The Importance of the Human Factor in Innovative Development

Kamilova Nargiza  Abdukahorovna

doi:10.31149/ijefsd.v5i4.4301

Kamilova Nargiza Abdukahorovna Candidate of Economic Sciences, Associate Professor, Samarkand Institute of Economics and Service Republic of Uzbekistan

DOI: https://doi.org/10.31149/ijefsd.v5i4.4301

Keywords: innovative economy, human capital, innovative factors, human development index, investment in human capital

Abstract

The development of the information economy has significantly changed the place and role of man in a new type of management. The skills and abilities of a person came to the fore in social production. Human capital is a necessary condition for maintaining the competitiveness of the state economy in world markets, as well as the most important characteristic of the activities of the legislative and executive authorities in the country. To assess the quality of human capital, the standard of living, the level of education and longevity of the population, the state of medical care and the production of GDP per capita are measured.

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