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We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...
Persistent link: https://www.econbiz.de/10012453983
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical frameworks on the link between education, innovation, and economic growth, we explore three alternative policies to...
Persistent link: https://www.econbiz.de/10012496097
We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...
Persistent link: https://www.econbiz.de/10011734505