The paper presents a model of continuous profession-oriented learning in the electronic environment at organizational, technological and learning levels. The learning level involves the application of modern technologies in e-pedagogies. The educational process is being built on the bases of iterative analysis, competence assessment and individual trajectories of learning. The organizational level implies the formation of integrated knowledge space which unites community of teachers from various higher educational institutions, research organizations and business enterprises within the system of academic knowledge management. At the technological level the members and partners of the integrated knowledge space are provided with appropriate instruments within the framework of social networks to develop educational and methodological materials, to search, to capture, to accumulate and to systematize knowledge with respect to the competence model’s requirements based on ontology method. The model aims at developing the methodology for creating and maintaining the intelligence systems to generate comprehensive competences. It enables the education institutions to effectively solve the problem of enhancing the education quality and assurance to meet the requirements of the business innovative development in knowledge society.
Institutions affect investment decisions, including investments in human capital. Hence institutions are relevant for the allocation of talent. Good market-supporting institutions attract talent to productive value-creating activities, whereas poor ones raise the appeal of rent-seeking. We propose a theoretical model that predicts that more talented individuals are particularly sensitive in their career choices to the quality of institutions, and test these predictions on a sample of around 95 countries of the world. We find a strong positive association between the quality of institutions and graduation of college and university students in science, and an even stronger negative correlation with graduation in law. Our findings are robust to various specifications of empirical models, including smaller samples of former colonies and transition countries. The quality of human capital makes the distinction between educational choices under strong and weak institutions particularly sharp. We show that the allocation of talent is an important link between institutions and growth.