Abstract

A mathematical and testing tool for personal human capital research assessment

Highlights

  • The resource provision is the principal element for economic processes implementation, its quantitative and qualitative state considerably determines the business performance, regardless of its purpose and subject

  • If aspects that are related to the involvement and use of material component of the economic process get specific results for their solution in both theoretical and practical terms, immaterial resources often become prone to scientific debate, and their role for business performance and outcomes are poorly understood by business entities

  • It is right to state that a personal goodwill may be considered as an immaterial asset, determined by human intelligence or individual intelligence, and the calculation human capital (HC) formula acquires the form of the product of the set value of the objective cost characteristics of the person on the coefficient of the individual ( К ІІ )

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Summary

Introduction

The resource provision is the principal element for economic processes implementation, its quantitative and qualitative state considerably determines the business performance, regardless of its purpose and subject. If aspects that are related to the involvement and use of material component of the economic process get specific results for their solution in both theoretical and practical terms, immaterial resources often become prone to scientific debate, and their role for business performance and outcomes are poorly understood by business entities. The development (improvement) and further testing of the evaluation tools shall be considered as the main practical task because it will enable the business managers to make decisions based on relevant information about the HC. Such an approach gives an option of more effective implementation for the HC development and, as a consequence, optimizes the use of investment (financial) resources for these purposes

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