technological innovation, and to adopt and to implement efficiently technology from abroad. However, the role of human capital as a …

In this paper, we study human capital effects on economic growth of Portugal from 1960 to 2001. By using VAR and … cointegration analyses, we obtain 0.42 long-run estimate for human capital elasticity, 0.30 long-run estimate for internal knowledge … between human capital and innovation capability. These estimates seem to confirm that human capital and indigenous innovation …