| Issue |
E3S Web Conf.
Volume 217, 2020
International Scientific and Practical Conference “Environmental Risks and Safety in Mechanical Engineering” (ERSME-2020)
|
|
|---|---|---|
| Article Number | 07017 | |
| Number of page(s) | 9 | |
| Section | Environmental Economics | |
| DOI | https://doi.org/10.1051/e3sconf/202021707017 | |
| Published online | 14 December 2020 | |
Theoretical aspects of human capital influence on regional development
Peoples’ Friendship University of Russia (RUDN University), Department of Applied Economics, 117198, Miklukho-Maklaya str.6, Moscow, Russia
* Corresponding author: ovchinnikova-op@rudn.ru
This article is to discuss the state of scholarly research on the influence of human capital on the economic growth and the development of regions. We hereby review the relevant literature published over the past 30 years, and we integrate the various trends and factors into a preliminary and multi-dimensional framework of human capital development. Through this methodologically systematic review and framework development, we provide a more comprehensive and deeper understanding of the connection between human capital development, world technological trends and economic growth. In so doing, we consequently identify various research gaps and prescribe effective ways for future works in this research stream. Conclusively, we discuss the problem of a lack of the demand for human capital (as well as knowledge) in Russian regions that is the main reason for weak economic situation in them. Here is suggested to restructure current regional economy in order to consolidate high qualified human capital in regions and stipulate economic growth in regions.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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