Is firm innovation only about top skills?

GMason 150.jpgGeoff Mason is Visiting Professor at the ESRC-funded Centre for Research on Learning and Life Chances (LLAKES), UCL Institute of Education

Skills are a recurrent theme in the government’s Industrial Strategy, and are widely recognised as central to firms’ ‘absorptive capacity’ (AC) – their ability to effectively identify and use knowledge, ideas and technologies that are produced elsewhere. But what are the specific types of education and skills that contribute most to the development of AC, and subsequently to innovation and productivity growth? Continue reading