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Competitiveness of the Human Capital as Strategic Resource of Innovational Economy Functioning

Author

Listed:
  • Elvira CHERKESOVA

    (Federal State Funded Educational Institution of Higher Education Don State Technical University Shakhty Rostov Region Russian Federation)

  • Evgeniya BREUSOVA

    (Federal State Funded Educational Institution of Higher Education Don State Technical University Shakhty Rostov reg Russian Federation)

  • Ekaterina SAVCHISHKINA

    (Federal State Funded Educational Institution of Higher Education Don State Technical University Shakhty Rostov Region Russian Federation)

  • Nataliya DEMIDOVA

    (Federal State Budget Educational Institution of Higher Educational Platov South Russian State Polytechnic University NPI Shakhty Rostov Region Russian Federation)

Abstract

The article covers the problem related to forming the human capital as a strategic resource of innovational economy functioning It considers and analyzes the framework of categories used when studying theoretic and practical aspects of forming the human capital and competitiveness of the human capital and researches various positions of national and foreign researchers on the essence of key notions and factors that influence the formation of the human capital The reasonability of investments in the human capital in the long term perspective is stipulated The article specifies that the creation and efficient use of the human capital as a strategic resource of the company leads to actual competitive advantages of the company on the market The author defines that the tools to form the competitive human capital as a strategic resource of the innovational economy functioning include the optimization of budgetary expenses and rational investment of resources in education and science

Suggested Citation

  • Elvira CHERKESOVA & Evgeniya BREUSOVA & Ekaterina SAVCHISHKINA & Nataliya DEMIDOVA, 2016. "Competitiveness of the Human Capital as Strategic Resource of Innovational Economy Functioning," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 7(7), pages 1662-1667.
    • Handle: RePEc:srs:jarle0:v:7:y:2016:i:7:p:1662-1667
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    Cited by:

    1. Hameed, Kamran & Arshed, Noman & Yazdani, Naveed & Munir, Mubbasher, 2021. "Motivating business towards innovation: A panel data study using dynamic capability framework," Technology in Society, Elsevier, vol. 65(C).
    2. Aftab Ahmed Memon & Zhimin Liu, 2019. "Assessment of Sustainable Development of the Performance of Higher Education Credentials in the Transitive Labor Market," Sustainability, MDPI, vol. 11(9), pages 1-14, May.
    3. Izabela Krawczyk-Sokolowska & Agata Pierscieniak & Wieslawa Caputa, 2021. "The innovation potential of the enterprise in the context of the economy and the business model," Review of Managerial Science, Springer, vol. 15(1), pages 103-124, January.

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