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The relevance of scientific research due to the fact that the study of the impact of the major issues of motivation on the formation and reproduction of the human capital in the social market economy, characterized by such elements on the basis of which the formation of human capital and its development.

The article deals with the concept of an innovative economy as the knowledge economy, reflecting the different theoretical approaches to the understanding of the nature and content of the category of “human capital." We consider the problems of reproduction of the human capital, the study of managing this process in terms of innovative development of territories. The article presents a systematization of approaches to the definition of “human capital".

Relevance of scientific research is caused by that efficiency of use and development of the human capital is the main priority for the majority of the leading countries of the world. Human capital promotes growth of quality of life of the population, and also increase in efficiency of national economy in general.

Relevance of scientific research is caused by that efficiency of use and development of the human capital is the main priority for the majority of the leading countries of the world. Human capital promotes growth of quality of life of the population, and also increase in efficiency of national economy in general.