Practical Implications of Human Capital Asset Allocation for the Business and Economy

In the current context of transformation processes of economic systems caused by digitalization, automation and changes in the labour market, human capital quality management is becoming of key importance. The exhaustion of traditional growth factors emphasizes the need for innovative strategies to optimize human potential, increase the competence and adaptability of employees, which is the basis of the competitiveness of economies and enterprises. The purpose of the study is to substantiate strategic approaches to human capital quality management in the context of transformational changes in economic systems, taking into account the impact of digitalization, automation of business processes and the evolution of the global labour market. 20 medium-sized EU machine-building enterprises were studied according to 2023 data, selected according to the criteria for the quality of human capital formation. Primary reporting data, J. Mintzer's model, descriptive statistics and correlation analysis were used to assess the impact of qualifications and adaptability on productivity with further verification of the level of significance using the t-test. The relationship between investments in human capital and enterprise performance is studied, and the importance of digital skills for increasing labour productivity is also investigated. The impact of automation on the transformation of professional requirements and employment is analysed. A methodological approach to assessing human capital performance in the context of current digital changes in the economy is proposed. The results open up opportunities for developing adaptive human capital management strategies in the digital economy. Further work may focus on new quality indicators, assessment of cognitive and digital competencies and their integration into management systems to increase competitiveness.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-08-04
DOI
https://doi.org/10.5281/zenodo.16738852
Primary Topic
Labor Market and Education
Type
article
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article

Practical Implications of Human Capital Asset Allocation for the Business and Economy

Zenodo (CERN European Organization for Nuclear Research)
Labor Market and Education
article

Practical Implications of Human Capital Asset Allocation for the Business and Economy

article en

Abstract

In the current context of transformation processes of economic systems caused by digitalization, automation and changes in the labour market, human capital quality management is becoming of key importance. The exhaustion of traditional growth factors emphasizes the need for innovative strategies to optimize human potential, increase the competence and adaptability of employees, which is the basis of the competitiveness of economies and enterprises. The purpose of the study is to substantiate strategic approaches to human capital quality management in the context of transformational changes in economic systems, taking into account the impact of digitalization, automation of business processes and the evolution of the global labour market. 20 medium-sized EU machine-building enterprises were studied according to 2023 data, selected according to the criteria for the quality of human capital formation. Primary reporting data, J. Mintzer's model, descriptive statistics and correlation analysis were used to assess the impact of qualifications and adaptability on productivity with further verification of the level of significance using the t-test. The relationship between investments in human capital and enterprise performance is studied, and the importance of digital skills for increasing labour productivity is also investigated. The impact of automation on the transformation of professional requirements and employment is analysed. A methodological approach to assessing human capital performance in the context of current digital changes in the economy is proposed. The results open up opportunities for developing adaptive human capital management strategies in the digital economy. Further work may focus on new quality indicators, assessment of cognitive and digital competencies and their integration into management systems to increase competitiveness.

Zenodo (CERN European Organization for Nuclear Research)
Simon Kuznets Kharkiv National University of Economics (UA), National University Zaporizhzhia Polytechnic (UA), National University of Life and Environmental Sciences of Ukraine (UA), Interregional Academy of Personnel Management (UA)
Decent work and economic growth
Openalex Percentile: Top 43%
Labor Market and Education
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Practical Implications of Human Capital Asset Allocation for the Business and Economy · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS