2015. gada 3. oktobris1 OECD innovation strategy: content analysis and implementation opportunities Ilona Dubra Latvijas Universitāte Ekonomikas un vadības.

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2015. gada 3. oktobris1 OECD innovation strategy: content analysis and implementation opportunities Ilona Dubra Latvijas Universitāte Ekonomikas un vadības fakultāte AS LUXHOUSE Kalngale, Rubeņu iela 9, E-pasts:

2015. gada 3. oktobris2 The relationship between human capital and innovation “Innovation as a creation of new knowledge and ideas to facilitate new business outcomes, aimed at improving internal business processes and structures, and to create market driven products and services. Innovation encompasses both radical and incremental innovation” (Plessis, 2007, 21) human capital component such as skills, knowledge, people expertise are treated as an important source of competitive advantage to individuals, organizations and societies (Gimeno et al, 1997, 755)

OECD Innovation Strategy policy principles for promotion of innovation in 21 st century 1.Empowering people to innovate 2. Unleashing innovations 3. Creating and applying knowledge 4. Applying innovation to address global and social challenges 5. Improving the governance and measurement of policies for innovation gada 3. oktobris3

R&D intensity (R&D expenditure as % of GDP), all sectors, EU – 27 and selected countries – gada 3. oktobris4

R&D personnel in head account in business enterprise sector, as a percentage of persons employed, EU – 27 and selected countries gada 3. oktobris5

Innovative enterprises as a percentage of all enterprises by main NACE group, EU – 27 and selected countries – gada 3. oktobris6

Conclusion companies should invest in human capital, or in another words in employees knowledge, skill, competencies that will enhanced company performance OECD Innovation Strategy is based on five main principles for government action: empowering people to innovate, unleashing innovations, creating and adapting knowledge, applying innovation to address global and social challenges, improving the governance and measurement of policies for innovation Germany, Belgium, France, Ireland, Denmark, Estonia, Finland, Austria, Luxemburg, Sweden were the leaders in innovative enterprises as a percentage of all enterprises by main NACE group in 2006 but Latvia, Hungary and Romania in the tale gada 3. oktobris7

Bibliography 1. Becker, G. (1964) Human Capital. New York: National Bureau of Economic Research. P Bianchi, T. (2001) With and without co-operation: two alternative strategies in the food-processing industry in the Italian South, Entrepreneurship & Regional Development. Vol. 52, Pp. 117– Black, S., Lynch, L. (1996) Human-capital investments and productivity, American Economic Review. Vol. 3, Pp. 263– Bourdieu, D. (1986) The forms of capital, in Richardson, J., Handbook of Theory and Research for the Sociology of Education. New York: Greenwood, Pp. 241– Cannon, E. (2000) Human capital: level versus growth effects. Oxford Economic Papers, Pp. 670– Coleman, J. S. (1988) Social capital in the creation of human capital, American Journal of Sociology, Vol. 5, Pp. 95– Eurostat Pocketbooks (2010) Science, technology and innovation in Europe 2010 edition. ISSN X 8. Gradstein, M., Justman, M. (2000) Human capital, social capital, and public schooling, European Economic Review, Vol. 2, Pp. 879– Gimeno, J., Folta, T., Cooper, A., Woo, C. (1997) Survival of the fittest? Entrepreneurial human capital and the persistence of underperforming firms, Administrative Science Quarterly, Vol. 12. Pp. 750– Grant, R. M. (1996) Toward a knowledge-based theory of the firm, Strategic Management Journal, Vol. 17, Pp. 109– Plessis, M.D. (2007), The role of knowledge management in innovation, Journal of Knowledge Management, Vol. 11 No. 4, Pp Ministerial report on the OECD Innovation Strategy (2010) innovation to strengthen growth and address global and social challenges. Available at: gada 3. oktobris8