◽  
Positive Effect

The paper put forward hypotheses that the possibility of economic growth during the transition to a post-industrial economy is determined by human capital formed in the higher education system, the possibility of economic well-being in the transition to a post-industrial economy is determined by human capital formed in the tertiary system. Education, institutional transformations in the education system due to their incon-sistency and approaches based on the administrative and control style of management inherited from the industrial economic system, worsen the conditions for the formation of human capital in the education system of modern Russia. To assess the impact of the socio-economic development of human capital formed in the education system, it is proposed to perform by means of a correlation analysis of links between indicators characterizing the composition of the employed population by education level and indi-cators characterizing the socio-economic development of Russian regions by years of a twenty-year period starting from 2000 to 2019. Preliminary research has made it possible to establish that the employed population of the regions with higher education has a positive effect on economic growth in the regions, but this influence is decreasing; the employed population of the regions with lower levels of education negatively affect the economic growth in the regions. The employed population of regions with higher and professional education has a positive effect on the welfare of the regions.

The Demographic Transition and Long-Term Development

2017 ◽  
Author(s):  
Matteo Cervellati ◽  
Uwe Sunde
Keyword(s):  
Nonlinear Dynamics ◽  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Future Development ◽  
Demographic Transition ◽  
Similarities And Differences

This introductory chapter discusses the role of the demographic transition as a key turning point for economic development. It begins by describing the stylized pattern of the demographic transition and detailing the facts regarding similarities and differences across countries. By looking at the close links between demographic and economic development, the chapter highlights the different mechanisms through which the demographic transition affects economic growth. It also illustrates the implications of the nonlinear dynamics of the demographic transition for economic development through the human capital-acquisition channel; addresses the fundamental determinants of the transition; and provides an overview of likely implications for future development.

scholarly journals Social Mobility in James Kelman’s A Disaffection

2020 ◽  
pp. 43-56
Author(s):  
Fadi Mumtaz Alrayes ◽  
Anan J Lewis Alkass Yousif
Keyword(s):  
Human Capital ◽  
Working Class ◽  
Social Mobility ◽  
Social Representation ◽  
Industrial Society ◽  
Class Structure ◽  
Class Identity ◽  
Class Division ◽  
Post Industrial

Though social mobility in the post-industrial society of Scotland has helped changing social class structure, Scottish working class still suffers from cultural devaluation. That is to say, in a post-industrial society, knowledge is not really the main human capital. The purpose of this study is to explore Kelman’s untraditional cultural and social representation of the Scottish working class individual and his everyday experiences. Based on the novelist’s individualization of the Scottish working class characters, the study argues that in the post-industrial times in which social mobility can be achieved, contemporary societies like Glasgow still suffers from class division and cultural fragmentation. This article discusses Kelman’s novel A Disaffection (1989), exploring the character of Patrick Doyle, a bitter and alienated schoolteacher whose portrayal raises  questions about the role of education in social mobility, issues of cultural and class estrangement, which form a major factor in reconstructing or deconstructing the working class identity.

The Role of the Human Capital in the Corruption-Economic Growth Nexus

2020 ◽  
Vol 11 (4) ◽  
pp. 60-79
Author(s):  
Terzi Chokri ◽  
El Ammari Anis
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Technical Progress ◽  
Physical Capital ◽  
Short Term ◽  
Long Run ◽  
Negative Effect ◽  
Outstanding Result

This article examines the corruption effects on economic growth in Tunisia during the period 1987 to 2016. The model used in this study is an extension of Solow's model by defining corruption in the field of technical progress. In order to delineate the role of the human capital in corruption, the study sets out to estimate the model firstly in the absence and in the presence of human capital. One outstanding result of VECM estimations is that, in the long run, the human capital plays a key role in the increase of the effect of the total corruption and the decrease in the effect of the growth of the population without effecting a change in the physical capital. In the short term, human capital allows to transform the negative effect of the delayed variable output into a positive one. It also increased the effect of total corruption and made the effect of physical capital positive.

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

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