Research on the Innovation Effect of Education:The Theoretical Logic and Chinese Experience
Based on the data of Shanghai and Shenzhen A-share listed companies from 2000 to 2020,this empirical study shows that the higher the education level of employees,the stronger the company's innovation ability.The innovation effect of education is more significant in regions with a higher degree of marketization,the secondary industry,high-tech industry and non-state-owned enterprises.The ag-gregation effect of human capital is an important mechanism that stimulates the innovation effect of edu-cation.In the future,we should emphasize strengthening the innovation effect of education and resha-ping the education and training system to produce human capital.We will give full play to the role of competent government,promote the innovation capacity of enterprises and industrial upgrading and de-velopment,create more high-quality jobs,and create favorable conditions for realizing adequate and high-quality employment of a highly skilled labor force.We will give full play to the role of efficient markets and allocate more highly skilled labor to areas with a high degree of marketization,as well as to secondary industries,high-tech industries and non-state-owned enterprises.
the innovation effect of educationenterprise innovation abilitythe economic value of educationmatch conditions and mechanisms
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