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…

Incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. We survey the literature that has used knowledge-based hierarchies to study issues such as the evolution of wage inequality, the growth and productivity of firms,…

This paper examines the impact of education on economic growth in Greece over the period 1960-2000 by applying the model introduced by Mankiw, Romer, and Weil. The findings of the empirical analysis reveal that education had a positive and statistically significant effect on economic growth in Greece over the period 1960-2000. The econometric…

In Less Developed Countries (LDCs), most graduates from higher institutions of learning are absorbed in the informal sector and/or micro and small enterprises. Knowledge development through training, research and experiential learning may lead to creating or discovering new knowledge/technology or creating new value, by applying…

Following continued search for reasons on the inability of African nations to realize appreciable economic development through education, the researcher investigated the influence of cultural environment on management in industry. Because input/output measures of productivity are not easily measured in education, the industry was used, hoping that…

"Investing in Kids: Early Childhood Programs and Local Economic Development," a 2011 book by Timothy Bartik, Senior Economist at the W.E. Upjohn Institute for Employment Research, provides a new evidence-based approach for effective economic development. This approach is designed to support business growth and job creation by improving…

This article assesses the network development and promotion of the learning region model in HEIs in the framework of the European Higher Education Area (EHEA), focusing on quality, partnership and social equality in the Hungarian context. It argues that the learning city-region model can be used and put into practice in many different ways for a…

The purpose of this study was to estimate the effects of investment in graduate and professional education on the subsequent growth in state workforce productivity. The independent variables of this study were investment in master's degree education, investment in doctoral degree education, investment in professional degree education, initial…

Formal education not only educates individuals, it reconstitutes the very foundations of society through a pervasive culture of education with a legitimate capacity to reconstruct work and its central components such as ideas about human productive abilities, new organisations and management, widespread professionalism and expertise, and the…

"Research Messages 2014" is a collection of summaries of research published by the National Centre for Vocational Education Research (NCVER) in 2014 in the context of changing economic, industrial, social and education conditions, organised under the following broad categories: (1) Productivity: to sustain and build Australia's human…

Innovation is the key to productivity growth and prosperity. Most empirical cross-country analysis of the determinants of innovation focus mainly on developed countries. The objective of this study is to fill this gap in the research and analyze the determinants of innovation in transition countries of Eastern Europe and the Former Soviet Union.…

Universities today are increasingly being viewed in terms of serving the purpose of economic development. This paper postulates that their chief purpose is to advance knowledge and that in doing so they effectuate regional economic growth and development through processes specified in the endogenous economic growth model. To achieve this purpose…

This examination of implications of African economic conditions for educational policy considers problems which arise in the attempt to relate economic circumstances to education. The first of three parts compares product levels of about 50 African countries with selected developed countries and a number of developing countries outside Africa,…

THE PARTICULAR CHARACTERISTICS OF EDUCATION AS AN ECONOMIC GOOD ARE EXAMINED. THE LITERATURE ON THE ECONOMIC VALUE OF EDUCATION, THE DIFFERENT APPROACHES TO EDUCATIONAL PLANNING, AND THE MATHEMATICAL MODELS PROPOSED FOR THIS PURPOSE ARE ANALYZED. THESE APPROACHES ARE SYNTHESIZED TO OBTAIN A COMPREHENSIVE ESTIMATE OF THE DEMAND FOR EDUCATION. THE…

To achieve the intergenerational social reproduction of labor, all societies develop suitable institutional arrangements for the delivery of "Education and Training for Work" (ETW). Three programs together constitute the bulk of ETW initiatives in almost every country on the globe: functional literacy (FL), workplace literacy (WPL), and technical…