The impact of human capital on engineering innovations

Abstract

© 2020, World Academy of Research in Science and Engineering. All rights reserved. Goal: To identify the relationship between the intensive economic growth of the state and human capital. Design/Methodology/Approach: The following methods were used: statistical-economic, monographic, and economic-statistical. Conclusions: The authors revealed that the quality of life of the population had a close relationship with the economic growth of the state. The practical implications. The study revealed that the fundamental factor affecting the growth of fundamental macroeconomic indicators was an increase in the welfare of the population. Originality/value: The article considers a number of factors that directly and indirectly affect economic growth.