UNDERSTANDING THE ECONOMIC PERSPECTIVE OF IMPACT OF HIGHER EDUCATION: REVIEW OF LITERATURE
Volume - 2 Issue - 12, Pages - 5802-5814
The contribution of higher education in long run is directly linked to economic growth, human capital development, factor productivity, and subsequently overall development of a country. In economic outlook, higher education is projected to foster productivity by concentrating on new knowledge and skills to the production practice. They are essential drivers of innovation and diffusion of technology. The changing face of production techniques, skill requirements and competitiveness has furthered the requisite for an improved higher education system. It has been acknowledged that the impact of higher education on earnings are positive. The present paper looks at the available literature on the role of higher education in economic growth, earnings, and technological capabilities as well as collaborations.
Cite this Article:
[Joshi, K.M. "UNDERSTANDING THE ECONOMIC PERSPECTIVE OF IMPACT OF HIGHER EDUCATION: REVIEW OF LITERATURE." Int. j. of Social Science and Economic Research, vol. 2, no. 12, Dec. 2017, pp. 5802-5814. Accessed Dec. 2017.]
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