Analysis of Higher Education Efficiency in Serbia |
UDC: 336.531.2:378(497.11) DOI: 10.7595/management.fon.2013.0008
The goal of this paper is to analyze the effects of a new investment model with slightly increased investment in the higher education system of Serbia. The primary objectives of the modified investment model are to increase human capital, achieve economic growth and reduce unemployment. The efficiency of higher education will be expressed through the number of students whose education is funded by the founder of higher education institutions, i.e. the state. The results indicate that the higher education system of Serbia would be more efficient if the new investment model was introduced, i.e. excellent quality and state funded higher education would be available to more students, with a relatively small increase in budgetary investments. Keywords: operational efficiency, higher education, investment model, students
Jožef Kabok1 1Provincial Secretariat for Science and Technological Development, Novi Sad
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