IDEAS home Printed from https://ideas.repec.org/a/ura/ecregj/v1y2018i2p536-546.html
   My bibliography  Save this article

The Estimation of the Importance of Universities Performance Assessment for Stakeholders

Author

Listed:
  • Anna Tikhonova

    (Ural State University of Economics)

Abstract

The issue to assess the activity of universities by the various interested parties (stakeholders) is relevant. It is caused by the reforming processes of higher education regarding the transformation of institutions into entities of special type. These entities are able to meet the needs of labour market applying lifelong learning according to the requirements of enterprises to realize the intellectual potential in industries of the country. The research includes the analysis of the existing definitions of the term “education service†and criteria for universities performance assessment used in various ratings. I have conducted a survey, which is based on the collection of data from students, graduates, university entrants, industrial leaders and other potential employers as key stakeholders. The opinion of these stakeholders should be considered by universities when planning a strategy to improve their activity. I wondered whether preferences for characteristics of universities differ for the representatives of various groups of stakeholders or not. The research results have showed that preferences of both the representatives of business and the society, in general, have the same direction, though by a number of criteria they significantly differ. As a result of the analysis, I have developed a model for defining a programme of actions, which increase those performance indicators, which are significant for the main stakeholders of the education market. Therefore, the increase in universities performance finally will contribute to the socio-economic development of regions. The research results can be applied to eliminate a number of controversial issues concerning the requirement for universities to process a strategic potential to address major problems of innovative development of the country

Suggested Citation

  • Anna Tikhonova, 2018. "The Estimation of the Importance of Universities Performance Assessment for Stakeholders," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 536-546.
    • Handle: RePEc:ura:ecregj:v:1:y:2018:i:2:p:536-546
    as

