Human capital as a key element supporting innovationin regions

Authors

DOI:

https://doi.org/10.15611/br.2025.1.17

Keywords:

human capital, innovation, regions

Abstract

Aim: The aim of the article was to theoretically analyse the importance of human capital and innovation in the process of regional development within the framework of a knowledge-based economy.

Methodology: The article employs a literature review and a descriptive method to explore the relationship between human capital and the ability of regions to introduce innovations.

Results: Human capital – defined as the knowledge, skills, experience, and creativity of a region's inhabitants – plays a key role in innovation processes. Regions with well-developed human capital demonstrate greater potential for implementing innovations, which strengthens their competitiveness and fosters economic growth.

Implications and recommendations: Strengthening human capital should be a priority in regional policy. Investment in education, skills development, and fostering creativity enhances a region's ability to generate and apply innovations effectively.

Originality/value: The article provides added value by highlighting the fundamental role of human capital as a driver of innovation and regional competitiveness in the modern knowledge-based economy.

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References

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Published

2025-07-16

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Section

Articles
Received 2025-02-04
Accepted 2025-05-23
Published 2025-07-16