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The Development of the Process of Human Capital Formation through the Development of a Dual Education System
Zvonovskyi R. A.

Zvonovskyi, Ruslan A. (2023) “The Development of the Process of Human Capital Formation through the Development of a Dual Education System.” Business Inform 4:160–167.
https://doi.org/10.32983/2222-4459-2023-4-160-167

Section: Management and Marketing

UDC 331.101.262:37

Abstract:
The article is aimed at substantiating the process of formation of human capital through the development of the dual system of education. The article analyzes the main factors that affect the development and formation of human capital of an agricultural enterprise. The accumulation of human capital through the formation of an effective system of training, material and moral stimulation and motivation of staff, which gives the enterprise an advantage in the relevant market segment, is substantiated. The issue of the place of the individual in the development of the strategy of human capital formation is considered both in the individual development trajectory and at the enterprise level. In this regard, the main factors of innovative development of economy in the current conditions of economic management are analyzed. The efficiency of the dual training system is calculated through the analyzed standard methods for assessing human capital and it is revealed that this system is influenced only by wages. Therefore, it is proposed to take into account other costs incurred by the enterprise, such as the «social package» – the compensation provided to the employee, except for wages. Indicators of efficiency of human capital of enterprise are proposed, with the help of which managers can constantly monitor and increase the level of human capital, which will result in an increase in the value and income of enterprise. The issue of public-private partnership in the field of vocational education, which the State should use, was raised. The costs of forming human capital in such a partnership are distributed between the individual, enterprises and the State, where everyone assumes a certain share of risks. The main task is the transition of education from the public sphere to the public-private sphere.

Keywords: capital, human capital, labor organization, labor incentives, dual education, dual education.

Fig.: 4. Formulae: 3. Bibl.: 14.

Zvonovskyi Ruslan A. – Postgraduate Student, Department of Economics and Entrepreneurship named after prof. I. M. Briukhovetskyi, Sumy National Agrarian University (160 H. Kondratieva Str., Sumy, 40021, Ukraine)
Email: [email protected]

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