IDEAS home Printed from https://ideas.repec.org/a/adf/journl/yid411.html
   My bibliography  Save this article

Dynamic optimization model of investment in human capital university teachers

Author

Listed:
  • K. I. Lavrenyuk
  • L. S. Mazelis

Abstract

The article considers one of the key factors for sustainable development of the university: the accumulation and development of human capital, implementing policies that encourage people to improve their knowledge, skills and competence. To increase the capitalization of human capital on the one hand, and increase human capital generated financial income to the university, on the other hand, the top management faces the task of optimal investment funds in the human capital of the University in a competitive environment, risks, and resource constraints. We propose a multi-period model, which describes a functional dependence of the mutual influence of human capital of university teachers and additional financial flows to the university as the level of human capital increases. According to the results of modeling and numerical calculations authors propose strategy of investing in human capital for different teachers of the department's strategic goals at the university level.

Suggested Citation

  • K. I. Lavrenyuk & L. S. Mazelis, 0. "Dynamic optimization model of investment in human capital university teachers," University Management: Practice and Analysis, Federal State Autonomous Educational Institution of Higher Education «Ural Federal University named after the first President of Russia B.N.Yeltsin»; Non-Commercial Partnership “University Management: Practice and, issue 4-5.
    • Handle: RePEc:adf:journl:y::id:411
    as

    Download full text from publisher

    File URL: https://www.umj.ru/jour/article/viewFile/411/412
    Download Restriction: no
    ---><---

    More about this item

    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:adf:journl:y::id:411. 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: Ð ÐµÐ´Ð°ÐºÑ†Ð¸Ñ (email available below). General contact details of provider: .

    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.