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Human capital as a driver of deployment by new industrialization

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This article examines certain problems of structural transformation in national and world socio-economic systems. The authors decided to consider options for applying an innovative approach to basic existing industry and service sector to minimize and eliminate existing systemic problems based on a theoretical analysis of the experience of foreign countries and principles of counteracting negative structural shifts. The article discusses some options for which implementation of modernization actions is possible. The main element here is structural policy. It singles out human capital as a toolkit for counteracting some negative consequences of transformation processes. These processes are related to the emerging conditions for the formation of new technological structures. The authors of this work propose to consider human capital as a connecting link in existing and emerging socio-economic relations between elements of emerging system. New economic realities indicate need for continuous development of a new socio-economic system. A person becomes a connecting part of a new system of economic relations. The authors conducted a study on the principles and factors of formation of modern human capital in context of renewal of generations and development of modern technologies. The authors considered institutional side of formation, reproduction and preservation of human capital in some framework in direction of structural policy. Some methods of stimulating development of human capital as a socio-economic entity have been described. In the conclusion of the article, the ultimate goal of human development is described as a socio-economic unit of emerging system of trade and service relations within some framework of natural technological development. The authors made certain conclusions within some framework of theoretical study. This article presents possible options for stimulating development of human capital and result of this investment process.

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