Improving the Local Research Capacity through the Industry-Academia Collaboration in Kazakhstan

2021 ◽  
Author(s):  
Murat Syzdykov ◽  
Zhassulan Dairov ◽  
Jennifer Miskimins
Keyword(s):  
Human Capital ◽  
Student Development ◽  
Oil And Gas ◽  
Student Assessment ◽  
Pilot Project ◽  
Research Capacity ◽  
Developed Countries ◽  
Human Potential ◽  
State University ◽  
Ministry Of Education

Abstract Kazakhstan has set a lofty goal of becoming one of the world's top 30 developed countries by 2050. This can be accomplished by growing up well-versed, competent, and forward-thinking human capital. We previously discussed curriculum, courses, internships, and student development as part of the World Economic Forum (WEF) pilot project supported by Chevron, Eni, and Shell (Sponsors) to strengthen oil and gas human capital in Kazakhstan (SPE-195903 and SPE-201272). During regular visits, the WEF sponsors and Colorado School of Mines (Mines) could assess the Satbayev University (SU) PE department and underlined the importance of faculty growth. Academic workshops on topics such as course and syllabus design, student assessment, and ABET accreditation standards have been held both offline and online. Meanwhile, to advance the PE program, faculty research capacity must be globally competitive. To begin, the Kazakhstani government distributed visiting scholarship awards on behalf of the supporting World Bank in 2018. Shell Kazakhstan took the initiative and co-funded two PhD candidates so they could perform their research experiments at Pennsylvania State University (PennState). In addition, Mines has gone above and beyond the WEF scope by offering two fully-funded PhD scholarships to exceptional SU faculty. Through the newly constituted Industry-Advisory Board (IAB), the WEF Sponsors emphasized strong contact with the industry, which assisted in identifying a few research topics. These discussions resulted in formulation of four research proposals that were submitted to the Ministry of Education and Science Grants in 2020 and are being co-funded by Sponsors. This collaboration has yielded the approval of two projects by the State. Finally, under the auspices of the IAB meetings, the PE department has been offered opportunity to collaborate with the national KazMunayGas on the company-related project. While academic cooperation is well-known, research and its outcomes are even more critical in today's fast-changing environment. Universities must quickly adapt to industry best practices while remaining committed to their global mission of contributing to national growth and human potential. This paper discusses effective approaches for industry-academia collaboration.

scholarly journals INTERNATIONAL FEATURES AND NATIONAL PECULIARITIES OF THE HUMAN CAPITAL FORMATION OF THE WORLD ECONOMY

2019 ◽  
Vol 21 (3(72)) ◽  
pp. 159-170
Author(s):  
V.N. FOMISHYNA ◽  
S. V. FOMISHYN ◽  
O.K. LADUSHYNA
Keyword(s):  
Human Capital ◽  
Functional Role ◽  
Structural Changes ◽  
Developed Countries ◽  
Human Potential ◽  
Labor Costs ◽  
Human Capital Development ◽  
Capital Development ◽  
World Development

Topicality. Subjective educational, professional, moral and psychological properties of a person which were important at all times, nowadays receive special significance in the context of the formation of a global knowledge economy,. It now becomes an axiom that a person, his knowledge and skills, his ability to creativity is the main productive resource and the main value of society. Valuable measure gets an economic importance in the sense that, in the case of its deformation, all society's efforts, expenditures of government and intergovernmental institutions, households and other actors in sufficient (or high) cost of human capital achievement will fail in forming the main value and the main productive resource of society. Aim and tasks. The purpose of the article is to study the functional role, international features of the formation of human capital and their manifestations in the national economy. Research results. The most developed countries are those which have a high level of human capital development. The functional role of human capital in world development is realized through qualitative improvement of the human potential of the country, the formation of the abilities and needs of its population, plus the characteristics of the contribution of these non-market investments to economic growth, efficiency and competitiveness. Human capital, like all kinds of capital, is not objectively predetermined, it is the result of the joint efforts of the man himself, his family, enterprise, and state. For a person, these efforts are associated with labor costs, time and financial resources, for enterprises and the state - mainly with the financial costs associated with economic and social development. The financial cost of a qualitative improvement of the workforce, which means its transformation into human capital, takes the form of investment � all kinds of investments into a person, that can be valued in cash or another form and are purposeful, that contribute to the growth of labor productivity and increase income level. Investments in human capital in comparison with investments in other types of capital are distinguished by a number of peculiarities that influence the decision making of the subject in relation to the choice between current consumption or savings for the purpose of further investment and accumulation of human capital. Each of the subjects, investing in individual human capital, pursues its own goals and sees in his own way the future benefits of its accumulation. The dynamics, structure and volume of these investments shows that they differ significantly in the industrialized countries and in Ukraine. The volumes of investments into different components of human capital in Ukraine are lower than in Western countries, the USA, and Japan. As a result, in the last decades there has been a deformed structure of investment in a person, which complicates its quantitative and qualitative reproduction. Conclusion. International tendencies of human capital development are manifested in the following: the formation of a human-centric concept and the humanization of world development; growth of the role of financial markets in investing in human capital; a large proportion of human capital in the national wealth of highly developed countries; high and stable expenditures on human capital development at all levels of the economy; rapid response of the educational sphere to structural changes in the economy; the transformation of knowledge into the most extensive sphere of investment. In the system of reproduction of human capital in modern Ukraine has accumulated a number of acute problems of socio-economic and moral-ideological nature, which, due to the unfavourable development of events, could lead not only to the progress of the economic system, but also to its destruction.

