Corporations’ investment in knowledge has an impact on the demand for skilled labor, and the demand for skilled labor by companies has a positive effect on creating high-quality jobs.
Corporations’ investment in knowledge, such as research & development and education & training, lead to the creation of high-quality jobs if the companies switch to skilled labor-oriented hiring system.
In order to create high-quality jobs, companies’ investment in knowledge should not only be oriented in technology (R&D, facility, etc.) but should also include human resource development (education & training).