Institutional features of human capital development in conditions of formation innovative economy
Globalization and the emerging geopolitical situation have sharply actualized the need for a total increase in the competitiveness of the national economy of the Russian Federation and its deep integration into the world economy. Experts note many shortcomings of the implemented state policy of the Russian Federation regarding the development and financing of innovations, highlighting that it did not allow to ensure a significant qualitative growth of innovative activities in the regions in a given time frame, as well as the launch of breakthrough innovative and high-tech industrial products with an appropriate level of added value on international markets. Also, at the same time, there is a low susceptibility of the majority of employees to various innovations, and especially, an unacceptably low level of development of the innovative potential of human capital. The experience of economically developed countries shows that it is human capital that acts as the creative core of the formation of sustainable economic dynamics in the context of the development of an innovative economy. It seems to us that the presence in the Russian Federation of an extremely wide level of innovative activity of human capital is a consequence of ineffective management of the process of its construction and development. It is clear that in such conditions, even sufficient investment in high-tech industries does not allow providing the desired effect. All this makes the formation of an innovation-oriented economy rather problematic, and hence the achievement of a significant increase in its competitiveness. Undoubtedly, this confirms the high importance of the innovative component in the formation of human capital as a key factor in the socio-ecological and economic development of the Russian Federation, which determined the choice of the topic of our research.