Abstract

 

 

Accepted 19th December, 2014

 

Innovation is a desirable outcome of information-everywhere society. It mainly occurs within firms, which are part of systems where they interact with other stakeholders so that they create and promote knowledge and technology flows. These innovation systems derive from the interweaving of economic, historical and cultural factors, and of course education is a part of them. In order to manage the increasing complexity triggered by this innovation, governments should create synergies between educational policies and economic development. Education plays a basic role in providing high-skilled students, citizens and workers because these effective skills are generated through innovative teaching, which triggers the adoption, absorption and adaptation of technological knowledge.  In this view, individuals’ skills are related to productivity and labor-market outcomes, so that better education generates better economic performance and more social inclusion.

 

Keywords: Innovation, technologies, human capital, sustainable economic development