HUMAN POTENTIAL DEVELOPMENT FOR AN INNOVATIVE SOCIO-CULTURAL SPHERE

The people, their creative qualities, strength and capabilities, which help them
transform themselves and the world around traditionally take a central place in economic
and social sciences. The significant structural changes in the world economy posed by the
increasing role of the scientific and technical progress and by the computerizing inevitably
lead to the necessity for the theoretical revision of the work force reproduction issue and
the importance of the human factor for the economic development. This manifests into
the shift of the focus of the subject of the study from the analysis of the available labour
force to the problem of its establishment in terms of its quality. The aspect view is
towards the fundamental changes in the economic reality related to the increasing
globalization and technological achievements, including the information and
communication technologies’ sphere, which require an accumulation of intangible
elements of public wealth such as increasing the level of education of the population,
scientific achievements, general culture and morality, motivation, endeavours, etc. The
society’s evolutionary development is accompnanied by an evolution in the person’s
status in the society’s economic system. Labour is the most fundamental part of a
human’s life, being a realized, targeted and resultative activity by itself, and concepts in
this area are most dynamically transformed.