2015
DOI: 10.7220/aesr.2335.8742.2015.9.1.1
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Managing Global Competitiveness: Impact of Talents on Innovations in Baltic States

Abstract: The paper discusses the impact of global talent competitiveness (GTC) on managing the regional economic competitiveness. The complex evaluation and comparative assessment of GTC is a basis for effective knowledge resource distribution and investment into intellectual economic policy. Some conclusions concerning comparative evaluations of GTC and their impact on innovations in the Baltic States are presented.

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“…The output sub-index includes two pillars: Vocational and Technical Skills and Global Knowledge Skills, which aim to describe and measure the quality of talent in the country. As Buračas and Navickas (2015) point out, there are interactions between these skills and innovation and competitiveness of economies. Talent-defining skills require an innovative economy and good education, while a higher level of skills allows to expect adequately higher abilities to increase the economic potential, greater innovation and high quality of education.…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…The output sub-index includes two pillars: Vocational and Technical Skills and Global Knowledge Skills, which aim to describe and measure the quality of talent in the country. As Buračas and Navickas (2015) point out, there are interactions between these skills and innovation and competitiveness of economies. Talent-defining skills require an innovative economy and good education, while a higher level of skills allows to expect adequately higher abilities to increase the economic potential, greater innovation and high quality of education.…”
Section: Resultsmentioning
confidence: 99%
“…Quite low scores within the Capital Group and negative dynamics in this area are quite disturbing. As indicated by Buračas and Navickas (2015), this pillar brings together the most sensitive identifiers that directly determine the professional ability of potential talents. We have, among others, sub-pillar High-Level Skills, Mid-Level Skills, Employability and Talent Impact.…”
Section: )mentioning
confidence: 99%