FEATURES AND PROSPECTS OF THE ECONOMIC RENT FROM WORKFORCE AND SOCIAL CONDITIONS IN UKRAINE

Keywords: economic rent, social conditions, workforce, social capital, innovations, Ukraine

Abstract

Object of research: the article presents the results of studying the economic rent from workforce and social conditions (significant components of the important rent-forming resource of nowadays global economy – social capital) in Ukraine.

Solved problem: determining the features of economic rent, outlining the conditions and prospects for increasing the rental income of the Ukrainian economy from the capitalization of workforce’ intellectual and creative qualities, as well as socium rent-generating conjunctures.

Main scientific results: the role of the economic rent in the system of rental relations of the modern global economy and its national components is examined; the features of the formation and distribution of economic rent’ various types in the process of using the workforce’ intellectual and creative potential, as well as other components of the nowadays most significant type of rent-forming resources – social capital – are studied. The specificity of human component and social capital in general as a rent-generating resource is manifested in the generation of additional prerequisites (resource, organizational and economic) and incentives to increase volumes and expand potential areas for extracting rent income in the process of its use, since the using of the employee’ knowledge and abilities leads to a consistent accumulation of professional experience, and consequently – to a permanent increase in the aggregate of these rent-generating properties and in activities for improving the environment of their implementation in Ukraine.

Scope of practical use of research results: the research results can be used in developing strategies and programs of Ukrainian economy’ innovative diversification in the process of its further competitive integration into the global economic space, that, among other things, requires the creation of conditions for improving the rent-generating properties of workforce and social environment, as well as increasing the level of its capitalization.

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Author Biography

Larysa Bogush, Ptoukha Institute for Demography and Social Studies of the National Academy of Sciences of Ukraine

Department of Employment Risks Research

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Published
2020-12-30
How to Cite
Bogush, L. (2020). FEATURES AND PROSPECTS OF THE ECONOMIC RENT FROM WORKFORCE AND SOCIAL CONDITIONS IN UKRAINE. ScienceRise, (6), 17-24. https://doi.org/10.21303/2313-8416.2020.001497
Section
Development of national economies