Abstract
This scientific article is aimed at identifying trends in the formation and evolution of human capital against the background of the rapid development of technological processes. When writing the article, various tools of scientific knowledge were used, such as comparative analysis, scientific abstraction and synthesis. During the formation and transition to a new technological order, the role of man and human capital is being reviewed in economic processes. Currently, there are various variations that help to form ideas about the stages of development, the degree of influence, the essence and role of man and human capital in economic processes, while one should not forget about the retrospective (evaluative) analysis when considering the theory of human capital. Nowadays, the theory of human capital is able to answer many pressing questions of modern civil society; These questions are largely caused by shifts and changes in innovative and technological development in the process of the 5th and 6th technological order. In these realities, the issue of accumulation and subsequent growth of human capital becomes on a par with other pressing issues of national development. It is worth remembering that high-quality and effective human capital has a huge impact on the development of the state’s innovative economy. Keywords: evolution, theory, human capital, economic development, technological shifts.