The Importance of Human Capital Development in Ensuring Sustainable Economic Growth

Annotation: Today's dynamically developing world is moving towards the formation of a knowledge society, an innovative economy, and a market for goods of intellectual activity. In such a society, the development of science and fundamental education represent a profitable investment in a special production that creates knowledge as a commodity with a certain value. The global economy is characterized by the demand for innovation not by individual entrepreneurs, but by national economies. The knowledge economy is a new stage in the development of the economy, in which knowledge plays a decisive role, and its production is a source of growth