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Human Capital and Firm Innovation: New Evidence from ASEAN Countries

Chia-Hua Chang & Dung Nguyen van

Romanian Journal of Economic Forecasting2021article
ABDC C
Weight
0.47

What the paper says

The study explores the role of human capital in firm innovation in the ASEAN countries. Different ordinal logistic regression models are utilized to estimate the data set from the World Bank’s Enterprise Surveys. The results show evidence supporting the positive role of general human capital (i.e., employee general education and top manager’s prior work experience in the current sector) in the likelihood of firm innovation at a higher degree of radicalness. Furthermore, specific human capital (i.e., employee training) is also positively related to the propensity to innovate at a higher level of radicalness. Given the results, the study suggests that there should be more investments in training, especially formal training for employees at the firm level, and at the macro level; the governments should channel more resources into education to boost innovation.

6 citations

Cite this paper

@article{chia-hua2021,
  title        = {{Human Capital and Firm Innovation: New Evidence from ASEAN Countries}},
  author       = {Chia-Hua Chang & Dung Nguyen van},
  journal      = {Romanian Journal of Economic Forecasting},
  year         = {2021},
}

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Human Capital and Firm Innovation: New Evidence from ASEAN Countries

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Evidence weight

0.47

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.32 × 0.4 = 0.13
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.