Problems of Reforming and Financing Education and Science as Fundamental Elements of a Knowledge-Based Society
Journal Title: Бізнес Інформ - Year 2015, Vol 6, Issue 0
Abstract
In today's world, one of the main factors in the development of knowledge economy is education, which is considered as a basic «producer» and «distributor» of knowledge. Conversion of both knowledge and human capital in one dominant factor of economy development determines an increase of synergy between education and economic processes, enhances its role in the formation of knowledge economy. At the same time, further development of education and science is impossible without upgrading the financing system and establishing a conducive institutional framework. In the world practice, financial support for education is based on a combination of budgetary and extra-budgetary resources. This combination is able to provide financial autonomy of educational institutions. Subjection of the education goals to the knowledge economy, creating innovative products and formation with this aim of institutional, legislative and financial frameworks will allow to achieve high results in development of countries and raising social standards for the citizens. Particular attention should be given to finding financial resources for development of education as knowledge economy-oriented sphere. Along with public sources, an important role can be assumed by charity, enhanced by the endowment mechanism.
Authors and Affiliations
Olha Maguta
Keywords
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