Higher Education and Economic Development: A Review of the Literature
The widespread recognition that tertiary education is a major driver of economic competitiveness in an increasingly knowledge-driven global economy has made high-quality tertiary education more important than ever before in both industrialised and developing countries. This literature review of the relationship between higher education and economic development examines
- The relationship between higher education and economic growth.
- The implications of a shift in the debate the debate on the role of higher education in the ‘knowledge economy’.
- The relationship between higher education and regional development, including the role of universities in innovation.
- The role of universities and public research institutions as drivers of economic development.