Human Capital, Institutions and Innovation in Sub-Saharan Africa

Volume: 6 Number: 4 September 1, 2016
  • Stephen Oluwatobi
  • Oluyomi Ola-david
  • Isaiah Olurinola
  • Philip Alege
  • Adeyemi Ogundipe
EN

Human Capital, Institutions and Innovation in Sub-Saharan Africa

Abstract

This study examined the impact of human capital and institutions on innovation in Sub-Saharan Africa and clearly highlighted the relevance of the human factor in determining innovation outcomes in the Sub-Saharan African region. Using the System Generalized Method of Moments, coupled with some descriptive analyses, it was found out that human capital, as well as an enabling institutional environment, affects innovation outcomes in Sub-Saharan Africa (SSA). On the contrary, innovation outcomes in the region did not benefit from foreign investment. The study, therefore, recommends that human capital capacity be cultivated and given the enabling environment to contribute to innovation outcomes. This is expected to attract innovation-centred investments into the region.

Keywords

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Stephen Oluwatobi This is me

Oluyomi Ola-david This is me

Isaiah Olurinola This is me

Philip Alege This is me

Adeyemi Ogundipe This is me

Publication Date

September 1, 2016

Submission Date

September 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 4

APA
Oluwatobi, S., Ola-david, O., Olurinola, I., Alege, P., & Ogundipe, A. (2016). Human Capital, Institutions and Innovation in Sub-Saharan Africa. International Journal of Economics and Financial Issues, 6(4), 1507-1514. https://izlik.org/JA68HJ45BD
AMA
1.Oluwatobi S, Ola-david O, Olurinola I, Alege P, Ogundipe A. Human Capital, Institutions and Innovation in Sub-Saharan Africa. IJEFI. 2016;6(4):1507-1514. https://izlik.org/JA68HJ45BD
Chicago
Oluwatobi, Stephen, Oluyomi Ola-david, Isaiah Olurinola, Philip Alege, and Adeyemi Ogundipe. 2016. “Human Capital, Institutions and Innovation in Sub-Saharan Africa”. International Journal of Economics and Financial Issues 6 (4): 1507-14. https://izlik.org/JA68HJ45BD.
EndNote
Oluwatobi S, Ola-david O, Olurinola I, Alege P, Ogundipe A (September 1, 2016) Human Capital, Institutions and Innovation in Sub-Saharan Africa. International Journal of Economics and Financial Issues 6 4 1507–1514.
IEEE
[1]S. Oluwatobi, O. Ola-david, I. Olurinola, P. Alege, and A. Ogundipe, “Human Capital, Institutions and Innovation in Sub-Saharan Africa”, IJEFI, vol. 6, no. 4, pp. 1507–1514, Sept. 2016, [Online]. Available: https://izlik.org/JA68HJ45BD
ISNAD
Oluwatobi, Stephen - Ola-david, Oluyomi - Olurinola, Isaiah - Alege, Philip - Ogundipe, Adeyemi. “Human Capital, Institutions and Innovation in Sub-Saharan Africa”. International Journal of Economics and Financial Issues 6/4 (September 1, 2016): 1507-1514. https://izlik.org/JA68HJ45BD.
JAMA
1.Oluwatobi S, Ola-david O, Olurinola I, Alege P, Ogundipe A. Human Capital, Institutions and Innovation in Sub-Saharan Africa. IJEFI. 2016;6:1507–1514.
MLA
Oluwatobi, Stephen, et al. “Human Capital, Institutions and Innovation in Sub-Saharan Africa”. International Journal of Economics and Financial Issues, vol. 6, no. 4, Sept. 2016, pp. 1507-14, https://izlik.org/JA68HJ45BD.
Vancouver
1.Stephen Oluwatobi, Oluyomi Ola-david, Isaiah Olurinola, Philip Alege, Adeyemi Ogundipe. Human Capital, Institutions and Innovation in Sub-Saharan Africa. IJEFI [Internet]. 2016 Sep. 1;6(4):1507-14. Available from: https://izlik.org/JA68HJ45BD