Year: 2025
Type: article
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.
Source: Biblioteka Regionalisty
Author: Tomasz Łuczyszyn
Institution: WSB Merito University in Wroclaw
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4412476324