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The Impact of Modern Globalization Processes on Innovative Development of Labor Potentia

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  • R.S. Chornyi
  • N.P. Chorna

Abstract

The influence of modern globalization processes on the innovative development of the labor potential in the paper was defined. The solution of the problems of social and labor sphere development for the regions of Ukraine should be done through new approaches, namely on innovative principles was founded. This means that the focus should concentrate on the efficiency enhancing development of educational-qualification component, because the implementation of the majority of management decisions requires time and generational changes with the formation of the new set of values, obviously can only be achieved through the educational sphere. It is proved that the active cross-border transfers of information, knowledge, technologies and human resources (migration) determine the importance to take into account the globalization factor when searching for opportunities to improve employment conditions.

Suggested Citation

  • R.S. Chornyi & N.P. Chorna, 2017. "The Impact of Modern Globalization Processes on Innovative Development of Labor Potentia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 17-29.
    • Handle: RePEc:bas:econst:y:2017:i:6:p:17-29
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    References listed on IDEAS

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    1. Mulligan, Casey B & Sala-i-Martin, Xavier, 2000. "Measuring Aggregate Human Capital," Journal of Economic Growth, Springer, vol. 5(3), pages 215-252, September.
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    3. John W. Kendrick, 1976. "Total Capital and Economic Growth," NBER Chapters, in: The Formation and Stocks of Total Capital, pages 111-125, National Bureau of Economic Research, Inc.
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    More about this item

    JEL classification:

    • F01 - International Economics - - General - - - Global Outlook
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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