Human Capital Development under Innovative Economy Conditions: Methodological Aspect

Methodological aspects of coming into being and development of the innovativeeconomy as a phenomenon of the transformation period are considered in the article. Anargumentative conclusion about the fact that the fundamental basis for realization of themodel of innovative development is formation and further development of human capital ismade. It is argued, that priorities of investments into man, his/her creative, intellectualand innovative potential can be considered as a perspective direction of the state policy ofsocio-economic development. It is shown, that to the basis of the new scientific paradigm,which would adequately reflect the demands of social progress, should be placed theprinciple of rational correlation of economic purposefulness and social orientation as thephenomenon of innovative economy is, first of all, the phenomenon of human capital.