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The long-run impact of human capital on innovation and economic development in the regions of Europe

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Bureau d'économie théorique et appliquée, Nancy ; Diebolt, Claude ; Hippe, Ralph

BETA - Nancy

2016

49 p.

economic development ; history ; human capital ; innovation ; technological change

Europe

Education and training

English

Bibliogr.

"Human capital is supposed to be an important factor for innovation and economic development. However, the long-run impact of human capital on current innovation and economic development is still a black box, in particular at the regional level. Therefore, this paper makes the link between the past and the present. Using a large new dataset on regional human capital and other factors in the 19th and 20th century, we find that past regional human capital is a key factor explaining current regional disparities in innovation and economic development."

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