MODEL OF THE INFLUENCE THE HUMAN CAPITAL LEVEL DEVELOPMENT ON THE INNOVATIVE ACTIVITY OF ENTERPRISES IN THE REGION

Ilhomjon Qodirov

Authors

 

Akramova Z.B. – Candidate of Economic Sciences, Associate Professor of Sectoral Economics,Polytechnic Institute of Tajik Technical University, Khujand, Republic of Tajikistan,zarrina_2309@mail.ru

Saidova F.A. – Magistrate of the 2nd year, specialty “25 01 07 – Economics and Management in Enterprises”, Polytechnic Institute of Tajik Technical University,Khujand, Republic of Tajikistan, firuzakhonsaidova_2202@mail.ru,

 

Annotation

 

  The article is devoted to the consideration of the role of investment in human capital as a key factor in the innovative activity of an industrial enterprise. It is substantiated that there is a strong relationship between innovative activity and the human capital of an enterprise. On the basis of econometric analysis, a multifactorial model of the dependence of the innovative activity of an enterprise on its constituent components is constructed. On the basis of this model, the factors are ranked according to the degree of their significance for the development of the innovative activity of the enterprise. It was revealed that of all the factors considered, the level of innovative activity of an enterprise is most influenced by the personnel block, based on human capital. It is substantiated that human capital is the main component of production and the main source of innovative development of the enterprise and the country’s economy as a whole. Innovations are concentrated where the appropriate environment is created – scientists, specialists, engineers, universities, scientific and innovative enterprises. The system of these elements is the basis of the national innovation system. Recommended: since the level of development of the human capital of the analyzed enterprise is average, the enterprise needs to consider the personnel policy and develop a strategy for the development of human capital in order to ensure the proper level of innovative activity in the face of increased competition.

 

Keywords

 

 human capital, innovation, investment, reproduction of human capital, innovation activity, factors of innovation activity, investment efficiency, multifactorial model

 

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Publication date

2023-10-27

 

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