scholarly journals INCREASING ECONOMIC IMPORTANCE OF HIGHER EDUCATION AS A COMPONENT OF HUMAN CAPITAL

2019 ◽  
Vol 30 (1) ◽  
pp. 29-35
Author(s):  
Dušan Cvetanović ◽  
Lena Despotović ◽  
Sretko Ribać

Human capital is a key production resource that is available to the greatest part of population. The investments in education and training contribute to the growth of economic efficiency. There are many proofs in support of the thesis that investment in education is stimulating to economic growth, course of average labour productivity and growth of real earnings. There is a strong correlation between the education and earnings: higher educational level implies higher level of wages, while higher salaries further motivate people to acquire permanent education. Human capital practically vanishes unless it is used. In such cases, human capital acts consistently nearly equally to financial capital, by displacing into the environments where higher yields are expected. The above explicated approach to research is often criticised, especially bearing in mind its static character. In real life, the degree of material embodiment of human capital is mostly the function of ability of involvement in activities of lifelong education and acquisition of practical skills. Economic value of human capital depends on its contribution to creation of values of goods and services. Hence, the possibility that certain components of human capital are highly evaluated at specific time and in particular environment, while without any significance in other circumstances should be always borne in mind. Relative value of particular components of human capital greatly depend on the stage of economic and social development of a country where their meaning is perceived. In present conditions of earning, in the process of creation of human capital, the activities directed towards lifelong education and professional advancement and digital literacy have become increasingly significant. Education, and especially higher education, contributes to economic and social development of certain communities in most various ways. In accordance with the approach to basic needs, education is increasingly recognised as an elementary need which helps to satisfy many other needs and contributes to the life quality improvement. In the educational policy, rapid development of technology imposes two key conclusions. The first is that education should be directed towards the capability of acquisition of new knowledge during lifetime (the ability to learn is learnt), while the other is dissemination of education to all social strata. The competence of human capital includes the application of new knowledge in everyday practice. Therefore it is not surprising that this form of capital permanently increases its participation in the structure of total capital in all contemporary economies. At the same time, the attitude that human capital is a backbone of overall development of each nation (economic, social etc.) is predominant in economic science today, while education is its most significant framework.

2021 ◽  
Vol 5 (38) ◽  
pp. 59-74
Author(s):  
Karina Patricia Arévalo Briones ◽  
Edgar Vicente Pastrano Quintana ◽  
Yamilka Sosa Oliva

The Republic of Ecuador, and in particular the State Technical University of Quevedo (UTEQ), demands the training of highly qualified professionals, according to the demands of society. In this context, pre-professional practice constitutes an essential means to achieve these expectations, based on taking into account the Pedagogical Model by Competences. Faced with these challenges, in Ecuador, the training of competent professionals committed to social development is today a necessity. Training graduates capable of facing the challenges of technological development in their jobs is a priority, both for Higher Education and for the entities that employ qualified human capital in the country. It concludes by stating that it constitutes a challenge for the UTEQ, the conception and application of results that arise in the area of ​​Pedagogical Sciences, to favor an adequate development of the evaluation by competencies of pre-professional practices


Author(s):  
Yngve Nordkvelle

The task of mediating meanings of what may be constituted as ‘practice’ and ‘theory’ – its differences of kind and essence – and their commonalities or unions in the everyday of students – and the professions they are being prepared for, is demanding. The introductory chapter seeks to introduce a multitude of angels to view the phenomenon by. There is a political angle about how we make students better prepared for their future vocational contribution to the society, so that their human capital is realised as soon as possible in the knowledge economy. The humanistic angle suggested in the chapter deals with the personal and social development of the students. There is also a philosophical angle available to interprete how thinking and reasoning is a matter of shifting modes with acting and doing – and reflecting on the relations between them. The chapter uses the framework adapted from Ernest Boyer to project where we as academics are in the landscape of higher education: in the disciplines or in education of professionals.


2019 ◽  
Vol 10 (6) ◽  
pp. 501-516
Author(s):  
María Ángela Jiménez Montañés ◽  
◽  
Susana Villaluenga de Gracia

The implementation of curricula of degree, within the framework of the European space of higher education (EEES) has been a substantial change in University learning. The student spent acquire knowledge, competencies, being considered as “an identifiable and measurable set of knowledge, attitudes, values and skills related that allow satisfactory performance in real-life situations of work, according to the standards used in the occupational area” (Van-der Hofstadt & Gómez, 2013, p. 30). More specifically, we talk about generic skills, which are the cognitive, social, emotional and ethical (initiative, effort with the quality, liability, etc.) of transferable character that constitute “knowledge be” in vocational training of the University; and specific competencies in the various degrees and disciplines, allowing to specify functions and professional profiles to form. The degree of management and business administration, general objective is to train professionals and experts in the knowledge and use of processes, procedures, and practices employed in organizations. This overall objective implies to consider the interrelationships between the different parts of the Organization and its relationship with the environment. Studies administration and business management are aimed at learning theories, models and tools applicable to the processes of decision and management organizations. According to the book white of the title of the degree in economics and business, published by the national agency of evaluation and quality, distinguish between specific objectives in the field of knowledge and specific objectives in the field of competences and skills. Focusing on the latter, and in accordance with the Subject Benchmark Statements of General Business and Management, published by the Quality Assurance Agency for Higher Education in the United Kingdom, the specific objectives in the field of skills and abilities that we focus the work would empower the student to it raise the ethical exercise of the profession, assuming social responsibility in decision-making. In this environment, it is necessary to consider the implementation of the 2014/95/EU Directive on disclosure of non-financial information and information on diversity of certain large companies and certain groups resulted in the publication of the Royal Decree 18/2017, of 24 November, whereby amending the commercial code, the consolidated text of the Capital Companies Act approved by Royal Legislative Decree 1/2010 of 2 July and the law 22/2015, 20 July audit of accounts , in the field of non-financial information and diversity. This new disclosure requirement for companies leads us to consider the need to introduce a transversal subject in the curricula of students in economics and management and business administration studies, in order to acquire the skills necessary in the European Higher Education Area (EHEA), to produce the new business reports.


