Identification of the Non-technological Indicators on Companies' Innovation Ability

Abstract

Innovation activities are the source of improving the status quo of the enterprise market, Long-term growth in profits depends significantly on firms' investment in innovation activities. Companies increasingly pay attention to innovate by simultaneously utilizing their available internal and external knowledge resources. This paper aims to explore the relationship among the innovation capabilities of companies and the non-technological indicators such as innovation expenditures and the number of highly educated employees. This paper based on previous research, conduct to the positive relationship among the number of employees with higher degree, the R&D expenses and innovation quality. This paper also conducts conclusion and implication for industry and academia.