The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector
This paper contributes to the debate on the importance of education for sustainable economic growth. Following a recent contribution by Aghion (2009), we focus on the role of tertiary education in innovation at the company level using patent applications as a proxy. Rather than examining tertiary ed...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
The Institute of Economics, Zagreb
2012-04-01
|
| Series: | Croatian Economic Survey |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=119009 |
| _version_ | 1811268203881431040 |
|---|---|
| author | Polona Domadenik Daša Farčnik |
| author_facet | Polona Domadenik Daša Farčnik |
| author_sort | Polona Domadenik |
| collection | DOAJ |
| description | This paper contributes to the debate on the importance of education for sustainable economic growth. Following a recent contribution by Aghion (2009), we focus on the role of tertiary education in innovation at the company level using patent applications as a proxy. Rather than examining tertiary education spending or the share of the population with tertiary education, we make use of the Aghion Index, which measures the quality of tertiary education. Moreover, as innovation is only the first step in the value chain at the company level, we complement dana on the quality of tertiary education with company-level data on human capital spending in large and medium-sized Slovenian firms. We report that not only a sound education system, but also on-the-job training is important for increased company-level invention and innovation. Firms with more on-the-job training reported a significantly higher number of patents in the period of 2007-2009. |
| first_indexed | 2024-04-12T21:17:32Z |
| format | Article |
| id | doaj.art-e33212cf67a94e8e8dab8fecd12cd727 |
| institution | Directory Open Access Journal |
| issn | 1330-4860 1846-3878 |
| language | English |
| last_indexed | 2024-04-12T21:17:32Z |
| publishDate | 2012-04-01 |
| publisher | The Institute of Economics, Zagreb |
| record_format | Article |
| series | Croatian Economic Survey |
| spelling | doaj.art-e33212cf67a94e8e8dab8fecd12cd7272022-12-22T03:16:23ZengThe Institute of Economics, ZagrebCroatian Economic Survey1330-48601846-38782012-04-011414367The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service SectorPolona DomadenikDaša FarčnikThis paper contributes to the debate on the importance of education for sustainable economic growth. Following a recent contribution by Aghion (2009), we focus on the role of tertiary education in innovation at the company level using patent applications as a proxy. Rather than examining tertiary education spending or the share of the population with tertiary education, we make use of the Aghion Index, which measures the quality of tertiary education. Moreover, as innovation is only the first step in the value chain at the company level, we complement dana on the quality of tertiary education with company-level data on human capital spending in large and medium-sized Slovenian firms. We report that not only a sound education system, but also on-the-job training is important for increased company-level invention and innovation. Firms with more on-the-job training reported a significantly higher number of patents in the period of 2007-2009.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=119009educationinnovationon-the-job trainingSlovenia |
| spellingShingle | Polona Domadenik Daša Farčnik The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector Croatian Economic Survey education innovation on-the-job training Slovenia |
| title | The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector |
| title_full | The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector |
| title_fullStr | The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector |
| title_full_unstemmed | The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector |
| title_short | The Role of the Education System and On-the-Job Training in Innovation: Evidence from the Slovenian Manufacturing and Service Sector |
| title_sort | role of the education system and on the job training in innovation evidence from the slovenian manufacturing and service sector |
| topic | education innovation on-the-job training Slovenia |
| url | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=119009 |
| work_keys_str_mv | AT polonadomadenik theroleoftheeducationsystemandonthejobtrainingininnovationevidencefromtheslovenianmanufacturingandservicesector AT dasafarcnik theroleoftheeducationsystemandonthejobtrainingininnovationevidencefromtheslovenianmanufacturingandservicesector AT polonadomadenik roleoftheeducationsystemandonthejobtrainingininnovationevidencefromtheslovenianmanufacturingandservicesector AT dasafarcnik roleoftheeducationsystemandonthejobtrainingininnovationevidencefromtheslovenianmanufacturingandservicesector |