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INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY

Marija Bušelić ; Juraj Dobrila University of Pula, Faculty of Economics and Tourism “Dr. Mijo Mirković”, Pula, Croatia
Patricija Pavlišić   ORCID icon orcid.org/0000-0003-0970-0516 ; Pula, Croatia

Puni tekst: engleski, PDF (502 KB) str. 405-420 preuzimanja: 369* citiraj
APA 6th Edition
Bušelić, M. i Pavlišić, P. (2016). INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY. Ekonomski vjesnik, 29 (2), 405-420. Preuzeto s https://hrcak.srce.hr/170472
MLA 8th Edition
Bušelić, Marija i Patricija Pavlišić. "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY." Ekonomski vjesnik, vol. 29, br. 2, 2016, str. 405-420. https://hrcak.srce.hr/170472. Citirano 09.08.2020.
Chicago 17th Edition
Bušelić, Marija i Patricija Pavlišić. "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY." Ekonomski vjesnik 29, br. 2 (2016): 405-420. https://hrcak.srce.hr/170472
Harvard
Bušelić, M., i Pavlišić, P. (2016). 'INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY', Ekonomski vjesnik, 29(2), str. 405-420. Preuzeto s: https://hrcak.srce.hr/170472 (Datum pristupa: 09.08.2020.)
Vancouver
Bušelić M, Pavlišić P. INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY. Ekonomski vjesnik [Internet]. 2016 [pristupljeno 09.08.2020.];29(2):405-420. Dostupno na: https://hrcak.srce.hr/170472
IEEE
M. Bušelić i P. Pavlišić, "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY", Ekonomski vjesnik, vol.29, br. 2, str. 405-420, 2016. [Online]. Dostupno na: https://hrcak.srce.hr/170472. [Citirano: 09.08.2020.]

Sažetak
Economic science has long recognized labour productivity as an important factor of economic growth. In the uncertain conditions of increasingly fierce and complex competition, it becomes one of the key prerequisites for an adequate response to global challenges. The development of labour productivity has to be observed as a multi-dimensional process including numerous interconnected quantitative and qualitative factors, in particular human factors and technological advancement realized through investments in research and development (innovations). The analysis of labour productivity in the manufacturing industry of the selected countries, Germany and China, is performed in the context of an important influential factor – innovations, and interdependently with the economic growth of the selected countries. The research results and the conducted regression analyses indicate a superiority of German labour productivity in the manufacturing industry, which is strongly affected by considerable investments in research and development. However, the technological convergence of China as the upcoming power is increasingly important, which shows that the gap in labour productivity is decreasing, making developed countries face new challenges posed by globalization. The analysis of the interdependence of economic growth (GDP) and labour productivity in the manufacturing industry points to a positive link and the conclusion that the elasticity of the GDP to changes in labour productivity is greater in China than in Germany.

Ključne riječi
Labour productivity in the manufacturing industry; innovations; economic growth; Germany; China

Hrčak ID: 170472

URI
https://hrcak.srce.hr/170472

Posjeta: 489 *