Pillar 5: Business Sophistication Other Information:
The last enabler pillar tries to cap - ture the level of business sophistica - tion to assess how conducive firms are to innovation
activity (Table 1e). The Human capital and research pillar (pillar 2) made the case that the accumulation of human capital
through education, and particularly higher education and the prioritiza - tion of R&D activities, is an indis - pensable condition
for innovation to take place. That logic is taken one step further here with the assertion that businesses foster their produc
- tivity, competitiveness, and innova - tion potential with the employment of highly qualified professionals and technicians.
Objective(s):
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