    Download full text from publisher

    File URL: http://economyofregion.ru/Data/Issues/ER2018/June_2018/ERJune2018_536_546.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yevgeniy Animitsa & Yakova Silin, 2013. "Central Ural towards new industrialization," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 71-81.
    2. Yelena Avraamova & Dmitry Loginov, 2014. "Role of School Education in Development of Human Capital," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 53-62.
    3. Rey, Hélène & Gourinchas, Pierre-Olivier, 2013. "External Adjustment, Global Imbalances and Valuation Effects," CEPR Discussion Papers 9566, C.E.P.R. Discussion Papers.
    4. Vladimir Bochko, 2014. "Prospects of development of Midlle Ural in conditions of growing economic threats," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 43-53.
    5. Vyacheslav Bobkov & Alexander Litvinyuk & Svetlana Ledneva, 2016. "Requirements of Employers for Young Specialists and Issues of Their Training at the Educational Institutions: Regional Specificity of Moscow," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1102-1112.
    6. John Jerrim, 2015. "Do college students make better predictions of their future income than young adults in the labor force?," Education Economics, Taylor & Francis Journals, vol. 23(2), pages 162-179, April.
    7. John Jerrim, 2011. "Do UK Higher Education Students Overestimate Their Starting Salary?," Fiscal Studies, Institute for Fiscal Studies, vol. 32(4), pages 483-509, December.
    8. Breandán Ó hUallacháin & Timothy F. Leslie, 2007. "Rethinking the regional knowledge production function," Journal of Economic Geography, Oxford University Press, vol. 7(6), pages 737-752, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Koksharov, V. A. & Agarkov, G. A., 2015. "Analysis of Economic Motives in the Individual Choice of Educational Paths," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(1), pages 153-159.
    2. Daniil Sandler & Anastasia Sushchenko Anastasia Dmitrievna, 2016. "Economic Motivations for Master’s Students’ Choice of Educational, Scientific and Professional Trajectories," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 547-559.
    3. Sandler, D. G. & Sushchenko, A. D., 2016. "Economic Motivations for Master's Students' Choice of Educational, Scientific and Professional Trajectories," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(2), pages 236-244.
    4. Robert Nizhegorodtsev & Elena Piskun & Viktoria Kudrevich, 2017. "The Forecasting of Regional Social and Economic Development," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 38-48.
    5. Sam Jones & Ricardo Santos & Gimelgo Xirinda, 2020. "Misinformed, mismatched, or misled?: Explaining the gap between expected and realized graduate earnings in Mozambique," WIDER Working Paper Series wp-2020-47, World Institute for Development Economic Research (UNU-WIDER).
    6. Daisuke Ikeda & Toan Phan & Timothy Sablik, 2020. "Asset Bubbles and Global Imbalances," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 20, pages 1-4, January.
    7. Motoyama, Yasuyuki & Cao, Cong & Appelbaum, Richard, 2014. "Observing regional divergence of Chinese nanotechnology centers," Technological Forecasting and Social Change, Elsevier, vol. 81(C), pages 11-21.
    8. Evans, Martin D.D., 2014. "External balances, trade flows and financial conditions," Journal of International Money and Finance, Elsevier, vol. 48(PB), pages 271-290.
    9. Zsofia Barany & Nicolas Coeurdacier & Stéphane Guibaud, 2015. "Fertility, Longevity and International Capital Flows," Working Papers hal-01164462, HAL.
    10. Heathcote, Jonathan & Perri, Fabrizio, 2014. "Assessing International Efficiency," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 523-584, Elsevier.
    11. Cristian Barra & Nazzareno Ruggiero, 2022. "On the impact of knowledge and institutional spillovers on RIS efficiency. Evidence from Italian regional level," Growth and Change, Wiley Blackwell, vol. 53(2), pages 702-752, June.
    12. Stepan Zemtsov & Alexander Muradov & Imogen Wade & Vera Barinova, 2016. "Determinants of Regional Innovation in Russia: Are People or Capital More Important?," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(2), pages 29-42.
    13. Nicolas Coeurdacier & Stéphane Guibaud & Keyu Jin, 2015. "Credit Constraints and Growth in a Global Economy," American Economic Review, American Economic Association, vol. 105(9), pages 2838-2881, September.
    14. Juliana Bernhofer & Alessandro Fedele & Mirco Tonin, 2022. "Wage Expectations and Access to Healthcare Occupations: Evidence from an Information Experiment," BEMPS - Bozen Economics & Management Paper Series BEMPS95, Faculty of Economics and Management at the Free University of Bozen.
    15. Konrad Sobanski, 2015. "Valuation Effect As A Determinant Of The International Investment Position In Central And Eastern European Economies," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 10(3), pages 151-164, September.
    16. Kumhof, Michael & Sokol, Andrej & Rungcharoenkitkul, Phurichai, 2020. "How Does International Capital Flow?," CEPR Discussion Papers 15526, C.E.P.R. Discussion Papers.
    17. Kurek Bartosz & Górowski Ireneusz, 2020. "Gender and Age as Determinants of Expected Rate of Return on Human Capital," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 28(4), pages 30-50, December.
    18. Zsofia Barany & Nicolas Coeurdacier & Stéphane Guibaud, 2015. "Fertility, Longevity and International Capital Flows," SciencePo Working papers hal-01164462, HAL.
    19. Cezar, Rafael & Silvestrini, Maéva, 2021. "Impact of the ECB Quantitative Easing on the International Investment Position," International Economics, Elsevier, vol. 165(C), pages 241-263.
    20. Turrini, Alessandro & Zeugner, Stefan, 2019. "Benchmarks for net international investment positions," Journal of International Money and Finance, Elsevier, vol. 95(C), pages 149-164.

    More about this item

    Keywords

    higher education; universities; development of regions; intellectual base; human capital; education service; universities performance assessment of stakeholders; modernization of economy; management of universities;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ura:ecregj:v:1:y:2018:i:2:p:536-546. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Naydenov (email available below). General contact details of provider: http://www.economyofregion.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.