The Impact of Training Highly Qualified Personnel on Scientific and Economic Development Khaustova V. Y., Reshetnyak O. I.
Khaustova, Viktoriia Ye., and Reshetnyak, Olena I. (2020) “The Impact of Training Highly Qualified Personnel on Scientific and Economic Development.” The Problems of Economy 1:43–51. https://doi.org/10.32983/2222-0712-2020-1-43-51
Section: World economy and international relations
Article is written in UkrainianDownloads/views: 10 | Download article in pdf format - |
UDC 378.225
Abstract: The aim of the study is to determine the impact of training highly qualified personnel on scientific and economic development. To achieve the goal of the study, the methods of logical, statistical, correlation analysis, as well as the matrix approach to positioning countries of the world are used. The article puts forward and proves the hypothesis of a significant positive impact of indicators characterizing the level of training highly qualified personnel on indicators characterizing the condition of scientific sphere and scientific results, as well as economic results of the country for selected advanced nations of the world successfully implementing an innovative model of economic development. For Ukraine, the hypothesis is not confirmed. The results of the correlation analysis of indicators in absolute measurement show that an increase in the number of people with a master’s and doctoral degree has a positive effect, contributing to an increase in the number of researchers, the number of articles in scientific and technical journals, the level of GDP, and research and development expenses. The average positive effect of the number of population with a doctoral degree on the number of patent applications of the corresponding country at the level of high-tech exports and the low positive effect of the population with a master’s degree on the number of patent applications of the corresponding country at the level of high-tech exports are revealed. The results of Ukraine’s positioning relative to other countries of the world, based on the matrix approach, demonstrate that in the plane of coordinates of the number of people who have a master’s and doctoral degree and indicators characterizing the level of economic and scientific development our country is in quadrants that characterize a low level of chances in economic and scientific development. This makes it necessary to improve the system of training highly qualified personnel.
Keywords: highly qualified personnel, scientific personnel, scientific development, economic development, system for training highly qualified personnel.
Fig.: 4. Tabl.: 1. Bibl.: 19.
Khaustova Viktoriia Ye. – Doctor of Sciences (Economics), Professor, Director, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine) Email: v.khaust@gmail.com Reshetnyak Olena I. – Doctor of Sciences (Economics), Associate Professor, Head of, Sector of Industrial Policy and Innovative Development, Research Centre for Industrial Problems of Development of NAS of Ukraine (2 floor 1-a Inzhenernyi Ln., Kharkіv, 61166, Ukraine) Email: reshetele@ukr.net
List of references in article
“National Science Foundation. Education and Human Resources (EHR)“. https://www.nsf.gov/dir/index.jsp?org=EHR
“Main Science and Technology Indicators“. OECD. https://stats.oecd.org/Index.aspx?DataSetCode=GERD_SOF#
“Science Indicators“. World Bank. https://data.worldbank.org/about/get-started
Khaustova, V. Ye., and Reshetniak, O. I. “Doslidzhennia stanu ta tendentsii rozvytku nauky v krainakh svitu ta Ukraini“ [Research on the State of Science and Trends in its Development in Countries of the World and Ukraine]. Problemy ekonomiky, no. 3 (2019): 11-22. DOI: 10.32983/2222-0712-2019-3-11-22
Khaustova, V. Ye., and Reshetniak, O. I. “Osnovni tendentsii ta problemy rozvytku nauky v Ukraini“ [Main Trends and Problems in the Development of Science in Ukraine]. Problemy ekonomiky, no. 2 (2019): 62-72. DOI: 10.32983/2222-0712-2019-2-62-72
“OECD Centre for Educational Research and Innovation“. Human Capital Investment: An International Comparison. Paris: OECD Publications, 1998.
Ang, J. B., and Madsen, J. B. “Can Second-Generation Endogenous Growth Models Explain the Productivity Trends and Knowledge Production in the Asian Miracle Economies?“ The Review of Economics and Statistics, vol. 93 (4) (2011): 1360-1373.
Mahmoud, A., and Alsanousi, A. “The Effect of Higher Education quality on Economic Growth in Libya“. International Journal of Academic Research in Business and Social Sciences, vol. 7, no. 3 (2017). DOI: 10.6007/IJARBSS/v7-i3/2706
Ukraina u vymiri ekonomiky znan [Ukraine in the Dimension of the Knowledge Economy]. Kyiv: Osnova, 2006.
Sianesi, B., and Reenen, J. V. “The Returns to Education: Macroeconomics“.Journal of Economic Surveys, vol. 17, no. 2 (2002): 157-200.
Psacharopoulos, G., and Patrinos, H. A. “Returns to investment in education: a further update“. Education Economics, vol. 12, no. 2 (2004): 111-134.
Mamuneas, Th. P., Savvides, A., and Stengos, Th. “Economic Development and the Return to Human Capital: A Smooth Coefficient Semiparametric Approach“. Journal of Applied Econometrics, vol. 21, no. 1 (2006): 111-132.
Cohen, D., and Soto, M. “Growth and Human Capital: Good Data, Good Results“. Journal of Economic Growth, no. 12 (2007): 51-76.
Harmon, C., Oosterbeek, H., and Walker, I. “The Returns to Education: Microeconomics“. Journal of Economic Surveys, vol. 17, no. 2 (2002): 115-156.
Marginson, S. et al. “STEM: Country Comparisons: International Comparisons of Science, Technology, Engineering and Mathematics (STEM) Education“. In Australian Council of Learned Academies, 1-178, 2013.
Islam, R., Ang, J. B., and Madsen, J. B. “Quality-Adjusted Human Capital and Productivity Growth“. Economic Inquiry, vol. 52, no. 2 (2014): 757-777.
Atkinson, R. D., and Mayo, M. “Refueling the U. S. Innovation Economy: Fresh Approaches to STEM Education“. In The Information Technology and Innovation Foundation, 1-178, 2010.
Eric, A. “Hanushek Will more higher education improve economic growth?“ Oxford Review of Economic Policy, vol. 32, no. 4 (2016): 538-552. DOI: 10.1093/oxrep/grw025
“Doctoral Dissertation Abstracts in Economic Growth and Development“. The American Economist, no. 15 (2) (1971): 140-179. DOI: 10.1177/056943457101500216
|