IDEAS home Printed from https://ideas.repec.org/a/ole/journl/v16y2021i1p5-16.html
   My bibliography  Save this article

Patterns Of Human Capital Formation

Author

Listed:
  • Aliaksandr Hrydziushka

    (Belarussian State Agricultural Academy)

  • Andrei Hrybau

    (Grodno State Agrarian University)

  • Vasili Kulakou

    (Jan Kochanowski University of Kielce, NAWA)

Abstract

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.

Suggested Citation

  • Aliaksandr Hrydziushka & Andrei Hrybau & Vasili Kulakou, 2021. "Patterns Of Human Capital Formation," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 16(1), pages 5-16, November.
  • Handle: RePEc:ole:journl:v:16:y:2021:i:1:p:5-16
    DOI: https://doi.org/10.31648/oej.7302
    as

    Download full text from publisher

    File URL: https://czasopisma.uwm.edu.pl/index.php/oej/article/view/7302/5768
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.31648/oej.7302?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    human capital; resource potential; science; education; economic development; investment; labor market;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ole:journl:v:16:y:2021:i:1:p:5-16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wioletta Wierzbicka (email available below). General contact details of provider: https://czasopisma.uwm.edu.pl/index.php/oej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.