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10.5593/sgemsocial2017/34/S13.035

HUMAN CAPITAL – THE PROSPECTS OF DEVELOPMENT IN HIGHER EDUCATION SYSTEM

N. Kotova, S. Kotov, A. Blohin, L. Ogannisyan, Y. Borzilov
Tuesday 24 October 2017 by Libadmin2017

References: 4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017, www.sgemsocial.org, SGEM2017 Conference Proceedings, ISBN 978-619-7408-21-8 / ISSN 2367-5659, 24 - 30 August, 2017, Book 3, Vol 4, 271-276 pp, DOI: 10.5593/sgemsocial2017/34/S13.035

ABSTRACT

The article describes the effectiveness of education system, which is the foundation element in the process of human capital formation. Nowadays higher education stands as the main element of a stable development in the modern world. It is intended to use its great potential to reproduce human capital. Education is the most efficient way to increase labor quality and productivity. This idea is massively supported by the human capital theorists all over the world As the result of the fulfilled analysis the authors find out what main objectives of higher education system must be solved to increase human capital indexes. The article also considers the problem and ways to determine the role of higher education in human capital formation, which includes upgrading students’ professional training solutions of the higher education role in human capital formation, which are to increase students training. The authors conclude that higher education influences positively human potential, as well as allows conducting the analysis of forms and mechanisms of investments into lecturers and professors’ human capital and understanding human capital as the final product of collaboration of higher and post-graduate education

Keywords: human capital formation, higher education system, education, professional training

PAPER DOI: 10.5593/sgemsocial2017/34/S13.035 ; HUMAN CAPITAL – THE PROSPECTS OF DEVELOPMENT IN HIGHER EDUCATION SYSTEM

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