scholarly journals Impact of Human Capital on GNP Level

2008 ◽  
Vol 3 (1) ◽  
pp. 15-21
Author(s):  
Željko Požega ◽  
Boris Crnković
Keyword(s):  
Human Capital ◽  
Gross National Product ◽  
Physical Capital ◽  
Developed Countries ◽  
Human Potential ◽  
Eastern European ◽  
Economic Policies ◽  
Social Growth ◽  
Poor Countries ◽  
Eastern European Countries

Impact of Human Capital on GNP LevelIt is possible to achieve faster rates of social growth, greater developement, a better standard of living and narrow the gap between rich and poor countries by changing a government's economic policies so that they emphasize investments in the developement of human potential. An increase in motivation, knowledge, levels of education and team organization, as well as a strengthening of citizens' moral, intellectual and social potential will, as the results of investigations quoted in this article show, bring faster growth of the Gross National Product (GNP). There is still a paradigm prevailing in south-eastern European countries to invest more in physical capital than in human capital. This paradigm is the reason that these countries continue to fall behind the most developed countries in the world.

Global Economic Crisis of 2008-2009: Sources and Roots

2009 ◽  
pp. 18-31
Author(s):  
G. Rapoport ◽  
A. Guerts
Keyword(s):  
Oil And Gas ◽  
Trade Deficit ◽  
Developed Countries ◽  
The Other ◽  
Energy Resources ◽  
Market Mechanisms ◽  
Production Output ◽  
The One ◽  
To Receive ◽  
Partial Destruction

In the article the global crisis of 2008-2009 is considered as superposition of a few regional crises that occurred simultaneously but for different reasons. However, they have something in common: developed countries tend to maintain a strong level of social security without increasing the real production output. On the one hand, this policy has resulted in trade deficit and partial destruction of market mechanisms. On the other hand, it has clashed with the desire of several oil and gas exporting countries to receive an exclusive price for their energy resources.

The Reproduction Vector of the Russian Economy: 1999-2007

2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin
Keyword(s):  
Economic Policy ◽  
Human Capital ◽  
Growth Rates ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Real Sector ◽  
Russian Economy ◽  
Per Capita ◽  
The Developed Countries

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.

Human capital in the new development strategy of Russia

2021 ◽  
pp. 410-423
Author(s):  
Konstantin Konstantinovich Kolin
Keyword(s):  
Human Capital ◽  
Development Strategy ◽  
Socioeconomic Development ◽  
Innovation System ◽  
Developed Countries ◽  
Modern Concept ◽  
National Human ◽  
The World ◽  
The Developed Countries ◽  
Main Components

The article analyzes the modern concept of human capital and its role in the socioeconomic development of society. The structure of human capital in Russia and the state of its main components have been studied. The necessity of creating mechanisms for significantly more effective use of the intellectual potential of scientific and educational institutions of the country, as well as of the formation of a national innovation system, is shown. It is demonstrated that according to the World Bank estimates, today the national human capital in developing countries accounts for more than half of their national wealth, and in the developed countries of the world – for about 70-80%. Thus, human capital is now considered as the most important economic category, the importance of which will significantly increase in the 21st century. The author believes that it is advisable to use the positive experience of the functioning of such a system in China.

