Perspectives of increase of university education effectiveness: Use of private educational resources

Abstract

Purpose

The purpose of this paper is to determine the perspectives of increase of effectiveness of university education, related to the use of private educational resources.

Design/methodology/approach

In order to determine the dependence of effectiveness of university education on the use of private educational resources, this work uses the instrumentarium of economic analysis – in particular, the method of correlation analysis – for finding the value of the coefficient of correlation and regression analysis for compiling the model of paired linear regression. Using them, the authors determine the dependence of the quality of human resources in the country on the number of private organizations with their own educational resources and on the volume of private investments in education on the basis of the 2010-2014 data. In order to ensure comprehensiveness of research, it was conducted following the example of various countries – USA, India, France, Germany, and Russia.

Findings

The authors define the notion and determine the specifics of private educational resources, study their structure and sources, and substantiate the increase of effectiveness of university education as a result of the use of private educational resources with the help of economic and mathematical instrumentarium.

Practical implications

Practical significance of the research consists in the fact that proprietary conclusions, related to the use of private educational resources, are recommended for use in modern universities for increase of effectiveness of the system of university education.

Originality/value

The theoretical value of the conducted research is determined by its contribution to the development of the concept of human resources, through substantiation of necessity for use of new methods of their formation by means of use of private educational resources in the system of university education, as well as by its development of the concept of economic effectiveness, through determination of a new factor of effectiveness of university education – the use of private educational resources.

Citation

Tyurina, Y. and Troyanskaya, M. (2017), "Perspectives of increase of university education effectiveness: Use of private educational resources", International Journal of Educational Management, Vol. 31 No. 3, pp. 396-403. https://doi.org/10.1108/IJEM-02-2016-0026