Factors of human capital development in the Orenburg region

The development of the economy based on the introduction of innovations actualizes the study of regional development factors. Human capital plays a key role in innovative development. In this regard, there is a need to analyze the conditions for the development of human capital in a particular region. The purpose of the study is to identify the problems of human capital development in the Orenburg region based on various factors, including economic, social, environmental and the factor of digitalization of the economy. A comparison of the indicators of various factors in the Orenburg Region with those in the Russian Federation (RF) and the Volga Federal District (PFD) showed that many indicators of the state of human capital in the Orenburg region are significantly lower than the national and regional averages. Improving these indicators across the region will eliminate these differences and improve the quality of human capital in the region. The human capital of the Orenburg region, the Russian Federation and the Volga Federal District is used as an object of research, the subject of the study is the economic relations that determine its development. The research uses methods of systematization, generalization, analysis, synthesis, comparison, tabular. The scientific novelty of the study lies in the fact that, for the first time, proposals for the development of Orenburg region’s human capital are presented, taking into account the average indicators for Russia and the Volga Federal District. The practical significance of the research results is due to the possibility of their use by regional and municipal authorities in developing a strategy for socio-economic development and making managerial decisions. The results of the study can be used to analyze the factors of human capital development in the municipalities of the region.