Strategic planning methodology and alternative management decisions in management
Keywords:
human capital, innovative economy, science and education, information and knowledge, investments in human capitalAbstract
The study investigates the relationship between human capital levels and innovative development across various nations during the shift to the sixth technological paradigm. The authors hypothesized that the sensitivity and impact of innovations on human capital would significantly differ among various country groups.
To verify this hypothesis, the authors utilized analytical, statistical, and correlation-regression methods. This multifaceted approach enabled the identification of varying degrees of correlation between human capital levels and GDP, human capital and innovation, and the comprehensive effect of innovation.
The research findings are applicable in forming proposals and measures for regulating innovation processes, with a focus on prioritizing national interests in the scientific, technological, and economic development sectors. Additionally, the study highlights current economic trends and their impact on the formation of human capital, detailing the contemporary requirements of an innovative economy.
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