Human Capital Development and Innovation: The Case of Training in Small and Medium-Sized Firms

Statistics Canada Working Paper 74

40 Pages Posted: 10 Jul 1996

See all articles by John R. Baldwin

John R. Baldwin

Statistics Canada - Microeconomic Analysis Division

Joanne Johnson

Statistics Canada

Date Written: March 1995

Abstract

This study examines the characteristics of small and medium- sized firms that perform training. It uses data taken from a recent Statistics Canada survey that permit firms' training decisions to be analyzed within the broader context of their many activities and strategies.

The study finds strong evidence for the hypothesis that human capital development facilitated by training is complementary to innovation and technological change. Training incidence is found to be closely related to the importance that a firm gives to research and development, the use of new technologies and numerous other strategies that are related to innovation. Training is also greater where a firm emphasizes quality and a comprehensive human resource strategy. The results point to the inherent complementarity of technology and human resources policy.

JEL Classification: J24, O31, O32, O33

Suggested Citation

Baldwin, John R. and Johnson, Joanne, Human Capital Development and Innovation: The Case of Training in Small and Medium-Sized Firms (March 1995). Statistics Canada Working Paper 74. Available at SSRN: https://ssrn.com/abstract=3138 or http://dx.doi.org/10.2139/ssrn.3138

John R. Baldwin (Contact Author)

Statistics Canada - Microeconomic Analysis Division ( email )

24 Floor - R.H.Coats Building
Tunney's Pasture
Ottawa, Ontaria K1A 0T6
Canada
613-951-8588 (Phone)
613-951-5403 (Fax)

Joanne Johnson

Statistics Canada ( email )

Ottawa, Ontario
Canada
613-951-3547 (Phone)

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