2017 ◽  
Vol 15 (2) ◽  
pp. 267-286
Author(s):  
Stanisław Leszek Stadniczeńko

The author considers the questions relating to the formation of lawyers’ professional traits from the point of view of the significance which human capital and investment in this capital hold in contemporary times. It follows from the analyses, which were carried out, that the dire need for taking up actions with the aim to shape lawyers appears one of the most vital tasks. This requires taking into account visible trends in the changing job market. Another aspect results from the need for multilevel qualifications and conditions behind lawyers’ actions and their decisions. Thus, colleges of higher education which educate prospective lawyers, as well as lawyers’ corporations, are confronted by challenges of forming, in young people, features that are indispensable for them to be valuable lawyers and not only executors of simple activities. The author points to the fact that lawyers need shaping because, among others, during their whole social lives and realization of professional tasks their personality traits and potential related to communication will constantly manifest through accepting and following or rejecting and opposing values, principles, reflexions, empathy, sensitivity, the farthest-fetched imagination, objectivism, cooperation, dialogue, distancing themselves from political disputes, etc. Students of the art of law should be characterized by a changed mentality, new vision of law – service to man, and realization of standards of law, as well as perception of the importance of knowledge, skills, attitudes and competences.


2011 ◽  
Vol 50 (4II) ◽  
pp. 531-553 ◽  
Author(s):  
Shujaat Farooq

In this study, an attempt has been made to estimate the incidences of job mismatch in Pakistan. The study has divided the job mismatch into three categories; education-job mismatch, qualification mismatch and field of study and job mismatch. Both the primary and secondary datasets have been used in which the formal sector employed graduates have been targeted. This study has measured the education-job mismatch by three approaches and found that about one-third of the graduates are facing education-job mismatch. In similar, more than one-fourth of the graduates are mismatched in qualification, about half of them are over-qualified and the half are under-qualified. The analysis also shows that 11.3 percent of the graduates have irrelevant and 13.8 percent have slightly relevant jobs to their studied field of disciplines. Our analysis shows that women are more likely than men to be mismatched in field of study. JEL classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market


2019 ◽  
Author(s):  
Раиса Николаевна Афонина ◽  
Людмила Константиновна Синцова

В статье рассматривается проблема согласования гуманитарного стиля мышления и естественнонаучного знания. Практика показывает, что у студентов, выбравших для обучения гуманитарные специальности, преобладает гуманитарное мышление. Оно сформировано условиями профильного обучения в средней школе и продолжает развиваться на этапе получения высшего образования. Гуманитарный тип мышления характеризуется диалогичностью, вариативностью, креативностью, самостоятельностью в освоении новых знаний, способностью к интеллектуальным изобретениям и экспериментам с неизвестными и неочевидными результатами, к рефлексивности и критичности результатов деятельности. Важнейшими условиями повышения эффективности в освоении содержания естественнонаучных дисциплин студентами-гуманитариями являются учет возможностей и познавательных интересов студентов, использование резервов учебной информации, интерактивных методов обучения.The article deals with the problem of harmonizing the humanitarian style of thinking and natural science knowledge. Practice shows that students who choose humanities to study in humanities have humanitarian thinking that prevails. It is shaped by the profile of secondary school education and continues to evolve at the stage of higher education. The humanitarian type of thinking is characterized by dialogue, variability, creativity, autonomy in the development of new knowledge, the ability to intellectual inventions and experiments with unknown and non-obvious results, to reflexivity and criticality of the results of activities. The most important conditions for increasing the effectiveness in mastering the content of natural science disciplines by students of the humanities are taking into account the capabilities and cognitive interests of students, the use of reserves of educational information, interactive teaching methods.


Author(s):  
B.A. Voronin ◽  
◽  
I.P. Chupina ◽  
Ya.V. Voronina ◽  
◽  
...  

The article discusses a non-standard view of the formation of human capital for work in organizations of the agricultural sector of the economy, in the context of modern socio-economic transformations. In the classical sense, human capital for agriculture should be formed and developed in rural areas. But in real life, this is not always the case, because there are many factors that prevent the classical solution of this problem. First, the demographic factor affects, second, social and household factors, and third, in many rural areas there are no working agricultural organizations where qualified agricultural specialists can work. All these and other circumstances actualize the problem of the quality of human capital in rural areas in relation to the development of agricultural production.


Author(s):  
Volodymyr Ryabchenko

There are following prerequisites outlined in this article: worldwide democratization trend; complexity of structures of social systems; growing needs in human capital development; autonomy of national higher education institutions; civilizational problem of Ukraine in national elite. Conceptual problems on a road to real democracy in higher education institutions were actualized and analyzed. Determined and characterized three models of higher education institutions activities based on the level of democratization needs of their social environment as: negative, neutral and favorable.


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