Mechanism for the formation and functioning of a model for the reproduction of human capital

Abstract

The purpose of this article is to determine the mechanisms of formation and functioning of the reproduction
of human capital that currently exist on the market. The subject of the article is the analysis and
study of the mechanisms of formation and functioning of the model of reproduction of human capital,
and the object is real connections and processes in the economy that appear in the process of formation
and functioning of human capital in the current market and the country’s economy. The importance of
the enterprise in the implementation of the mechanism of reproduction of human capital; types of market
mechanisms for the development and functioning of the modification of the reproduction of competitive
human capital; sociocultural scheme of competitiveness of human capital; analysis of regulatory algorithms
in the human capital market are considered. In this article, general scientific methods are applied,
involving a comprehensive, systematic approach to solving problems, induction and deduction, the
unity of qualitative and quantitative, historical and logical analysis, synthesis, scientific abstraction, and statistical methods. The methodology for the reproduction of human capital has not yet been formulated,
or to be more precise, it has not been fully described. In modern times, society requires the use of more
qualified and competitive human capital, forcing enterprises to seek and apply various types of market
mechanisms for the reproduction of human capital. In this regard, the determination of the mechanisms
of formation and functioning of the model of reproduction of human capital is a very important and
relevant topic. Various approaches to the study of the formation and functioning of human capital —
institutional and functional approaches – are examined. The conclusion is drawn on the importance of
state regulation of some mechanisms for the formation of the reproduction of human capital, that it is
necessary to return to the state the role of an “instrument of an accurate superstructure” of market mechanisms
for the functioning of the human capital market; that the main condition in the formation of human
capital is considered the process of investing in human capital, i.e. investment.