Human capital as a system of aerospace economic development

Currently, the strategically important sector of Russian economy - aerospace industry - needs modernization and reorientation on the needs of modern economy - the knowledge-based economy. To implement this transformation there is a need in qualified creative personnel involved in the relationship with the human capital. The object of this study is the relationship of human capital (in the aerospace industry). This paper presents the analysis of the main approaches to define the essence of human capital, their classification (activity, income, investment, historical). Through the general properties of systems (hierarchy, integrity, emergence) was proved that the relationship of human capital is a system in which occurs the transformation of human resources (total health, knowledge, skills, etc.) into the asset of the enterprise. Scientific novelty lies in the allocation of system-forming element of human capital - intellectual property. In the author's definition of intellectual property lies the creative approach to the implementation of employee work, non-standard use of the means of production, resulting in the increased efficiency of the production process, and formation of competitive advantage. The presence of intellectual property can be expressed in the responsible attitude to work (the desire of the employee to perform labour operations efficiently and on time), pioneering (rationalization proposals), innovation activity. According to the article, the human capital management (as a system of economic relations) is beyond the scope of personnel management and requires a fundamentally new integrated approach that can improve the competitiveness of the aerospace industry. The results of this study are of scientific and applied character and can be used in the educational process and practices focused on the management of aerospace organizations.