Conclusion: Human creativity is the ultimate economic resource. Theability to come up with new ideas and better ways of doing things is ultimately what raises productivity and thus living standards. The great transition from the agricultural to the industrial age was based upon natural resources and physical labor power, and ultimately gave rise to giant factory complexes. The transformation now in progress is potentially bigger and more powerful. The previous shift substituted one set of physical inputs i.e. land and human labour for another i.e. raw materials and physical labour while the current one is based fundamentally on human intelligence, knowledge and creativity. Radical change to our approach to education is required. By focusing on the development of a creative and innovative citizen and on education reforms to foster critical thinking, an innovative mindset and entrepreneurial spirit.Thus the generation, exploitation and diffusion of knowledge are fundamental to economic growth, development and the well- being of nations. Central to this is the need for better measures of innovation.
Mobil →
↑ http://www.primaxijcmr.org/wp-content/uploads/2018/07/Journal-Book-1.pdf#page=93