The effectiveness of human capital in the context of the digital transformation of the economy: The case of Ukraine

Abstract

The purpose of this article is to empirically assess the qualitative parameters of the effectiveness of human capital for business digitalization in Ukraine. Using a survey of 500 business representatives in Ukraine and the Fibonacci rule, and taking into account the digital business transformation level, the qualitative levels of human capital efficiency have been classified. Also, using the method of principal components, the system of factors of human capital's effectiveness for the intensification of digitalization has been empirically substantiated. An empirical model for assessing the quantitative levels of human capital effectiveness in the context of digital business transformation has been developed using integral assessment. The potential for the development of business digitalization based on the factors' actual values has been determined. The results obtained can become the basis to improve the quality of human capital for the successful introduction of modern digital technologies into the country's business processes.

Managing formation of competitive human capital in project-oriented companies

“…In addition, many studies focusing on IC or human capital have been conducted in Central and Eastern European (CEE) countries such as Slovakia (Hamad and Tarnoczi, 2021;Pílková, 2013), Czech Republic (Hamad and Tarnoczi, 2021;Yousaf, 2021) . ), Poland (Kozera-Kowalska and Baum, 2018), Hungary (Hamad and Tarnotsi, 2021), Ukraine (Rodchenko et al, 2021), Romania (Morariu, 2014) and Serbia (Dzhenopolyats et al 2016), or Central Asia such as Azerbaijan (Ismailzade et al 2021) or Russia (Ovechkin et al 2021).…”

Social Capital and Digital Transformation of Startups in Vietnam During the Covid-19 Pandemic: The Mediating Role of Human Capital and Access to Resources

“…In addition, Prais [30] examined how a country's education and training system can promote overall productivity. In this study, human capital is defined as the awareness of managers about digital transformation, developing digital management skills, digital capabilities and digital culture, improving adaptability and mobility, creative and intellectual capacity in digital technology [31].…”

“…Through a network of relationships with Government agencies, employees are guided by the national digital transformation program to improve digital awareness and digital management skills. According to Rodchenko, et al [31], human capital in digital transformation is required such as digitalization perception, development of digital competencies, development of digital culture and creative and intellectual factors. Under the negative influence of the COVID-19 epidemic and in the initial stages of operation, startups lack skills and capabilities, social capital plays an important role in improving the skills and capabilities of workers in startups.…”

Students' ideal career in the 4.0 Industrial

“…In the Industry 4.0 era, the opportunity for the millennial generation to develop entrepreneurship through building a new startup or an enterprise that runs in the online field is very open (Al Mamun et al, 2017;Chen, 2013). Students must be able to take advantage of current opportunities by planning a career as an entrepreneur based on the value of the Industry 4.0 revolution (Liu et al, 2019;Rodchenko et al, 2021). Several previous studies have mentioned that student career planning in the Industry 4.0 era has been influenced by the management of student career center units, entrepreneurship personality, family environment, entrepreneurship education, and student entrepreneurship intention (Engel et al, 2017;Sharma, 2014;Vodă & Florea, 2019).…”