Higher education teaching and training system and economic performance: An empirical investigation

Bouchakour, Radhia; Saad, Mohammed; Guermat, Cherif

Abstract

© 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group. This paper investigates the impact of higher education characteristics on economic performance. Despite a relatively plethoric literature, there is still a clear lack of understanding of the interaction of teaching and training with knowledge, innovation and economic performance; the heterogeneity across levels of economic development; and the mediating role of innovation and knowledge. The existing literature on higher education policy, economics and innovation helps us identify four key higher education characteristics relating to size, funding, subsidies and mismatching. Cross-country education, patents and publications data are used to estimate the direct and indirect effects of the four higher education characteristics on economic performance. We draw a number of conclusions, including the desirability of subsidies and greater access to higher education, and the non-desirability of the ‘Ivory Tower’ system. We also find a significant difference in the interaction of higher education characteristics with economic performance across levels of economic development.

• Journal Article Type: Article
• Acceptance Date: Sep 11, 2019
• Online Publication Date: Oct 23, 2019
• Publication Date: Oct 23, 2019
• Deposit Date: Dec 12, 2019
• Publicly Available Date: Apr 24, 2021
• Journal: Journal of Education and Work
• Print ISSN: 1363-9080
• Electronic ISSN: 1469-9435
• Publisher: Taylor & Francis (Routledge)
• Peer Reviewed: Peer Reviewed
• Volume: 32
• Issue: 5
• Pages: 500-517
• DOI: https://doi.org/10.1080/13639080.2019.1673885
• Keywords: Higher education and training system, economic performance, patent, publication, cross-country, developing and developed countries
• Public URL: https://uwe-repository.worktribe.com/output/4825811