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Interrelationship between Human Capital Structure and Investment in Human Capital
Benko N. M.

Benko, Nadiia M. (2020) “Interrelationship between Human Capital Structure and Investment in Human Capital.” Business Inform 10:96–104.
https://doi.org/10.32983/2222-4459-2020-10-96-104

Section: Investment Processes

UDC 330.354

Abstract:
Empirical researches prove a relationship between investment in human capital and economic growth, but assessing human capital itself, as well as the effectiveness of relevant investments, presents a practical problem. The article is aimed at specifying scientific approaches to generalization of investment objects, components and schemes of human capital formation for the development of a modern theoretical ground for the development of investment in the human capital of the country’s economy. To achieve this aim, the article sets a task of research on types of capital, their content characteristics, structure of human capital, investments in human capital for the needs of management of the national economic system. Important for human capital research is that investments in human capital ensure the growth of the value of human labor, and this is the most important factor in the transformation of the economy, modernization of economic institutions. By this provision is stated that economic growth is not only achieved through technology transfer, investment in physical capital and accumulation of knowledge, but also depends on human capital, including improving people’s health, reducing crime, providing appropriate social climate and institutions, as well as education. Thus, under such conditions, economic development should be considered not only as an increase in economic growth, but also as an investment in human capital ? in the components of its structure. A system-component approach is substantiated, which, unlike the existing one, defines the composition of the structure of human capital and types of investments in human capital, strengths and weaknesses, opportunities and threats of investing in human capital as the main element of productive forces.

Keywords: capital, human capital, human capital structure, investment, investment activity, investment process.

Fig.: 1. Tabl.: 6. Bibl.: 9.

Benko Nadiia M. – Applicant, National Academy of Management (10 Vіnnytska Str., Kyiv, 03151, Ukraine)
Email: [email protected]

List of references in article

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Nosyk, O. M. “Formy liudskoho kapitalu: holovni pidkhody do vyznachennia“ [Forms of Human Capital: The Main Approaches to Defining]. Visnyk Natsionalnoho universytetu «Yurydychna akademiia Ukrainy imeni Yaroslava Mudroho». 2014. http://econtlaw.nlu.edu.ua/wp-content/uploads/2015/12/3-149-158.pdf
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Marushchak, N. P. “Liudskyi kapital yak faktor rozvytku ekonomiky Ukrainy“ [Human Capital as a Factor in the Development of Ukraine's Economy]. http://www.rusnauka.com/SND/Economics/14_maruschak%20n.p..doc.htm
Balandina, T. M., and Bychenko, Yu. G. “Samorazvitiye chelovecheskogo kapitala v Rossii“ [Self-Development of the Human Capital in Russia]. Aktualnyye problemy gumanitarnykh i sotsialno-ekonomicheskikh nauk, vol. 11, no. 3 (2017): 21-25.
Romanova, Ye. B. “Investitsii v razvitiye chelovecheskogo kapitala“ [Investments in the Development of Human Capital]. Izvestiya Rossiyskogo gosudarstvennogo pedagogicheskogo universiteta im. A. I. Gertsena. 2008. https://lib.herzen.spb.ru/media/magazines/contents/1/34(74)1/romanova_34_74_1_436_439.pdf

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