Innovatie en economie - Factors mediating innovation - Education levels, National culture and innovation

3 important questions on Innovatie en economie - Factors mediating innovation - Education levels, National culture and innovation

How are education levels related to innovation?

High investment in education makes it possible for countries to create more innovative products. In addition, the availability of skilled staff aids the spread of innovations.

How is national culture related to innovation?

Certain characteristics of a national culture can play a key role. Entrepreneurial thinking and personal autonomy are related to national culture and can strongly influence innovation levels.

How can managers use education levels and national culture in innovation?

Although the influence of education systems and national culture on innovation appears clear, it is difficult to make specific recommendations for managers, except to find ways to take advantage of the national cultures and different laws that apply in the countries in which they operate.

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