STRATEGIC MANAGEMENT OF HUMAN CAPITAL OF INNOVATIVE ECONOMY

The article attempts to determine the need for strategic management of human capital as an important factor in the innovative development of the economy. The multiple complication of the external environment, the acceleration of change of impact factors, both direct and indirect, has led to the inability to meet the social needs. The authors argue that human capital plays a crucial role in the development of the state and regional economy of the new innovation-oriented format. The article touches upon the problem of developing a strategy for managing the development and use of human capital. It is concluded that human capital needs adequate and modern management mechanisms that will change the vector of identified negative trends in socio-economic development. The solution to the problem of economic growth, improving the quality of life of the population, increasing human capital is largely in the plane and is determined by budget allocations. The authors analyse the country's budget expenditures by the categories (sections) of the classification, they study their dynamics, focusing on sections related to the social sphere, including "health" and "education". (C) 2019 Published by Future Academy