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Title: Work-based cognitive skills and economic performance in Europe
Authors: Valente, A. C.
Salavisa, I.
Lagoa, S.
Keywords: Work-based cognitive skills
Human capital quality
Working patterns
Organisational learning
Issue Date: 2016
Publisher: Emerald
Abstract: Purpose: The paper aims to further the understanding of the role played by work-based cognitive skills in the growth dynamics in Europe. Design/methodology/approach: Work-based cognitive skills are studied using a factor analysis on data from the European Work Conditions Survey (Eurofound) referring to work cognitive requirements. This and other measures of education quality and quantity indicators are used to estimate growth regression models for 28 European countries, in order to test for the significance of work-based skills. Findings: The results corroborate the hypothesis that work-based cognitive skills have been a powerful predictor of economic growth over the last decades. Countries where workplaces require and foster advanced cognitive skills tend to exhibit higher economic growth. Research limitations: The Eurofound survey on work-based skills, a major source of this study, only began in 1990 so is quite recent and covers few countries. Social implications: Our results indicate that the mobilisation of the full intellectual potential of workers in their work context is essential to achieve high economic performances. Boosting workers interactive learning and autonomy should become a key policy and organisational aim. Originality/value: We bring a deeper approach to the way human capital is addressed by testing the relevance of work-based cognitive skills on economic performance. Hence we build a bridge between economic growth literature, which focuses largely on the role of formal education, and innovation studies where the emphasis is placed on the relevance of learning processes.
Peer reviewed: yes
DOI: 10.1108/EJIM-07-2014-0073
ISSN: 1460-1060
Accession number: WOS:000382538600005
Appears in Collections:DINÂMIA'CET-RI - Artigo em revista científica internacional com arbitragem científica

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