Technological Innovation, Human Capital, and Business Productivity for Sustainable Economic Growth
DOI:
https://doi.org/10.54518/eir.2.1.2024.1248Keywords:
Access to Finance, Business Productivity, Government Support, Human Capital, Technological InnovationAbstract
Sustainable economic growth is increasingly influenced by the ability of businesses to improve productivity through technological innovation, human capital development, financial access, and policy support. This study aims to examine the relationships among technological innovation, human capital, financial access, government support, business productivity, and sustainable economic growth. The research employed a descriptive qualitative approach using a literature review of scholarly articles and international reports published over the last five years. The analysis was conducted through the identification, classification, and thematic synthesis of relevant literature. The findings indicate that technological innovation plays a significant role in improving operational efficiency, competitiveness, and business productivity. However, the effectiveness of innovation largely depends on the quality of human capital that supports technological adaptation and utilization. Furthermore, financial access and government support function as enabling factors that strengthen business capacity and long-term sustainability. The study concludes that the integration of technological innovation, human capital, financial access, and policy support provides a strong foundation for enhancing business productivity and promoting sustainable economic growth.
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