The dominant view today is of a global knowledge-based economy, driven by the application of new technologies, accelerating the shift to high-skilled, high-waged European economies. This view is reflected in the expansion of higher education and the key role of higher education in national and European economic policy. The Lisbon agenda seeks to…

Globalization is putting increasing pressure on jobs in the United Kingdom, particularly among less skilled activities. The European response through the Lisbon Strategy has been diffuse, while UK policy appears much more focused, concentrating on the need to raise education and skill levels. The present paper examines the transition towards a…

This paper estimates models of the evolution of cognitive and noncognitive skills and explores the role of family environments in shaping these skills at different stages of the life cycle of the child. Central to this analysis is identification of the technology of skill formation. We estimate a dynamic factor model to solve the problem of…

Using NLSY data, we examine the long-term effects of youth unemployment on later labor market outcomes. Involuntary unemployment may yield suboptimal investments in human capital in the short run. A theoretical model of dynamic human capital investment predicts a rational "catch-up" response. Using semiparametric techniques to control for the…

This article adapts a modification of Tamura's theoretical proposition and conducts a cross-country empirical investigation in an attempt to evaluate convergence on two different human capital proxies; namely enrollment rates and per capita researchers. The analysis considers three country groups at significantly different development levels:…

Recent economic and technological developments have led to a growing international demand for highly skilled human resources. The increased competition for human capital has determined numerous OECD countries to take special measures for attracting and retaining human capital in such fields as: information technology, biotechnology,…

Integrating three theoretical explanations for declining rates of marriage in Japan, the authors develop hypotheses in which linkages between benefits of coresidence with parents and marriage timing are moderated by women's own socioeconomic characteristics. To evaluate these hypothesized interactive relationships, data from a panel survey of…

In this essay, Alexander Sidorkin offers a conceptual critique of the human capital theory that makes erroneous assumptions about the nature of student work and the private cost of schooling. Specifically, human capital theorists underestimate the private cost of schooling by taking low-level manual labor as the basis for estimating students'…

Purpose: The paper seeks to develop a business model that shows the impact of operational knowledge assets on intellectual capital (IC) components and business performance and use the model to show how knowledge assets can be prioritized in driving resource allocation decisions. Design/methodology/approach: Quantitative data were collected from 84…

A strategically essential area for Russia's economy in the transition to market relations and the unequal development of the sectorial structure is the development of the sphere of production, which is now in a state of instability. The forecasted decline of manpower resources, the aging of blue-collar cadres, and the slump in the number of those…

To an unprecedented degree, this is the era of educational entrepreneurship. Unconventional thinkers have waded into the world of K-12 education, founded influential organizations, and upended conventions. They have developed new models for delivering instruction or recruiting teachers and have applied old-fashioned practices with inspired…

Here we examine New Labour's education policy concerning social justice and the organisation of educational provision with reference to social capital as policy vocabulary. The central focus is on policy discourses and practices in relation to networking between schools and other partners. We identify three policy phases for reducing inequalities…

In the midst of the global recession, how have national governments viewed the role of higher education in their evolving strategies for economic recovery? Demand for higher education generally goes up during economic downturns. Which nations have proactively protected funding for their universities and colleges to help maintain access, to help…

This report provides the recommendations made by the Association of Canadian Community Colleges (ACCC) to the Standing Senate Committee on Social Affairs, Science and Technology based from its examination on the accessibility of post-secondary education in Canada. Aligned with the needs of employers, and operating on the leading edge of advanced…

This report focuses on the 15 states of the West (Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming), their ability to educate minorities, and the resulting impact on their workforces and economies. The foundation of the Western U.S. economy rests on…