Problems and Prospects of Human Capital Development in Post-Industrial Society
DOI:
https://doi.org/10.18662/po/13.3/497Keywords:
Concept of human capital, informatization, knowledge, human capital index, investment in people, components of human capitalAbstract
In a post-industrial society, the analysis of human abilities to work, their formation, reproduction and effective functioning is becoming increasingly important for achieving social and economic well-being. In the realities of globalization and total informatization, the figure of a person with his knowledge, creative and intellectual abilities comes to the fore. There is a reorientation of economics from the use of labor resources to the problems of creating a qualitatively new workforce, which takes the form of human capital.
The concept of human capital testifies not only to the crucial role of man in the socio-economic system of post-industrial society, but also the need to invest in man, his education, training, health and livelihood, which are now priorities not only for individuals but also various government projects and programs. The state of human capital development is measured using the human capital index, which is calculated for each country separately.
In contrast to other studies, the article focuses on the development and importance of human capital in the realities of post-industrial society. Namely, the concept of human capital in the realities of post-industrial society is considered, the state of human capital development in modern conditions is analyzed, the influence and challenges of post-industrial society on human capital development are studied and the method of comparative analysis is applied.
References
Adams, A. (2018). Technology and the labour market: the assessment. Oxford Review of Economic Policy, 34(3), 349–361. http://doi.org/10.1093/oxrep/gry010
Becker, G. S. (1964) Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship. https://www.nber.org/books-and-chapters/human-capital-theoretical-and-empirical-analysis-special-reference-education-first-edition
Benko, N. (2020). Vzaemozvyazok struktury lyuds'kogo kapitalu ta investycij u lyudskyj kapital [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
Campbell, S. G., & Üngör, M. (2020). Revisiting human capital and aggregate income differences. Economic Modelling, 91, 43-64, https://doi.org/10.1016/j.econmod.2020.05.016
Gillman, M. (2021). Steps in industrial development through human capital deepening. Economic Modelling, 99, 105470, https://doi.org/10.1016/j.econmod.2021.02.011
Golovko, L. (2014). Liudskyi kapital yak resurs ekonomichnoho rozvytku [Human capital as the resource for economic development]. Nobel Economic Herald. https://www.researchgate.net/publication/322629190_Ludskij_kapital_ak_resurs_ekonomicnogo_rozvitku
Harris, C., & Brown, L. (2020). Does human capital pay? The influence of leader human capital and employee human capital on leader bonus earnings. Journal of Organizational Effectiveness People and Performance, 8(1), 1-15. 10.1108/JOEPP-03-2020-0029
Heyets, V., Voynarenko, М., Kholodenko, А., & Stepanok, N. (2019). Modeling state regulation of the labour market. CEUR-WS, 2422, 308–319. http://ceur-ws.org/Vol-2422/paper25.pdf
Hładkiewicz, W., & Gawłowicz, P. (2013). Information Technologies in the Postindustrial Society. Procedia - Social and Behavioral Sciences, 103, 500-505, https://doi.org/10.1016/j.sbspro.2013.10.366
Human Capital Project: Year 3 Progress Report (English) (2021). Washington, D.C.: World Bank Group. http://documents.worldbank.org/curated/en/152711635786365470/Human-Capital-Project-Year-3-Progress-Report
Kornienko, A. A. (2015). The Concept of Knowledge Society in the Ontology of Modern Society. Procedia - Social and Behavioral Sciences, 166, 378-386, https://doi.org/10.1016/j.sbspro.2014.12.540
Korotkevich, E. R. (2019). Problems of virtual identity in the digital age (social and philosophical analysis. Advances in Economics, Business and Management Research, 81, 740-741.
