Human Capital Structure and Innovation Efficiency Under Technological Progress: Evidence from China

Author:

Li Wei1ORCID,Peng Yuanxiang2,Yang Jingjing3,Sazzad Hossain Md4ORCID

Affiliation:

1. Jining University, Qufu, China

2. Beijing Jiaotong University, China

3. Macao Institute for Tourism Studies, China

4. University of Tabuk, Saudi Arabia

Abstract

This paper innovatively defines the structure of human capital based on existing theories and use the heterogeneous stochastic frontier model to test the relationship between various types of human capital and innovation. It is found that with the progress of technology, the structure of human capital and the mechanism of promoting innovation have undergone profound changes. Together with commercial leasing human capital, financial human capital, and entrepreneurs, information human capital and transportation human capital participate in innovation activities and create a new collaborative space, which in turn helps to spread the value of innovation and influence the effectiveness of the entire innovation system. This study enriches the theoretical research on the mechanism of human capital promoting innovation in the information age and provides new insight to explain the imbalance between human capital input and innovation output. Based on the theory of innovation chain value and flow space, this study redefines the connotation of innovative human capital structure by distinguishing the nature of innovation activities. This study also reveals the difference in the influence of human capital structure on different types of innovation activities. This study partly explains the problem of increasing human capital input but decreasing innovation efficiency in developing countries. Therefore, from a macro perspective, our research provides guidance for understanding the transformation of innovation under the background of technological progress and formulating effective urban innovation strategies for managers.

Funder

Social Science Project of Shandong in China

Social Science Federation Humanities

Philosophy and Social Science Planning Project of Qingdao in China

Publisher

SAGE Publications

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