Abstract: The study deals with the pressing issues of human control management in the interests of innovation development of an enterprise. At the present time, people themselves but not equipment, resources or infrastructure are the engines of innovation development of the enterprise. The researchers have revealed the role of managing the human capital under high competitive conditions, it has been conducted the analysis of the most popular models of human capital. Basic assumptions of scientific novelty of the investigation consist in the following: it has been reflected the comparison characteristics of the notion "human capital of the enterprise", investigated the role of human capital in innovation development of the enterprise, distinguished the structure of human capital of the enterprise, suggested the model of human capital of the enterprise, presented the basic elements to measure human capital of the enterprise. The model of human capital of the enterprise, developed by the researchers, shows that if the employees are satisfied with their work, the customers will be satisfied and in the end, the employers will be satisfied. This model of human capital is directed at creation of favorable conditions for the staff including motivation and keeping the staff, it will allow to create the conditions for continuous improvement of human capital in the interests of innovation development of the enterprise. The developed model will allow the enterprises to form an innovative type of the employees� thinking aimed at creation of innovation products and technologies.