Introducing Academic Skills in Know-how-based Firms Innovative Potential or Non-complementarity?
AbstractThis paper contributes with two new findings to the literature on how universities contribute to industrial development. First, it argues and substantiates quantitatively through logistic regression models that introduction of academically skilled graduates in small, know-how-based firms can be instrumental in spurring innovation and upgrading changes in the firms. Second, it argues and substantiates quantitatively that it is not just graduates with technical and natural scientific qualifications that can contribute positively. Graduates with other academic qualifications also hold potential for innovation and upgrading changes in the firms, especially when it comes to major organisational changes. Qua these findings the paper contributes to the literature in two ways. It is a contribution to and substantiation of the ‘broader’ view arguing that universities contribute to industrial development with more than directly applicable information and technologies. And, academically skilled graduates are not only relevant in technological R&D departments of science-based firms.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 07-21.
Date of creation: 2007
Date of revision:
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Web page: http://www.druid.dk/
Science; Academic research; Skilled graduates; Innovation; Technological change; Organisational change;
Find related papers by JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-24 (All new papers)
- NEP-EDU-2007-11-24 (Education)
- NEP-HRM-2007-11-24 (Human Capital & Human Resource Management)
- NEP-INO-2007-11-24 (Innovation)
- NEP-MIC-2007-11-24 (Microeconomics)
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