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Human capital Management in the context of Digital Economy

Abstract

The presented study examines human capital management in the context of digital transformation of the economy. Aim. The study aims to develop the basic elements of management of formation and accumulation of human capital using digital technologies: Big Data, Internet of Things (IoT), cloud storage and cloud computing, and Machine Learning. Tasks. The author examines the basics of formation and accumulation of human capital and identifies the growth factors of human capital value based on the analysis of experimental application of digital technologies in various economic sectors; determines the specifics of using digital technologies to increase the value of human capital; analyzes the risks of and opportunities for the implementation of new human capital analysis technologies for employers and employees; determines ways to efficiently use digital technologies for human capital management. Methods. This study uses the methodology of the neoclassical school and analysis of human capital to substantiate the improvement of the informational efficiency of labor markets and targeted human capital management using modern digital technologies. Results. The author proves that the digital economy increases the mobility of human capital, offering opportunities for entering global markets. The digital economy forms a new intellectual and information space by creating virtual services for multiplying the value of human capital, at the same time generating new risks of human capital management. Analysis of the contemporary approach to human capital management determines the leading role of convergence of digital technologies in their impact on the increasing efficiency and transparency of labor markets. It is substantiated that digital technologies allow for more detailed segmentation of employees and, consequently, more precise identification of their human capital. Conclusions. Digital technologies rationalize the formation of efficient combinations of human resources into motivated project teams by structuring large amounts of data. The digital economy creates an environment of digital services that enable integration of human capital and smart machines into the global digital space, thereby creating the prerequisites for using increasing amounts of data for the assessment and prediction of sustainable economic development.

About the Author

Nail Gabdullin
Institute of Management, Economics, and Finance of the Kazan Federal University
Russian Federation


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Review

For citations:


Gabdullin N. Human capital Management in the context of Digital Economy. Economics and Management. 2018;(12):66-75. (In Russ.)

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ISSN 1998-1627 (Print)