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Human capital as a base element of regional management mechanism of innovation-oriented growth

Human capital as a base element of regional management mechanism of innovation-oriented growth

Journal of Economic Regulation, , Vol. 5 (no. 3),
p. 88-96

The authors prove that the transition to an innovation-oriented growth model in the region is based on the human capital as a main management mechanism element. In turn, this transforms the remaining elements of the management mechanism: its purpose, criteria, factors, management methods and resources. Purpose orientation to innovative development determines the importance of socio-cultural factors and motivational management methods. Sufficiently high human development index gives an opportunity to the Russian regions for transition to the innovation-oriented growth model by integration economic, social and cultural development priority in the regional programs of socioeconomic development.

Keywords: region; innovative growth; human capital; management mechanism

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Publisher: Ltd. "Humanitarian perspectives"
Founder: Southern Federal University
ISSN: 2078-5429