Abstract

Education plays an essential role in the national economy and is responsible for the formation of qualified and competent human resources that will act in the labour market as a labour force. At the same time, in the conditions of rapid acceleration of socio-cultural and scientific-technical changes, the updating of knowledge and acquired competencies becomes compulsory today. Therefore, there is an unconditional connection between the sphere of socio-labour relations and the field of education. Despite this, today in Ukraine there is an imbalance between these areas, which are oversaturation of the labour market by some professionals (including economic and legal), and lack of others (including labour professions), labour migration, the dissatisfaction of employers with the level of knowledge of graduates, etc. It requires the modernization of the existing situation and the coordination at the state level of the areas of interaction between socio-labour relations and education sector. In this regard, this article is devoted to the justification of the impact of state regulation of education on the development of socio-labour relations in the national economy, which will be carried out by combining the method of principal components and logit modelling in the software STATA 11. To identify the integrated level characterizing the state of socio-labour relations in the national economy of Ukraine, numerous absolute and relative indicators were analyzed, including unemployment and employment levels, labour productivity, wage arrears and its average level, etc. The results obtained suggest an improvement in the socio-labour relations in Ukraine in recent years. Logit modelling allows confirming, as well as comprehensively and individually, the impact of macroeconomic, demographic, migration parameters, and a set of performance characteristics of the education sector on the level of harmonization and convergence of processes in labour markets and educational services. It helps to define the priorities of state intervention in the field of state regulation of education. The set calculations form the basis of further research of authors in the field of the specified problems.

Keywords: state regulation of education, socio-labour relations, national economy, labour market, binary logit modelling.

JEL Classification: I20, I28, J00.

Cite as: Vorontsova, A., Mayboroda, T., & Lieonov, H. (2020). Innovation management in education: impact on socio-labour relations in the national economy. Marketing and Management of Innovations, 3, 346-357. https://doi.org/10.21272/mmi.2020.3-25

This work is licensed under a Creative Commons Attribution 4.0 International License

