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The importance of education in the context of innovation and competitiveness of nations

Author

Listed:
  • Alcides Barrichello
  • Rogério Scabim Morano
  • Paulo Roberto Feldmann
  • Rafael Ricardo Jacomossi

Abstract

There are many studies indicating the relation between innovation and competitiveness, and the importance of education for both. In addition, such issues are on the United Nations agenda for the millennium goals until 2030. There is little research seeking to establish the relations between these three elements. The objective of this study was to investigate the education as a determining factor for a country's competitiveness, and to understand its role in the context of the innovation generation. The research used structural equation modelling and data from 138 countries included in the Global Competitiveness Report of the World Economic Forum 2016/2017. The results showed that education is the predecessor of innovation and competitiveness and it comprehends basic education and technical training provided by companies. The study contributes mainly to develop and test education, innovation and competitiveness through a unique integrated structural model.

Suggested Citation

  • Alcides Barrichello & Rogério Scabim Morano & Paulo Roberto Feldmann & Rafael Ricardo Jacomossi, 2020. "The importance of education in the context of innovation and competitiveness of nations," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 11(2), pages 204-224.
    • Handle: RePEc:ids:ijeded:v:11:y:2020:i:2:p:204-224
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    Cited by:

    1. Manjunath Patel G C & Likewin Thomas & Mujeebur Rehaman & Praveena R, 2024. "Brainstorming and Fishbone diagram Tools for Enhancing the Student Placement in Technical Education System," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(3s), pages 1436-1454, March.

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