The human capital in the form of education as a factor of innovative development of the national economy

Abstract

The article focuses on one of the important types of human capital – education as an important element of the innovative development of the economy. According to the study, education promotes the formation of knowledge, expertise, adaptability and creative potential, contributing to economic growth and modernization. The theoretical and analytical research was conducted using data from secondary academic literature, allowing the author to highlight the main areas of influence of education on the economic processes occurring within an organization. It is shown that in order for education to play an innovative role in the development of the country’s economy, it is not enough just to provide people with opportunities for higher education, but also the quality and relevance of this education, cooperation with the real economy must be provided.