Measuring human capital: methodological framework for assessing competitiveness and economic development

ABSTRACT This article focused on the relationship between human capital (HC) and competitiveness in Russia. The study examined (1) the impact of investments in knowledge-intensive industries on the socio-economic development; (2) the impact of the share of employees; (3) the impact of religious factors on HC; and (4) the problems of forming H at innovative enterprises. At the national level, the investments in knowledge-intensive industries exert no effect on the country’s socio-economic development. The GDP growth was proved to be directly related to the people’s desire to improve their qualifications. The impact of cultural, educational, and health factors differ across regions.