IMPROVEMENT OF HIGHER EDUCATION AS A FACTOR OF COMPETITIVENESS IN SERBIA
Journal Title: Knowledge International Journal - Year 2018, Vol 26, Issue 2
Abstract
Knowledge and innovation are a key resource of modern economies in the era of the knowledge economy. A system that generates a high level of knowledge and the possibility of transforming it into innovation is the higher education system. Higher education has been recognized as the generator of growth and development of countries in contemporary conditions. Numerous researches have confirmed that if the country is more developed, higher education is becoming a growing important factor. However, its importance as the driving force of the development of less developed and developing countries should not be ignored. These countries, in the potential lack of other resources, can base their more dynamic development on the quality of education. Educated and professional staff is an important competitive advantage of countries in modern conditions. Higher education produces educated labour, characterized by higher productivity and innovative ideas. Such workforce contributes more to local economic development and the development of the country as a whole. Therefore, high-quality higher education can be a key factor for the economic development of developing countries and improving living standards. Bearing in mind the above, it is not surprising that higher education is recognized as a significant factor of the competitiveness of countries. Taking into account global trends, Serbia as a developing country should not ignore the importance of higher education. The aim of the paper is to examine the place and role of higher education as a factor of competitiveness in Serbia. The paper, based on the data of the World Economic Forum, analyzes key indicators of the quality of higher education in Serbia and examines their contribution to the competitiveness of the country. Five indicators were analyzed: Secondary education enrollment rate, Tertiary education enrollment rate, Quality of the education system, Quality of math and science education and Quality of management schools. The basic research methods applied in the paper are the method of analysis in the dynamics of time and regression analysis. The movement of the values of these indicators in a ten-year period are analysed by the first method. On this basis, a conclusion on a more or less successful policy of improving the quality of higher education in Serbia is drawn. The influence of the mentioned indicators of the quality of higher education on the competitiveness of Serbia is considered by the second method. It points to higher education segments that can be the key weapon in the competitive struggle of Serbia in the global market, as well as those in which Serbia does not record satisfactory results and which require improvement.
Authors and Affiliations
Tanja Stanišić, Marija Kostić
Keywords
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