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The long-run impact of human capital on innovation and economic development in the regions of Europe
Ist Teil von
Applied economics, 2019-01, Vol.51 (5), p.542-563
Ort / Verlag
London: Routledge
Erscheinungsjahr
2019
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
Human capital is supposed to be an important factor for innovation and economic development. However, the long-run impact of human capital on current innovation and economic development is still a black box, in particular at the regional level. Therefore, this paper makes the link between the past and the present. Using a large new dataset on regional human capital and other factors in the 19
th
and 20
th
century, we find that past regional human capital is a key factor explaining current regional disparities in innovation and economic development.