The role of innovation and human capital for the productivity of industries:
This paper sheds light on the relationship between innovation, human capital endowment and upgrading, organisational capital (OC) and labour productivity. In addition to assessing correlations, it uses a Heckman selection model to address causal links and to account for the ways in which skills and...
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| Main Author: | |
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| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2021
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| Series: | OECD Science, Technology and Industry Policy Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper sheds light on the relationship between innovation, human capital endowment and upgrading, organisational capital (OC) and labour productivity. In addition to assessing correlations, it uses a Heckman selection model to address causal links and to account for the ways in which skills and investment in R&D affect the probability of innovating. The analysis finds that innovative output, the proportion of OC-related workers, investment in training (especially in informal training) and physical capital intensity are positively and significantly related to productivity. In most estimates ICT skills, cognitive skills and the presence of highly skilled workers in an industry also emerge as having a significant and positive relationship with productivity. ICT skills further appear to indirectly shape productivity, through a positive relationship with innovation |
| Physical Description: | 1 Online-Ressource (50 Seiten) |
| DOI: | 10.1787/197c6ae9-en |
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| spelling | Cammeraat, Emile Verfasser aut The role of innovation and human capital for the productivity of industries Emile Cammeraat, Lea Samek and Mariagrazia Squicciarini Paris OECD Publishing 2021 1 Online-Ressource (50 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Policy Papers This paper sheds light on the relationship between innovation, human capital endowment and upgrading, organisational capital (OC) and labour productivity. In addition to assessing correlations, it uses a Heckman selection model to address causal links and to account for the ways in which skills and investment in R&D affect the probability of innovating. The analysis finds that innovative output, the proportion of OC-related workers, investment in training (especially in informal training) and physical capital intensity are positively and significantly related to productivity. In most estimates ICT skills, cognitive skills and the presence of highly skilled workers in an industry also emerge as having a significant and positive relationship with productivity. ICT skills further appear to indirectly shape productivity, through a positive relationship with innovation Science and Technology Samek, Lea ctb Squicciarini, Mariagrazia ctb https://doi.org/10.1787/197c6ae9-en Verlag kostenfrei Volltext |
| spellingShingle | Cammeraat, Emile The role of innovation and human capital for the productivity of industries Science and Technology |
| title | The role of innovation and human capital for the productivity of industries |
| title_auth | The role of innovation and human capital for the productivity of industries |
| title_exact_search | The role of innovation and human capital for the productivity of industries |
| title_exact_search_txtP | The role of innovation and human capital for the productivity of industries |
| title_full | The role of innovation and human capital for the productivity of industries Emile Cammeraat, Lea Samek and Mariagrazia Squicciarini |
| title_fullStr | The role of innovation and human capital for the productivity of industries Emile Cammeraat, Lea Samek and Mariagrazia Squicciarini |
| title_full_unstemmed | The role of innovation and human capital for the productivity of industries Emile Cammeraat, Lea Samek and Mariagrazia Squicciarini |
| title_short | The role of innovation and human capital for the productivity of industries |
| title_sort | the role of innovation and human capital for the productivity of industries |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/197c6ae9-en |
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