Investments in human capital as driver of economic growth

• Main Author: P. P. Goncharov
• Format: Article
• Language: Russian
• Published: Russian Academy of Entrepreneurship 2020-01-01
• Series: Путеводитель предпринимателя
• Subjects: human capital; intellectual capital; national wealth; creative destruction; economic multiplier
• Online Access: https://www.pp-mag.ru/jour/article/view/73

It is obvious that the raw material nature of Russia’s economy is not able to ensure the country ’s sustainable economic development in the 21st century. Thus, the issue of searching for new points of growth of the national economy, not related to the export of natural resources, becomes topical. An analysis of elements of national wealth shows that investment in human capital can become one of such growth points. Thus, researchers are faced with the task ofdetermining the role and place of human capital in the national wealth of the country, as well as its correlation with other types of capital.