THE ROLE OF PUBLIC-PRIVATE PARTNERSHIP IN EFFECTIVE USE OF HUMAN CAPITAL

Abstract

The article gives a serious analysis of the concept of “public-private partnerships” as an important direction of the development of modern innovative economy. The necessity of using instruments of public-private partnerships to ensure effective development of human capital as a key factor of modern reproduction process in the economy is substantiated. The authors consider the concept of active involvement of reform-minded representatives of science, education, business and government in innovative activity under the conditions of market economy formation in Russia. It is concluded that public-private partnership (PPP) ensures the development of industrial, social and innovative infrastructure taking into account business interests and with the active participation of on its part, increases the efficiency of the use of property and budget funds, and stimulates the private sector to develop entrepreneurial activity in the areas with the largest potential of economic growth.