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The Effects of Policies for Training and Skills on Improving Innovation Capabilities in Firms

Nesta Working Paper 12/08
Issued: June 2012
JEL Classification: O38
Keywords: Training, skills, innovation

Abstract

This paper is part of the Compendium of Evidence on the Effectiveness of Innovation Policy Intervention. It examines the evidence on innovation and training and skills policies. Training and skills policies are usually part of a wider policy effort that seeks to improve economic growth and employment participation rather than being specifically designed and implemented with the goal of strengthening innovation capabilities at the firm or sector levels. Although the articulation of linkages between skills and innovation can be identified in principle, the mechanisms through which they interact in the real-world economy remain somewhat opaque. This paper examines some impacts of training policy on innovation, offers a relevant conceptual background for understanding inter-linkages between components of skills systems and innovation and considers the impact of some policies aimed at enhancing medium and high level skills.

Authors

Barbara Jones, Damian Grimshaw

The Nesta Working Paper Series is intended to make available early results of research undertaken or supported by Nesta and its partners in order to elicit comments and suggestions for revisions and to encourage discussion and further debate prior to publication (ISSN 2050-9820). The views expressed in this working paper are those of the author(s) and do not necessarily represent those of Nesta.