Imperative Of Human Capital Management Transformation In The Development Of Economic Systems

Abstract

Human capital is the main factor of modern economic growth. As before, human capital is the strong point of Russian innovation system but the risk of decline in its quality and of “brain drain” is high. In terms of share of population with higher education and quality of school education Russia is at the same level as the leading world countries. Quality of university education is getting better; Russian higher educational institutions are strengthening their positions in certain subject ratings. At the same time, negative short-term dynamics in the development of high-tech and science-based types of activity (amid internal growth) and negative long-term dynamics in the development of information industry have been observed. Gap between Russia and benchmark countries in terms of share of science-based service sectors in GDP is higher than in terms of share of high-tech sectors of manufacturing industry. The authors have used classical methods of integrated and system analysis as well as specific research methods: the concept of comparative analysis that enabled to study factors of building up competences and formulate theoretical model of human capital transformation. The article demonstrates the need, the importance of changes in human capital management through transformation of higher university education, including in the field of industrial engineering. Trends for future human capital management for the period of 2017-2022 have been described. The authors have described the chronology of emergence of trends, problems and changes in the system of human capital management during the last six years – since 2012 to 2017.