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Human Capital Development, Innovation and International Competitiveness in Sub-Saharan Africa

Debrah, Y. A, Oseghale, Oriaghe Raphael and Adams, Kweku (2018) Human Capital Development, Innovation and International Competitiveness in Sub-Saharan Africa. In: Ifedapo, Adeleye and Esposito, Mark, (eds.) Africa’s Competitiveness in the Global Economy. AIB Sub-Saharan Africa (SSA) Series . Palgrave McMillan, pp. 219-248

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Abstract

Scores of studies highlight the significance of human resource development in Africa. However, this study is one of the first that combines human capital development and innovation and its impact on international competitiveness in sub-Saharan Africa (SSA). Thus, many questions about economic and business competitiveness in SSA have remained unanswered. This chapter, therefore, provides insights into how multinational corporations (MNCs) operating in SSA can acquire and develop their human capital to innovate and enhance their international competitiveness and that of the SSA region. The study reveals that Africa’s long-term growth prospect hinges on developing their human capital. The sustainability of SSA’s competitiveness in the world requires that education and on-the-job training center on the skills most needed in today’s global marketplace. Research and practical implications are discussed.

Item Type: Book Section
Additional Information: 'This extract is taken from the author's original manuscript and has not been edited. The definitive, published, version of record is available here: https://www.palgrave.com/gb/book/9783319670133’
Status: Published
Subjects: H Social Sciences > HB Economic Theory
School/Department: York Business School
URI: http://ray.yorksj.ac.uk/id/eprint/2525

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