World energy transition: trends and risks

2021 ◽  
Keyword(s):  
Oil And Gas ◽  
Energy Transition ◽  
Energy Sector ◽  
State University ◽  
International Conference ◽  
Energy Complex ◽  
World Energy ◽  
Russian State ◽  
Complex Development

The compendium of works presented at the international conference of young scholars, organized by the Center of Energy Studies, IMEMO RAS and Faculty of International Energy Business of Gubkin Russian State University (NRU) of Oil and Gas, covers various trends of world energy complex development in the context of energy transition. Special attention is paid to the analysis of the situation in the energy sector of Vietnam, China, India, Iran and Uzbekistan as well as to prospects of hydrogen and LNG transport development.

scholarly journals Content characteristics and aspectization of components of human capital structure

2020 ◽  
pp. 42-48
Author(s):  
Nadiia Benko
Keyword(s):  
Human Capital ◽  
Capital Structure ◽  
Social Development ◽  
Educational Process ◽  
Economic Research ◽  
Human Potential ◽  
Main Element ◽  
System Component ◽  
Reproductive Process ◽  
Potential Capacity

Purpose. The aim of the article is to clarify the various approaches to the interpretation of the essence and significance of human capital for the development of a modern theoretical basis for human capital development in the economy. Methodology of research. The theoretical and methodological bases of the study are the fundamental provisions of modern economic theory, research of domestic and foreign scientists. Systemic, process, historical and logical approaches were used to achieve the goal and defined tasks. General scientific methods were used in the process of research: comparison – in determining the differences in the interpretation of the essence of human capital by different scientists; analysis – in determining the quantitative and qualitative parameters of human capital; synthesis – in determining the components of the structure of human capital, which are the objects of management and measurement and the system of indicators, which are the objects of management of its structure; induction and deduction – in determining approaches to the essence of human capital and aspecting the components of the structure of human capital. Also special methods of economic research were used: grouping – in determining aspects of the components of the structure of human capital and their effectiveness, indicators of human capital; tabular and graphic – when systematizing the components of the structure and indicators of human capital, aspectization of human capital; analysis at the macroeconomic level - in determining trends in the concept of human capital. Findings. As a result of studying of human capital it is established that: human capital is the ability to bring benefits (correlated with the concept of "labour"); human capital is a stock (correlated with the concept of "asset" which is temporarily not used); human capital is a resource (correlated with the concept of "asset" which is used); human capital is a potential (correlated with the concept of "asset" which can be used to a limited extent based on the used set of potential capacity or sources of potential capacity); human capital is a source of income (correlated with the amount of income); human capital is a special form of capital (acts in the form of interaction of needs and abilities of the subject); human capital is a form of realization of economic relations. Originality. Theoretical provisions on the essence of human capital as an economic category were clarified, in which human capital is the carrier of systemic relations of the reproductive process of society Namely, system-component approach in the interpretation of the "human capital" term was substantiated, which, in contrast to the existing approach, defines the composition and aspects of component structure of human capital, which reveals the internal organization of human capital and the relationship of its constituent components, i.e. those that were obtained biologically, those that were obtained in society, those that formed the carrier of human capital as the main element of the productive forces. Practical value. The practical significance lies in increased scientific reasoning of theoretical provisions and practical measures to ensure the mechanism of state regulation of the reproduction of human capital in accordance with the transformational changes in social relations and market conditions, as well as globalization processes. The author's proposals can be used by the Ministry of Labour and Social Policy, in developing strategies and concepts of social development of countries, or by the Ministry of Economics, in developing economic and social development projects of Ukraine, educational process of higher education institutions of Ukraine. Key words: capital, human capital, human potential, theory of human capital, concept of human capital, system approach, structural and functional approach, management approach, components of human capital structure, aspectization.

scholarly journals Management of Process and Infrastructure in Higher Education Institution

2019 ◽  
Vol 5 (1) ◽  
pp. 27
Author(s):  
Ekaterine Gulua
Keyword(s):  
Higher Education ◽  
Quantitative Research ◽  
Education Institution ◽  
Human Potential ◽  
State University ◽  
University Management ◽  
Chi Square ◽  
Higher Education System ◽  
Open Questions ◽  
Academic Personnel

The work is dedicated to analyzing the management challenges of higher education institutions, which are discussed from two different angles: the management process and its supporting - ergonomic and infrastructural issues. The work is accomplished under the auspices of the Human Potential Management Laboratory at Ivane Javakhishvili Tbilisi State University. The present work is a continuation of the previous research items, which were devoted to studying the perceptions of university challenges. The work is based on the qualitative analysis of the Georgian higher education system and Ivane Javakhishvili Tbilisi State University management mechanisms, also the research analysis on the attitude towards the current challenges of TSU Economics and Business Faculty students and the academic personnel. 62% of the total composition of the academic personnel participated in the surve. The questionnaire included 48 closed and two open questions. The data was developed in the program "SPSS-Statistics”. Preliminary hypotheses have been verified by statistical methods. Person correlation test, the Chi-square tests and linear regression, namely the ANOVA test are used to analyse the results. The analysis of the challenges based on the qualitative and quantitative research became the basis of searching ways to improve the management strategy of higher educational institutions. The challenges identified in the work and the suggested recommendations will help the stakeholders interested in the issue/field.

