Scale and Role of Human Capital in the Socio-Economic Development of the Region

Abstract

The purpose of this article is to study the place and role of human capital in the socio-economic development of the region. The objectives of the study are: analysis of the role of human capital in the development of the region’s economy, the formation of human capital as an element of the region’s socio-economic system, and assessment of investment in education. The methodological foundations of the study are the methods of system analysis, comparison and analogy, logical and semantic modeling. These methods are used as a theoretical basis in the work of domestic and foreign scientists on the formation and development of human capital. Sources of information are economic and other specialized literature, articles from periodicals, research results, experience of leading Russian and foreign companies. The result of this study is the conclusions drawn from the assessment of human capital in the socio-economic development of the region.