References

1. Anatan, L. (2018). An institutional perspective of knowledge transfer within university and industry alliance. International Journal of Economic Policy in Emerging Economies, 11(4), 378-395. [Google Scholar] [CrossRef]
2. Banociova, A., & Martinkova, S. (2017). Active Labour Market Policies of Selected European Countries and Their Competitiveness. Journal of Competitiveness. 9(3), 5-21. [Google Scholar][CrossRef]
3. Baranovskyi, O. I. (2020). Regulation of functional and structural transformational processes in the financial sector. Financial and credit activity: problems of theory and practice, 1(32), 292-306.[Google Scholar] [CrossRef]
4. Baranovskyi, О. І. (2018). Quality of the transformational processes in the financial sector of the national economy: vectors of the measurement. Financial and credit activity: problems of theory and practice, 3(26), 350-367. [Google Scholar] [CrossRef]
5. Bardy, R., Rubens, A., & Eberle, P. (2017). Soft Skills and Job Opportunities of Migrants: Systemic Relationships in the Labour Market. Business Ethics and Leadership. 1(4), 5-21. [Google Scholar]
6. Bilan, Y., Sergi, B. S., & Simionescu, M. (2019). Migration expectations and geography of post-Soviet Ukraine. Oeconomia Copernicana, 10(4), 603-625. [Google Scholar] [CrossRef]
7. Bilan, Y., Simionescu, M., Mentel, G., & Rozsa, Z. (2019). The role of education, individual and economic factors in entrepreneurial initiatives: A microeconomic approach for the Czech Republic, Slovakia and Poland. E & M Ekonomie a Management, 22(4), 85-103. [Google Scholar] [CrossRef]
8. Boiarko, I. M. (2016). Praxeological and situational approaches in the formation of strategic accounting. Financial and credit activities: problems of theory and practice, 2(21), 80-90. [Google Scholar] [CrossRef]
9. Chocholata, M., & Furkova, A. (2018). The analysis of employment rates in the context of spatial connectivity of the EU regions. Equilibrium. Quarterly Journal of Economics and Economic Policy, 13(2), 181-213. [Google Scholar] [CrossRef]
10. Cyrek, M. (2017). Social efficiency of employment in three sectors—a comparison of Polish regions. Equilibrium. Quarterly Journal of Economics and Economic Policy, 12(3), 417-432. [Google Scholar] [CrossRef]
11. Dave. H. (2018a). Elementary investigation on Division of Labour. Part 1. Financial Markets. Institutions and Risks. 2(3), 87-103. [Google Scholar] [CrossRef]
12. Dave. H. (2018b). Elementary investigation on Division of Labour- Part 2. Financial Markets. Institutions and Risks. 2(4), 39-56. [Google Scholar] [CrossRef]
13. Dimian, G. C., Aceleanu, M. I., Ileanu, B. V., & Șerban, A. C. (2018). Unemployment and sectoral competitiveness in Southern European Union countries. Facts and policy implications. Journal of Business Economics and Management, 19(3), 474-499. [Google Scholar] [CrossRef]
14. Drobyazko, S., Alieksieienko, I., Kobets, M., Kiselyova, E., & Lohvynenko, M. (2019). Transnationalisation and segment security of the international labour market. Journal of Security & Sustainability Issues, 9(2). [Google Scholar] [CrossRef]
15. Dubrov. A.M. (1978). Processing of statistical data by the method of principal components. Moscow: Statistics. 
16. Fedulova, I., Voronkova, O. Y., Zhuravlev, P., Gerasimova, E., Glyzina, M., & Alekhina, N. (2019). Labour productivity and its role in the sustainable development of economy: on the example of a region. Entrepreneurship and Sustainability Issues, 7(2), 1059-1073. [Google Scholar] [CrossRef]
17. Gavurova, B., Belas, J., Kotaskova, A., & Cepel, M. (2018). Management of education concepts in the field of entrepreneurship of university students in the Czech Republic. Polish Journal of Management Studies, 17. [Google Scholar] [CrossRef]
18. Gedek, S., Misiak, T., & Mentei, G. (2017). Changes in gdp and the employment and unemployment in the European Union. Transformations in Business & Economics, 16. [Google Scholar]
19. Harmider, L., Taranenko, I., Honchar, L., Ovcharenko, O., & Dotsenko, G. (2019). Modelling of Labour Potential as a Factor of Influence on the Region Competitiveness. Montenegrin Journal of Economics, 15(2), 111-125. [Google Scholar] [CrossRef]
20. Harrington, E. C. (1965). The desirable function/EC Har rington. Industrial Quality Control, 21(10), 124-131.
21. Hrytsenko, L. L., Roienko, V., & Boiarko, I. M. (2018). Institutional background of the role of state in investment processes activation. Financial and credit activities: problems of theory and practice, 1(24), 338-344. [Google Scholar] [CrossRef]
22. Kleinschmidt, H. (2017). Labour Movements, Mainly in Eastern Europe. SocioEconomic Challenges, 1(3), 45-50. [Google Scholar]
23. Kuznyetsova A. Ya., Zherebylo I. V., Klipkova O. I., Kozmuk N. I. (2019). Creation of the value of national enterprises with the help of the innovation centers in the cluster formations. Financial and credit activities: problems of theory and practice, 2(29), 391-402. [Google Scholar] [CrossRef]
