HUMAN CAPITAL - THE MAIN COMPETITIVE ADVANTAGE UKRAINE: PROBLEMS THE WAY ITS IMPLEMENTATION
Journal Title: Економічні інновації - Year 2017, Vol 1, Issue 63
Abstract
Human capital is the main competitive advantage of Ukraine, but there are a number of negative factors that limit the effectiveness of its use. First of all, this is a low level of staffing with fixed assets (5-6 times lower than in developed European countries). This results in a low technological level of production and, consequently, a 4-5 times lower level of labor productivity in comparison with developed countries, limiting the opportunities of Ukrainian citizens, especially of high qualifications, to realize their abilities and skills. As a result, the outflow of highly skilled professionals to other countries with a higher technological level of production and higher wages. Among 52 countries with the highest level of education, Ukraine has one of the lowest GDP per capita ($ 7,500). At the existing level of education in our country, GDP per capita should be about 30.0 thousand dollars. This inconsistency, to a large extent, can be attributed to inefficient government and high levels of corruption. All this negatively affects the efficiency of the use of human capital and productivity of work of citizens, which they can count on, taking into account their educational level. Important in the consideration of human capital is its moral component, which, unlike other components (education, knowledge, experience, health, etc.) determines the vector of its use: for good or for evil. The efficiency of the use of human capital depends on the state of the institutional environment. The existing institutional environment in Ukraine encourages redistribution rather than material wealth production, reduces the possibility of fair competition, limits the direction of high-productivity use of human capital. Ukraine has enormous intellectual potential. This is our main competitive advantage, it is an opportunity to take a worthy place among the leading countries of the world. Today, there is such a chance, but it will take some time and it can be lost if society continues to cultivate the readiness of people for dishonest acts for the sake of careers, power and money, instead of focusing on the realization of their creative abilities, energy and initiative to ensure the successful modernization of your country.
Authors and Affiliations
V. F. Goryachuk
Keywords
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