The Role of Human Capital in the Development of Industry in Russia

The article reveals the role of human capital in the development of the modern industry of the Russian Federation. The analysis of the basic concepts is given; the place of human capital is determined as a factor in the country's competitiveness in the global economic space. It is shown that human capital is a factor in the intensification of economic development and scientific and technological progress. Key trends and problems in the development of the industrial sector of the Russian Federation are highlighted. The work determined that a number of significant problems in the Russian industry are associated with problems in the human capital management system (shortage of highly qualified personnel, decline in the popularity of industrial worker jobs, high rates of outflow of personnel from the industrial sector, isolation of industrial enterprises from educational institutions, low wages in a number of industrial sectors, etc.).The main directions of improving the human capital management system in the industrial sector of Russia, including in the field of improving education and innovation activity, developing labour motivation systems, etc., are proposed.