THE ROLE OF HUMAN CAPITAL IN INCREASING THE EFFICIENCY OF INVESTMENTS IN FIXED CAPITAL

Abstract

This article examines the importance of human capital in improving the efficiency of fixed capital investment. It theoretically explains the relationship between human capital and fixed capital, and analyzes the mechanisms by which they influence economic growth. It also explores how investments in human capital are a key factor in increasing labor productivity, fostering innovation, and improving the efficiency of fixed capital utilization. Based on the research findings, practical proposals and recommendations for improving investment policy are developed.