Impact of Human Capital (Teamwork, Reward Systems, and Planning) on Organizational Innovation
In case of innovation, it is defined as anything new with respect to processes, methods, products and services. Innovation is important for the fulfilling of the needs of individuals in a specific market. These needs are addressed by means of improvement of the present technologies and methodologies. Increasing globalization along with rapidly changing technology and the continuous customer demand for better services and products further demonstrates the urgent need for innovation. The main objective of this study is to examine the impact of human capital in term of teamwork, reward system, and planning on the organizational innovation within the public sector in the United Arab Emirates. This study has adopted questionnaires to collect data. PLS (Partial Least Squares) SEM-VB (Structural Equation Modelling-Variance Based) was employed to assess the research model by utilizing the software SmartPLS 3.0. Results reveals that human capital have a significant impact on the organizational innovation. Variance explained by this study was 34%. The results of the current study have the potential to give further insights into innovation of organizations strategies.