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"This paper provides an account of the main approaches, debates and evidence in the literature on the role of workforce skills in the innovation process in developed economies. It draws on multiple sources including the innovation studies discipline, neoclassical Human Capital theory, institutionalist labour market studies and the work organisation discipline. Extensive use is also made of official survey data to describe and quantify the diversity of skills and occupations involved in specific types of innovation activities."--Abstract.

Technological innovations --- Employee participation.

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"This paper provides an account of the main approaches, debates and evidence in the literature on the role of workforce skills in the innovation process in developed economies. It draws on multiple sources including the innovation studies discipline, neoclassical Human Capital theory, institutionalist labour market studies and the work organisation discipline. Extensive use is also made of official survey data to describe and quantify the diversity of skills and occupations involved in specific types of innovation activities."--Abstract.

Human capital.

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"This paper provides an account of the main approaches, debates and evidence in the literature on the role of workforce skills in the innovation process in developed economies. It draws on multiple sources including the innovation studies discipline, neoclassical Human Capital theory, institutionalist labour market studies and the work organisation discipline. Extensive use is also made of official survey data to describe and quantify the diversity of skills and occupations involved in specific types of innovation activities."--Abstract.

Human capital.

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Economic development --- Statics and dynamics (Social sciences) --- Classical school of economics

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The Australian state government of Queensland developed a set of Skills Formation Strategies as a new way to respond to skill shortages and mismatches. First piloted in 2002, the model was critical of traditional supply-side approaches to meeting industry needs for skilled labour, and stakeholders agreed that increasing skills supply without paying attention to good workforce management practices, skill utilisation and employee engagement would not resolve skill mismatches or shortages. Over 60 strategies have since been established as sector or area-based approaches, and have looked at issues as diverse as job re-design, linking into supply chains, and evaluation methods. This new form of industry engagement has been characterised by strong industry-led involvement, multi-stakeholder coordination, and flexible provision. The strategies’ successful outcomes have dispelled the myth that increasing training supply alone can resolve skills shortages, and as a result Queensland’s training organisations and local government have become better positioned to respond to industry needs.

Industry and Services --- Australia