scholarly journals International Migration As A Driver Of Country Development

2021 ◽  
Vol 5 (1) ◽  
pp. 133-143
Author(s):  
Denys Pudryk
Keyword(s):  
Human Resources ◽  
Political Development ◽  
Donor Country ◽  
Developed Countries ◽  
Destination Country ◽  
Human Potential ◽  
Skilled Workers ◽  
Macroeconomic Indicators ◽  
And Migration ◽  
Migration Determinants

The expression of the country’s sustainable socio-political development is its achievement of macroeconomic stability, which, first of all, depends on the ability of the national economy to ensure the growth of macroeconomic indicators. It raises many questions about identifying and evaluating factors that directly and indirectly impact growth. In recent decades, more and more attention is paid to the problems of developed countries’ human capital security and their importance for macroeconomic processes. Human resources can be interpreted as explicit (labor resources) and implicit (ethnic, age, language, qualification distribution, etc.) factor influencing macroeconomic indicators. Since most economically advanced states belong to the category of old nations, they have faced another global problem in the last half-century – the population’s rapid ageing. Their gradual degeneration leads to the inhibition of positive macroeconomic processes. Therefore there is a need to attract new human resources, and migration is one of the most effective levers to solve this problem. However, migration can pose several threats to both the destination country and the donor country. In the economic context for the destination country, the most serious of these is the lack of the desired improvement in human potential due to the influx of low-skilled workers. In contrast, for the country of origin, there is a brain drain. It creates the problem of determining the factors that affect population migration between the donor country and the destination country, and their correlation with macroeconomic indicators. The purpose of this work is to conduct a generalized analysis of methodologies for assessing the interconnectedness of macroeconomic and migration determinants and identifying commonalities. According to the work results, it was found that most of the analyzed scientists use simple estimation models, filling them with related indirect migration factors and macroeconomic indicators, which are formed depending on the primary goal of the work. Thus, this study allows us to create a list of migration determinants commonly used in typical results, to form an updated methodological framework.

scholarly journals The Nigerian population: A treasure for national development or an unsurmountable national challenge

2021 ◽  
Vol 2 (1) ◽  
pp. 136-142
Author(s):  
Vitalis Jafla Pontianus ◽  
Oruonye E.D.
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Population Growth ◽  
National Development ◽  
Developed Countries ◽  
Resource Scarcity ◽  
Population Increase ◽  
High Population ◽  
Major Player ◽  
The World

Nigeria is the most populous black nation in the world. It is equally one of the Less Developed Countries (LDCs) with very high population. Population growth is a very important element and a challenge in the development process in LDCs. The population of Nigeria is expected to continue to grow up to 239 million by 2025 and 440 million by 2050, thereby ranking it to 4th position among countries of the World with high population. This without doubt will place Nigeria in a position of major player in the global system, and more importantly in the African region. It is against this background that this study examines Nigeria’s population composition by poising the following questions; will Nigeria’s present and future population structure be a benefit or a burden? How can Nigeria’s relative share of working-age composition (15- 64) and dependents (under 15 and 65 and over) contribute to long term economic growth and development of the country? The findings of the study reveals that population growth is a critical factor in the development of any economy, providing workforce for production of goods and services to boost economic development and a critical determinant of the potentials of a country’s investment. The study findings also show that continuous population growth militates against economic growth through inducement of poverty, falling medical care/services and environmental degradation, worsen resource scarcity in areas where a large proportion of the population already relies on natural resource-based livelihoods. The study argued that population increase is not a problem in itself to any nation, and that there are some impeding factors associated with population growth such as corruption, inadequate planning, inappropriate implementation of development plans, poor budget/implementation and complacency in developing human capital. These are issues that the Nigerian state since independence have continued to battle with which has invariably made it a seemingly failed state. The study concludes that how much any country can benefit from its population size is dependent on the quality of human capital. Based on the findings, the study recommends economic diversification, government empowerment of Small and Medium scale Enterprises, paying attention to human capital development and target-oriented education.

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