Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan

The greater the added value created by human labor, the greater the return on capital, so the return on capital must be increased. Investing in human capital is regarded as the most efficient and costeffective societal investment in developed countries. Human capital is one of the most important fac...

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Autor principal: Latif Zeynalli
Formato: article
Lenguaje:EN
Publicado: International Society of Philosophy and Cosmology (ISPC) 2021
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Acceso en línea:https://doaj.org/article/3893a9a8d19643fcb21108f9e9df9af3
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spelling oai:doaj.org-article:3893a9a8d19643fcb21108f9e9df9af32021-12-03T01:55:40ZAssessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan10.29202/up/9/112617-21942617-2208https://doaj.org/article/3893a9a8d19643fcb21108f9e9df9af32021-12-01T00:00:00Zhttp://www.ukrpolitic.com/journals/2021/9/UP_vol_9_Zeynalli.pdfhttps://doaj.org/toc/2617-2194https://doaj.org/toc/2617-2208The greater the added value created by human labor, the greater the return on capital, so the return on capital must be increased. Investing in human capital is regarded as the most efficient and costeffective societal investment in developed countries. Human capital is one of the most important factors in boosting economic potential and overall growth. The increasing importance of human capital in ensuring economic development necessitates its study in the industry. As society progresses and changes occur, the scope of the quality elements that shape human capital broadens to include characteristics such as citizenship, political and legal culture, upbringing, morality and education, health, and cultural level. These indicators indicate that industrial enterprises with these indicators can operate for a longer period of time and more sustainably than others. As a result, the mechanisms for stimulating human capital in the Azerbaijani industry were assessed in this research paper, which used statistical data from the State Statistics Committee of the Republic of Azerbaijan. The leading indicators that can help the sector’s human capital development have been identified.Latif ZeynalliInternational Society of Philosophy and Cosmology (ISPC) articleazerbaijanhuman capitalr&dtraining and developmentmedical costsPolitical institutions and public administration (General)JF20-2112ENUkrainian Policymaker, Vol 9, Pp 111-125 (2021)
institution DOAJ
collection DOAJ
language EN
topic azerbaijan
human capital
r&d
training and development
medical costs
Political institutions and public administration (General)
JF20-2112
spellingShingle azerbaijan
human capital
r&d
training and development
medical costs
Political institutions and public administration (General)
JF20-2112
Latif Zeynalli
Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
description The greater the added value created by human labor, the greater the return on capital, so the return on capital must be increased. Investing in human capital is regarded as the most efficient and costeffective societal investment in developed countries. Human capital is one of the most important factors in boosting economic potential and overall growth. The increasing importance of human capital in ensuring economic development necessitates its study in the industry. As society progresses and changes occur, the scope of the quality elements that shape human capital broadens to include characteristics such as citizenship, political and legal culture, upbringing, morality and education, health, and cultural level. These indicators indicate that industrial enterprises with these indicators can operate for a longer period of time and more sustainably than others. As a result, the mechanisms for stimulating human capital in the Azerbaijani industry were assessed in this research paper, which used statistical data from the State Statistics Committee of the Republic of Azerbaijan. The leading indicators that can help the sector’s human capital development have been identified.
format article
author Latif Zeynalli
author_facet Latif Zeynalli
author_sort Latif Zeynalli
title Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
title_short Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
title_full Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
title_fullStr Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
title_full_unstemmed Assessment of the Current State of Stimulation of Human Capital Development in Industry in the Republic of Azerbaijan
title_sort assessment of the current state of stimulation of human capital development in industry in the republic of azerbaijan
publisher International Society of Philosophy and Cosmology (ISPC)
publishDate 2021
url https://doaj.org/article/3893a9a8d19643fcb21108f9e9df9af3
work_keys_str_mv AT latifzeynalli assessmentofthecurrentstateofstimulationofhumancapitaldevelopmentinindustryintherepublicofazerbaijan
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