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The Impact of Regional Human Capacity on Sustainable Economic Development

Abstract

The present study examines the process of human resources management at the regional and corporate level through the lens of innovation processes pertaining to the regional economy. It reflects the processes of regional human capacity formation and its management within the context of Russia’s innovative development. Aim. The obtained results reveal those specific aspects of human resources management that facilitate the development and continuous improvement of human capacity through the educational system, the main purpose of which is to supply the national economy with a highly qualified workforce to meet the requirements of the labor market. Tasks. The author evaluates the actual volume of investment in regional and corporate human capacity with allowance for the existing underused human and labor potential. Methods. This study uses the methods of comprehensive analysis and synthesis of the assessment of investment in regional and corporate human capacity with the purpose of developing managerial solutions that would ensure rational reproduction of intellectual human capacity that enhances regional competitiveness. Results. The author points out that Russia is not devoting enough attention to the development of regional human capacity. Therefore, measures aimed at activating human capacity through human resources management at an enterprise become a priority. Conclusion. A comprehensive approach to human resources management in a region enhances corporate human capacity as a major factor of economic competitiveness of the region in which competitiveness determines the role and place in the national economic space.

About the Author

Kirill V. Klyuev
St. Petersburg University of Management Technologies and Economics
Russian Federation


References

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Review

For citations:


Klyuev K.V. The Impact of Regional Human Capacity on Sustainable Economic Development. Economics and Management. 2018;(6):9-13. (In Russ.)

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ISSN 1998-1627 (Print)