Transformation of the human capital reproduction in line with Industries 4.0 and 5.0

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Abstract

The study s relevance relates to the transformation of the human capital reproduction during the transition to a new socio-economic model and changes (digitalization, cyberization, customization, etc.) that are now taking place within Industries 4.0 and 5.0. The purpose of the study is to formulate the content and key directions of learning processes based on modeling and the formation of digital twins for the production and consumption of goods. The research method is based on the analysis of structural links in socio-economic systems, where the potential of human capital is realized. The study describes a trialectic model for the system development mechanism, which gives grounds to distinguish three types of essential components of implementing the specialists competencies (material, information, and communication). Based on the concept of "system of systems", the necessity of multifunctional training of specialists for socio-economic systems is substantiated and shown on the list of personal knowledge/ skills in the renewable energy sector. Recent trends in the reproduction of human capital, such as intellectualization, increased communication, internationalization, acquisition of skills, customization, and communication with consumers, are stated in line with Industries 4.0 and 5.0. The potential for future research is aimed at harmonizing relations between humans and cyber-physical systems, motivating the needs for selfdevelopment, and using disruptive technologies in the reproduction of human capital.

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APA

Melnyk, L., Kubatko, O., Matsenko, O., Balatskyi, Y., & Serdyukov, K. (2021). Transformation of the human capital reproduction in line with Industries 4.0 and 5.0. Problems and Perspectives in Management, 19(2), 480–494. https://doi.org/10.21511/ppm.19(2).2021.38

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