Proceedings of International Conference on Applied Innovation in IT
2025/12/22, Volume 13, Issue 5, pp.853-860

Human Factor as a Determinant of Technology Development and Economic Growth in the Period of Digital Transformation


Yuliia Tochylina, Oleksandra Tsyra, Lesia Didkivska and Yuliya Demkiv


Abstract: The active deepening of transformation processes has led not only to the introduction of digital technologies, but also significantly increased the role of the human factor. The deployment of the fourth industrial revolution has contributed to the formation of a new technological paradigm, which digital technologies act as the basis for the economics’ modernization. The driving force of these processes remains a person who not only produces technological innovations, but also effectively uses them. In this context, special attention is paid to the study of theoretical aspects of the relationship between the human factor and human capital, as well as empirical confirmation of the influence of a person on the country's innovative capacity. Accordingly, the purpose was to reveal the relationship between human capital and the human factor, as well as to clarify their significance in the formation of innovative potential and economic growth in the context of the digital transformation. The various methods of cognition were used, including comparative analysis, graphic method, system approach and correlation analysis. As a result of the study, it was found that behavioral factors as the basis of the human factor cannot be considered in isolation, because they are formed based on human capital and reflect its practical implementation. Only in the interaction two components is the human potential revealed, which can ensure the stability and effectiveness of social development. The correlation analysis conducted confirmed the presence of a close relationship between the level of human capital and the innovative capacity. It was found that improving the quality of human capital contributes to strengthening the innovative potential and advancing the state in the world rankings of innovative development. This indicates that human capital acts as a system-forming factor of innovation processes and determines the strategic opportunities for economic growth.

Keywords: ICT, Human Capital, Human Factor, Innovations, National Economy, Economic Growth, Digital Transformation, Global Innovation Index, Digital Skills.

DOI: Under indexing

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