Human-Centric Innovation Ecosystems Theories
Ingram, Keisha Laraine
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Since the dawn of human history, innovation has always improved the quality of life. Innovation is particularly effective when experience, skills and capabilities are combined to predict or address the challenges of society. A successful innovation ecosystem consist of fully harnessing, the central factor of human-centric based innovation ecosystems. Evolution of labour markets have resulted from the impacts of job crisis and losses, international competition, migration policies aimed at reducing skill shortages, support of innovation and boosting economic and productive growth. When equipped with the appropriate skills-set, it is perceived that human capital will have the capacity take-on good-quality jobs and fulfil their role as confident, active citizens. As the global economy continues to accelerate at a fast-changing pace, the capacity to fuel and drive national competitiveness will be dependent on highly innovative ecosystems that are more human centered, that is ‘human-centric focused’ rather than on technology. In supporting the talented human capital in innovation ecosystems, there is a need to implement incentives that nurture and retain skilled workers, which ultimately reduce brain drain. As society continues to evolve, it will become more dependent on innovation processes In terms of innovation ecosystem, the evolution of labour markets is affected by its rate of development, labour markets and the market demand for highly skilled workers in knowledge-based, advanced economies.