Role of Human Resources in the Promotion of Technological Innovation in Emerging and Developing Countries

Abstract

This study examines the impact of human  resources on technological innovation in  emerging and developing countries. The  overview of previous literature allows us to  assume that human resources influence  innovation via two channels: direct and  indirect through their interaction with foreign  knowledge sources. The sample used to test  our hypotheses is a panel of 15 countries  over the period 2000-2010. Results of the  estimation of linear regression models show  that human capital affects positively and  directly innovation. However, the indirect  effect is not significant. We conclude that  the promotion of human resources is an  effective direct tool of public innovation  policy.