Abstract

The article considers the key aspects of the formation and development of human capital. The approaches are analyzed and the definition of human capital as a socio-economic category is formulated. The factors of formation, development and management of human capital are determined. Effective state management of the development of human capital requires the definition of conceptual foundations for improving theoretical and methodological tools. The theoretical and methodological foundations of the formation and development of human capital are formulated on the basis of dialectics, systematicity, the law of the general development of the system and the forms of its manifestation. Methodological patterns of formation and development of human capital are formed. The classification of the human capital structure was carried out in accordance with the formation of the general principles of human capital management and investment principles. The structure of human capital is classified according to the following characteristics: by constituent elements, by types of goods, by levels of management, by temporary changes, by subjects of management and investment. It is proved that the management of the development and investment of human capital is based on its elemental structure with the allocation of a system of private, collective and public goods and the differentiation of components with a time characteristic of the activity of use. The component approach to the formation of the structure of human capital determined the consideration of the following elements: capitalized contribution to the development of future generations, physiological, entrepreneurial, intellectual, social capital, transactional effect, effects of corporate rights and public goods. An improved concept of the «knowledge-based society» based on the proposal to introduce an additional component of institutionalization with the components «labor», «capital», «institutions». The foundations and factors of the formation and development of human capital, the mechanism of functioning of human capital in the economic system are studied in detail.

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