This dissertation consists of three chapters that contribute to the fields of macroeconomics, economic development, and entrepreneurship. In the first chapter, "Entrepreneurship Selection and Performance in the U.S. and Across Countries: The Role of Human Capital," I seek to establish a set of stylized facts related to entrepreneurship…

Purpose: This study examines whether education in developing countries directly impacts their foreign income from the top export sector. Design/methodology/approach: As most developing countries follow developed nations to shape their development, this study assumes developing countries as education-follower and developed countries as…

This research evaluates the role of urban universities in economic growth. The study employed inherently rich data from IPEDS to create a panel dataset aggregated at the county level for 1065 colleges and universities in the Middle Atlantic region of the US. Using linear regression analysis, this study found that increases in expenditure per…

This study aimed to evaluate the long-term dynamic effects of expenditures on higher education in OECD countries and the higher education enrollment rate on human capital and per capita income. The study was designed to achieve realistic results by evaluating both higher education expenditures and enrollment rates. It was determined that in…

Purpose: This study examined the economic and social impact of Malaysian universities on their communities from stakeholders' perspectives. It analysed whether university stakeholders' spending, human capital (HC) and knowledge exploration (KE) will impact aggregate income (AI), quality of life (QOL) and business growth (BG) in surrounding…

This article examines the long-run effect of higher education, measured in average years of tertiary schooling, on the level and growth rate of national per capita income. It uses an improved dataset on educational attainments which not only reduces measurement error but also overcomes data comparability issues and allows us to estimate the…

The outflow of college graduates will damage the accumulation of regional human capital and affect regional economic and social development. This article uses the administrative data of the employment monitoring system for college graduates in a province in central China in 2018 and establishes a multivariate logit model based on the Todaro model,…

Often the perspective of human capital is drawn with different colours: from its growing importance to the possibility of changing it with current technical and information management tools. This usually happens when analysing the human capital education and corporate problems in the context of companies and other activity-organising units. In…

Human capital theory and rate of return methodology have long been a dominant framework in comparative and international education and other fields. While there have been criticisms since its inception, it has been ubiquitous and widely accepted as an important mechanism for educational planning, evaluation, and policy making. In this article, I…

It is well-known that engineering is a key profession for both economic and social development. This is as true for China as it is for other countries which are in the process of development. However, what are the economic incentives for young people to enter the profession today? Currently, there are many studies of the rate of return to…

Based on a national scale survey data of 2013 and methods of statistical descriptive and econometric analysis, this paper has given an empirical analysis on the frequency, flowing direction, return and influential factors of college graduates' migration. Meanwhile gender comparison in migration has been analyzed. The empirical results are…

This article analyzes how Russia's networks of higher education institutions contribute to their host regions in terms of the following three major facets: the economic development; the human capital development; and the innovative development. To ensure the analytical framework used derives relevant and representative findings given the nature of…

This study investigates the effects of women's education and labor force ratio on the level of development in countries. We use a complete dataset covering 44 countries over the period 1990-2010. It comprises the following: education index, the ratio of girls to boys in primary and secondary education, income per capita, human development index,…

For more than 50 years, human capital theory has been the cornerstone for understanding the value of investing in individuals' productive capacities in terms of both personal social and economic gain and the collective benefits that accrue to society. Vedder and Denhart (2007) challenge the hypothesis that public investment in higher education…

In this article I analyze the class- and cultural-based exclusion produced by the Chilean neoliberal educational reform, carried out during the period from 1990 to 2010. This educational reform follows the same neoliberal model applied to the economy of the country. Although some indicators improved in relation to coverage and public spending in…