Domestic and international competition for STEM talent is driving institutions across the research and innovation landscape to consider new policies and partnerships for building and managing STEM knowledge and skills. New levels of investment in human capital to increase U.S. innovation capacity and competitiveness will require coordination and…

Even before the COVID-19 crisis, the United States was overdue for a transformation of its postsecondary education and workforce development systems to meet the vast skill and employment needs of today's workers and employers. The pandemic has exponentially increased this need for change, with millions of Americans permanently out of work and in…

Though there is an existence of writings on human capital and its relationship to growth, but it has missed the economic impact of universities. It is known that the knowledge of economy has a positive role in achieving economic development. So my paper focuses on the role of education expenditure in achieving economic development. The human…

The California Community Colleges, through the Economic and Workforce Development Program (EWD), is an incubator of educational and workforce development that collaborates with industry to develop and deliver cutting-edge career and technical education (CTE) skills training. Guiding the work taking place at the regional and state levels is the…

The California Community Colleges, through the Economic and Workforce Development Program (EWD), is an incubator of educational and workforce innovation that results in a growing economy for California. The system collaborates with industry to develop and deliver cutting-edge career and technical education (CTE) skills training so Californians can…

Recent media reporting and research suggest that regional comprehensive universities (RCUs) and other postsecondary institutions may play an integral role in the welfare of rural regions, yet empirical research on the regional service of rural postsecondary institutions is limited. The purpose of this study was to examine how a single RCU serves…

Between 2014 and 2016, California policymakers invested a half-billion dollars in the California Career Pathways Trust (CCPT). The initiative funded regional and local partnerships to establish career pathways designed to lead secondary school students to postsecondary degrees or certifications aligned with regional workforce needs. This brief…

Purpose: This paper aims to analyze the role of human capital (HC), human resource development (HRD) and vocational educational and training (VET) in the emerging Indian economy. How may we define the HC, HRD and VET in India? To what extent and how as HRD investments in India contributed to India's recent economic development? What were the…

New York's workforce system is a complicated entity that engages nearly a dozen state agencies and myriad funding streams originating at the federal and state levels, and operates on the ground in ten economic development regions, 33 designated workforce investment areas, community-based organizations, labor unions and 62 counties. This report…

Public colleges and universities, which educate the vast majority of the nation's students, are an important part of states' economic competitiveness efforts. These institutions face a number of pressures that will demand increased productivity and a data driven investment strategy moving forward. Increasing productivity in higher education will…

This paper reviews the perceptions of stakeholders on investment in higher education and economic development in south-west Nigeria. The study was based on the argument that despite the fact that Nigeria celebrates her wealth of human capital and boasts of her educated labour force, there is still widespread ignorance and poverty with no…

Two imperatives form the basis of the present paper. The first is the market-driven imperative, vital to production and value-chain development. The second is the knowledge imperative, central to the advancement of human capacity and institutional development. In view of these two imperatives, this paper argues for overhaul in extension toward a…

If education is a form of investment, how much does it contribute to economic growth compared with other forms of investment? The first approach to answering this question was the correlation approach. But although simple correlation studies show a relationship between education and economic progress, they do not prove cause and effect. The…

This document contains papers presented at a seminar to explore how the U.S. economy has created 30 million jobs since the early 1970s, while most European countries have barely managed to keep their labor force employed. The following papers are included: "Job Creation in the United States: Some Facts and Figures" (Sibille); "Unanswered…

This book is intended to provide a basic introduction to the economics of education for individuals with a minimal background in economics. The first half of the book deals primarily with theoretical aspects, such as the demand for education, rates of return to investment in education, and economic growth and education. The second half of the book…