Procedings of the 13th European Conference on Innovation and Entrepreneurship
These proceedings represent the work of contributors to the 13th European Conference on Innovation and
Entrepreneurship (ECIE 2018), hosted this year by the University of Aveiro, Portugal on 20-21 September 2018.
The Conference Chair is Professor Carlos Costa and the Programme Co-Chairs are Dr. Manuel Au-Yong-Oliveira
and Dr. Marlene Paula Castro Amorim.
ECIE is now a well-established event on the academic research calendar and now in its 13th year the key aim
remains the opportunity for participants to share ideas and meet the people who hold them. The scope of
papers will ensure an interesting two days. The subjects covered illustrate the wide range of topics that fall
into this important and ever-growing area of research.
Abstract: The paper analyses the role of vocational education in formation of professional trajectories of Russian employed population during the period 2005-2015. Based on longitudinal data we explore the differences between career paths of workers that had the experience of vocational training and workers without such experience. We contribute the debate regarding vocational training and its role in innovation and economic development utilizing methodology of sequence analysis and Markov chains with long memory (mixture transition distribution models (MTD)). MTD models suggest the analysis of categorical data sequences instead of quantitative data that is standard for this kind of research. Such methodological approach allows not only estimating casual effects of participation in vocational education programs on the wage level, but exploring how vocational training influences the whole career path. Our findings suggest that those workers who participate in vocational training have lower probability of different negative events in their careers including job loss. Moreover, mixture transitions distribution models suggest that for such workers the current career status determined by longer history of previous career events than for those employees that had not any experience of participation in vocational education programs. These results give the evidence that vocational education is important factor of success on the labour market, providing greater flexibility of career paths that is crucial in innovation development of the labour market and economy as a whole. Findings of the study also have important policy implications. Importance of vocational training on individual level suggests that investment in vocational education on societal level will bring positive returns. This kind of education provides the flexibility of individuals on the labour market, through vocational training workers obtain new skills and knowledge that allows them utilizing new technologies and innovations. Development of vocational education may be considered as policy-making instrument that can generate positive economic outcomes.