Human Capital and the Innovation System - Case Study of the Mpumalanga Province, South Africa

Type Journal Article - International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering
Title Human Capital and the Innovation System - Case Study of the Mpumalanga Province, South Africa
Author(s)
Volume 8
Issue 11
Publication (Day/Month/Year) 2014
Page numbers 3579-3587
URL http://www.waset.org/publications/10001034
Abstract
Innovation plays an important role in economic
growth and development. Evolutionary economics has entrepreneurs
at the centre of the innovation system, but includes all other
participants as contributors to the performance of the innovation
system. Education and training institutions, one of the participants in
the innovation system, contributes in different ways to human capital.
The gap in literature on the competence building as part of human
capital in the analysis of innovation systems is addressed in this
paper. The Mpumalanga Province of South Africa is used as a case
study. It was found that the absence of a university, the level of
education, the quality and performance in the education sector and
the condition of the education infrastructure have not been conducive
to learning.

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