24. Kuznyetsova, A. Y., & Klishchuk, O. V. (2017). Theoretical conception of price stability targeting arrangement: investigation of basic principles of implementation monetary regime. Financial and credit activity: problems of theory and practice, 2(23), 388-396. [Google Scholar] [CrossRef]
25. Lialina, A. (2019). Labour market security in the light of external labour migration: new theoretical findings. Entrepreneurship and Sustainability Issues, 6(3), 1105-1125. [Google Scholar][CrossRef]
26. Matviychuk, A., & Ben, V. (2015). The use of logit and probit regressions to evaluate a borrower’s creditworthiness. Bulletin of the National Bank of Ukraine, 5, 37-41.
27. Mursa, G. C., Iacobuta, A. O., Socoliuc, O. R., Clipa, R. I., & Butiseaca, A. (2018). Youth unemployment among EU countries-a challenge for sustainable growth and social cohesion. Transformations in Business & Economics, 17. [Google Scholar]
28. Okuneviciute Neverauskiene, L., & Rakauskiene, O. G. (2018). Identification of employment increasing possibilities in the context of the EU socio-economic environment evaluation: The case of Lithuania. Economics and Sociology, 11(4), 51- 68. [CrossRef]
29. Palova, D., & Vejacka, M. (2018). Analysis of employment in the EU according to Europe 2020 strategy targets. Economics & Sociology, 11(3), 96-112. [Google Scholar] [CrossRef]
30. Panthamit, N. (2017). The unemployment impact of immigrant workers in Thailand. International Journal of Trade and Global Markets, 10(1),108-114.
31. Papp, I. C., Bilan, S., & Dajnoki, K. (2019). Globalization of the labour market–Circular migration in Hungary. Journal of International Studies, 12(2), 182-200. [Google Scholar] [CrossRef]
32. Pimonenko, T., & Lushyk, K. (2017). Green investing: EU experience for Ukraine. Bulletin of Sumy State University. Economy Ser, 3, 61-67. [Google Scholar] [CrossRef]
33. Pimonenko, T., Bilan, Y., Horák, J., Starchenko, L., & Gajda, W. (2020). Green Brand of Companies and Greenwashing under Sustainable Development Goals. Sustainability, 12(4), 1679. [Google Scholar] [CrossRef]
34. Poor, J., Juhasz, T., Machova, R., Bencsik, A., & Bilan, S. (2018). Knowledge management in human resource management: Foreign-owned subsidiaries’ practices in four CEE countries. Journal of International Studies, 11(3), 295-308. [CrossRef]
35. Pryima, S., Dayong, Y., Anishenko, O., Petrushenko, Y., & Vorontsova, A. (2018). Lifelong learning progress monitoring as a tool for local development management. Problems and perspectives in management, 16(3), 1-13. [Google Scholar]
36. Rayter, G., & Davlikanova, O. Introduction of Dual Education in Ukrainian Higher Educational Establishments and Approaches to Estimation of its Economic Benefits. Business Ethics and Leadership, 1(4), 93-101. [Google Scholar]
37. Remeikiene, R., & Gaspareniene, L. (2019). Assessment of the impact of emigration on the origin economy. Business: Theory and Practice, 20, 187. [Google Scholar] [CrossRef]
38. Rollnik-Sadowska, E., & Dąbrowska, E. (2018). Cluster analysis of effectiveness of labour market policy in the European Union. Oeconomia Copernicana, 9(1), 143-158. [Google Scholar][CrossRef]
39. Sasongko, G., & Huruta, A. D. (2019). The causality between inflation and unemployment: the Indonesian evidence. Business: Theory and Practice, 20, 1-10. [Google Scholar] [CrossRef]
40. Semykina, M. V. (2010). Labour productivity: measurement methodology. prerequisites for growth. Scientific papers of Kirovograd National Technical University. Economic sciences, 17, 457-463.
41. Sinaga, O., Lis, M., & Razimi, M. S. A. (2019). Education and core skills in the performance with mediating role of employee innovation. Polish Journal of Management Studies, 19. [Google Scholar] [CrossRef]
42. Tomashevich, V. N. (1999). Multidimensional Statistical Analysis in Economics. Moscow: UNITI-DANA.
43. Vasilyeva, T., Lyeonov, S., Adamickova, I., & Bagmet, K. (2018). Institutional quality of social sector: The essence and measurements. Economics & Sociology, 11(2), 248-262. [Google Scholar] [CrossRef]
44. Vasylieva, T., Lieonov, S., Petrushenko, Y., & Vorontsova, A. (2017). Investments in the system of lifelong education as an effective factor of socio-economic development. Financial and Credit Activity: Problems Of Theory And Practice, 2(23), 426-436. [CrossRef]
45. Vasylieva, T., Lyeonov, S., Lyulyov, O., & Kyrychenko, K. (2018). Macroeconomic stability and its impact on the economic growth of the country. Montenegrin Journal of Economics, 14(1), 159-170. [Google Scholar] [CrossRef]
46. Vidic, F. (2018). Entrepreneurial Orientation and Knowledge Creation and Their Impact on Company Performance. SocioEconomic Challenges, 2(3), 37-48. [Google Scholar]
47. Vovchak, O. D., Senyshch, P. M., & Melnyk, T. V. (2019). «Purging» of the banking system: impacton the key performance indicators of banks. Financial and credit activity: problems of theory and practice, 1(28), 16-25. [Google Scholar] [CrossRef]