HUMAN CAPITAL AS A FACTOR OF INTENSIVE DEVELOPMENT OF THE DIGITAL ECONOMY

T.I. Kakizhanova, Gulmira Andabayeva

2023

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DOI 10.47649/vau.2023.v.71.i4.09
Data confidence 70 medium
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Abstract

Currently, the development of digital technologies and their dissemination is one of the phenomena accepted by the development of society as a whole, it has a significant impact on the sustainable development of the country's economy, and we must take full advantage of its opportunities for economic development. The development of digital technologies is the basis for the development of the digital economy. But the further development of digital technologies is closely related to human capital, which requires increased investment in its development. The article notes that human capital is one of the main factors influencing the development of digital technologies and the development of the digital economy as a whole. Human capital can play the role of a driving force behind the rapid and at the same time sustainable development of the country’s economy in the digital economy. Therefore, it is necessary to pay special attention to the growth of human capital. To this end, the article aims to study the interdependence of human capital and the development processes of the digital economy. In the course of studying this relationship, an original system of indicators was created, econometric models of the development of human capital and the digital economy in the Republic of Kazakhstan were created. In addition, the authors tested the hypothesis about the strengthening of the processes of economic growth and human capital development, which are interconnected with the processes of development of the digital economy.