HUMAN CAPITAL AND ETHNOCULTURAL FACTORS IN ITS DEVELOPMENT

Abstract

This article analyzes the role and significance of ethnocultural factors in the development of human capital from the perspective of recent scientific research. The main purpose of the study is to identify the processes of human capital formation through national culture, traditions, and value systems, and to examine their impact on socio-economic development. The article considers human capital not only as an economic resource but also within a social, cultural, and institutional context.Ethnocultural factors—such as national identity, traditional values, cultural behavior, and the sociocultural environment of society—are examined in terms of their influence on the development of human capital’s skills, knowledge, and creative potential. Additionally, the study compares local and international research findings and highlights effective strategies for human capital development that take ethnocultural factors into account.The results indicate that, alongside economic and educational measures, an integrated approach that incorporates national culture and ethnocultural values is essential for effective human capital development. The findings of this study provide a scientific and practical basis for designing human capital development policies, promoting social development, and ensuring societal sustainability.