Оригинална статия Microeconomics

IMPORTANCE OF NON-COGNITIVE FACTORS FOR HUMAN CAPITAL DEVELOPMENT AND INNOVATION

Jasmina Misheva - PhD student at the Faculty of Economics and Business Administration of Sofia University „St. Kliment Ohridski“. ORCID 0000-0002-8396-4002
Received: 05 Apr 2023
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Issue 1/2023
JEL E24 J24 О15
DOI https://doi.org/10.56497/etj2368105

Abstract

This study analyzes the non-cognitive factors of human capital development and their impact on innovation as an organizational created value. Hypotheses are presented on the direct, positive influence of six behavioral and psychological factors on innovation. A quantitative method was used to analyze the data collected through a survey, including 204 respondents working in the IT field in Bulgaria and other countries. The results of the proposed regression model show a statistically significant relationship between non-cognitive influence factors and innovation, revealing the importance and need to consider these elements when measuring, analyzing, and investing in human capital. This research provides a clear direction for further analysis of the importance of non-cognitive factors for human capital value creation and can be of practical use to organizations in their human capital development strategies and planning.

How to cite this article

Misheva, J. (2023). Znachenie na nekognitivnite faktori za razvitie na choveshkiya kapital i inovatsiite (Importance of non-cognitive factors for human capital development and innovation). Economic Thought Journal, 68 (1), 89-112 (in Bulgarian). https://doi.org/10.56497/etj2368105

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