Abstract: The aim of the research is to study the interrelation between the level of human capital and innovation development in different countries in the context of transition to sixth technological level. The author formulates the hypothesis of considerable difference in sensitivity and influence of innovations on the level of human capital in that respect for groups of different countries. In order to analyze the influence of human capital on innovation development of different countries we used correlation – regression method of analysis based on spatial and temporal lines. Database for correlation – regression analysis was take from World Bank statistic data for 2017 – 2018. In order to test this hypothesis the author used analytical, statistic and correlation and regression analysis methods. Combination of these methods allowed for identifying different degree of relation between human capital level and GDP, human capital and innovations, innovations and GDP. According to such analysis there is a close connection between human capital level and GDP, less intense interrelation between innovations and human capital and weak relation between innovations and GDP. The author suggested taking certain measures in six directions to support innovation development of developing countries.

Cite: Vlasov M.
Relationship between human capital development and innovative development: Russian case
In compilation The 15th International Days of Statistics and Economics. Conference Proceedings (September 9-11, 2021, Prague, Czech Republic). – Prague: Libuše Macáková, Melandrium., 2021. – C.1172-1181. – ISBN 978-80-87990-25-4.

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