The paper examines the role of education in economic development from both a theoretical and a historic perspective, addresses why education has been the limiting factor of sustainable development. Educated workers raise national income directly and productivity of labour. This paper shows the impact of human capital development on economic growth in national economy through educational environment of universities in condition technosphere safety. In the study recommended that government would guarantee quality education environment of universities for development of innovation economy. Government should also commit more funds to enhance human capital development and environmental protection.
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