Litvinenko, I. та Kriklivaya, M. та Kazanbieva, A. та Toropova, T. та Nehoroshkov, P. (2021) SPECIFICITY OF INVESTING IN HUMAN CAPITAL IN MODERN RUSSIAN FEDERATION. AD ALTA: Journal of interdisciplinary research (11(2)). с. 14-19.

Text Litvinenko, I., Kriklivaya, M., Kazanbieva, A., Toropova, T., & Nehoroshkov, P. (2021) Specificity of investing in human capital in modern russian federation. зах.pdf Download(1MB)

English abstract

The article aims to analyze human capital development models in modern Russia compared to other countries of post-Soviet space. Human capital is a central factor in ensuring competitiveness in a post-industrial economy. Availability for the organization of fundamental aspects of production in traditional labor, land, and capital is due in the modern economy to the elimination of geographical barriers and the globalization of markets. Due to regional inequalities in these factors and corresponding specifics of human capital formation and development, it is advisable to study the specificity of investing in human capital in developing economies such as Russia. The methodological and theoretical basis of the research consists of the works of the classics of political economy. An increase in the diversity of supply poses the organization's new challenges, the main of which is the cost-effective selection, combination, and development of the obtained production factors. Regarding land and capital, the related problems are possible through strategic planning for the organization's development based on Total Quality Management (TQM) based on international standards. Concerning labor, such as standardization and algorithmization of development processes is not always possible. The classification of labor resources by a real firm cannot be reduced to models known from economic theory and requires a differentiated approach for each specific task facing.

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