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Evaluation of the Higher Education Impact on the Economic Growth of Russian Regions: An Institutional Approach

P. 8646–8654.
Kochetkov D., Larionova V.

Management of regional economic systems is a key factor in the national economic growth in general. Some researchers noted a close relationship of higher education and regional economy, but a unified methodological approach to assessment of the impact of education on regional economic growth has not been produced. The issues are associated not only with the ambiguous wording of the term "region" as a territorial or spatial unit, but also with the complexity of the formalized description of the education system through objective indicators of its development. The paper proposes a model based on the institutional approach to assessment of the impact of regional educational systems on the economic growth of territories. Results of research empower estimation of effectiveness of the regional Russian universities and identification of the gaps between the regional educational systems and the needs of regional economies. Key findings can be used in further theoretical and applied research, and in regional policy both in Russia and in other transition economies.

Language: English
Full text
DOI
Keywords: economic growthknowledge transferinstitutional approachhuman capital developmentknowledge generationregional educational systemworkforce production

In book

INTED Proceedings - 11th International Conference on Technology, Education and Development (INTED)
Valencia: IATED-INT ASSOC TECHNOLOGY EDUCATION & DEVELOPMENT, 2017.
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