Higher education structure and firm innovation: Theoretical mechanisms and cross‐national evidence
Qingmei Yu,
Yanan Liu,
Yihang Shao
Abstract:This paper examines the relationship between higher education structure and firm innovation. By drawing on and expanding Schumpeterian growth theory, we analyze this underlying mechanism and conduct empirical tests using a cross‐national survey database of 9,230 firms from 30 countries. The empirical results show that a higher education structure, exhibiting a heightened inclination towards fundamental disciplines such as mathematics and natural sciences (the percentage of graduates in these disciplines), is m… Show more
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