Kostetska, K., Gordiichuk, Y., Movchaniuk А., Vdovenko, N., Nahornyi, V., & Koval, V. (2021). Inclusive development of social entrepreneurship in nature management. Journal of Geology, Geography and Geoecology, 30(3), 500-511. https://doi.org/10.15421/112146
Krushnitska, G.B. (2014). Geneza koncepciji lyudskogo kapitalu v postindustrialnomu suspilstvi [Genesis of the concept of human capital in post-industrial society]. Businessinform, 5, 25-30. https://www.business-inform.net/annotated-catalogue/?year=2014&abstract=2014_05_0&lang=ua&stqa=3
Managi, S., Jimichi, M., & Saka, C. (2021). Human capital development: Lessons from global corporate data. Economic Analysis and Policy, 72, 268-275. https://doi.org/10.1016/j.eap.2021.08.013
Mergel, I., Edelmann, N., & Haug, N. (2019). Defining digital transformation: Results from expert interviews. Government Information Quarterly, 36(4), 101385. https://doi.org/10.1016/j.giq.2019.06.002
Naval, J., Silva, J. I., & Vázquez-Grenno, J. (2020). Employment effects of on-the-job human capital acquisition. Labour Economics, 67, 101937. https://doi.org/10.1016/j.labeco.2020.101937
Nerubasska, A., & Maksymchuk, B. (2020). The Demarkation of Creativity, Talent and Genius in Humans: a Systemic Aspect. Postmodern Openings, 11(2), 240-255. https://doi.org/10.18662/po/11.2/172
Nerubasska, A., Palshkov, K., & Maksymchuk, B. (2020). A Systemic Philosophical Analysis of the Contemporary Society and the Human: New Potential. Postmodern Openings, 11(4), 275-292. https://doi.org/10.18662/po/11.4/235
Prushkivska, E., & Pereverzeva, A. (2008). Lyudskyj kapіtal: problemy ta perspektyvy [Human capital: problems and perspectives]. Economic Bulletin of the National Mining University, 3, 17-24. http://www.irbis-nbuv.gov.ua/cgi-bin/irbis_nbuv/cgiirbis_64.exe?C21COM=2&I21DBN=UJRN&P21DBN=UJRN&IMAGE_FILE_DOWNLOAD=1&Image_file_name=PDF/evngu_2007
Rost, J., & Smith, A. (1992). Leadership: A postindustrial approach. European Management Journal, 10(2), 193-201, https://doi.org/10.1016/0263-2373(92)90069-G
Savelchuk, I., Bybyk, D., Zhytynska, M., Ivzhenko, I., Mikheiva, O., & Kunytsia, T. (2021). Trends in the Development of Social Work: Postmodern Ideas and Prospects. Postmodern Openings, 12(3Sup1), 143-154. https://doi.org/10.18662/po/12.3Sup1/356
Shkoda, T. (2021). Methodology in the Modern Theory of Human Capital and Strategic Management of Human Capital. Edukacja Ekonomistów i Menedżerów, 59(1). https://doi.org/10.33119/EEIM.2021.59.8
Voynarenko, M., Vedernikov, M., Volianska-Savchuk, L., Zelena, M., Bazaliyska, N., & Baksalova, O. (2020). Modeling of Controlling Activity as an Instrument of Influence on Motivation in the Personnel Management System of Industrial Enterprises. 2020 10th International Conference on Advanced Computer Information Technologies (ACIT), 601-606. https://doi.org/10.1109/ACIT49673.2020.9208991
World Bank (2019). World Development Report 2019: The Changing Nature of Work. Washington, DC: World Bank. https://doi.org/10.1596/978-1-4648-1328-3
Yashchyk, O., Shevchenko, V., Kiptenko, V., Razumova, O., Khilchevska, I., & Yermolaieva, M. (2021). The Impact of the Informatization of Society on the Labor Market. Postmodern Openings, 12(3Sup1), 155-167. https://doi.org/10.18662/po/12.3Sup1/
Zhavoronkova G., Chigasova N. (2010). Stanovlennya suchasnogo іnformacіjnogo suspіlstva: problemy ta perspektyvy rozvitku [Formation of the modern information society: problems and prospects of development]. Bulletin of Khmelnytsky National University, 2(3), 182 - 186. http://journals.khnu.km.ua/vestnik/pdf/ekon/2010_2_3/pdf/182-186.pdf
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 The Authors & LUMEN Publishing House

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant this journal right of first publication, with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work, with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g. post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g. in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as an earlier and greater citation of published work (See The Effect of Open Access).
Postmodern Openings Journal has an Attribution-NonCommercial-NoDerivs
CC BY-NC-ND