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Provision of effectiveness of university education on the market economy

Provision of effectiveness of university education on the market economy PurposeThe purpose of this paper is to evaluate and determine the effectiveness of university education on the economy of various countries.Design/methodology/approachTo determine the necessity and expedience of making provision for the effectiveness of university education on the market economy, this work uses the method of regression and correlation analysis. Evaluation of effectiveness of the system of university education is performed separately for students, state, and employers by taking as example countries with specially developed formulas.FindingsThe authors substantiate the necessity for provision of effectiveness of university education on the market economy, view the effective system of university education as a basis for the development of a knowledge economy, determine approaches to evaluate the effectiveness of university education on the market economy, perform evaluation of effectiveness of the system of university education by the example of various countries, determine its connection with indicators of economic growth and development, and provide recommendations for provision of effectiveness of the system of university education on modern market economies.Practical implicationsThe practical value of results of the conducted research consists in the possibility to use the developed formulas for determining the level of effectiveness of the system of university education on various countries of the world.Originality/valueTheoretical value of this paper consists in the possibility for the application of authors’ conclusions and recommendations in the process of development of the policy of management of effectiveness of university education system. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png international Journal of Educational Management Emerald Publishing

Provision of effectiveness of university education on the market economy

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0951-354X
DOI
10.1108/IJEM-02-2016-0041
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to evaluate and determine the effectiveness of university education on the economy of various countries.Design/methodology/approachTo determine the necessity and expedience of making provision for the effectiveness of university education on the market economy, this work uses the method of regression and correlation analysis. Evaluation of effectiveness of the system of university education is performed separately for students, state, and employers by taking as example countries with specially developed formulas.FindingsThe authors substantiate the necessity for provision of effectiveness of university education on the market economy, view the effective system of university education as a basis for the development of a knowledge economy, determine approaches to evaluate the effectiveness of university education on the market economy, perform evaluation of effectiveness of the system of university education by the example of various countries, determine its connection with indicators of economic growth and development, and provide recommendations for provision of effectiveness of the system of university education on modern market economies.Practical implicationsThe practical value of results of the conducted research consists in the possibility to use the developed formulas for determining the level of effectiveness of the system of university education on various countries of the world.Originality/valueTheoretical value of this paper consists in the possibility for the application of authors’ conclusions and recommendations in the process of development of the policy of management of effectiveness of university education system.

Journal

international Journal of Educational ManagementEmerald Publishing

Published: Jan 9, 2017

References