Support for Evolution in the Knowledge-Based Economy:Demand for PhDs in Estonia
AbstractThe doctoral workforce globally constitutes a rather small segment of the labour market. However, PhDs provide crucial input for educational and R&D activities, traditionally through employment in academia, and nowadays increasingly in the public and private sectors. This paper aims to estimate the need for new PhDs in the Estonian academic, public, and private sectors for the period 2007-2012. Need in the academic and public sectors is estimated by a survey of employers (e.g. universities, research institutes, ministries); private sector need is derived from forecasted R&D expenditure in the business sector. Results show that expected demand for PhDs is significantly lower in the public and private sectors than in academia. Total demand over all three sectors is rather high, annually more than 10% of the number of PhDs, caused both by high replacement demand from upcoming retirements and by growth demand. The policy implication of our results is that planned increase in PhDs should correspond with other developments in educational and R&D policy.
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Bibliographic InfoArticle provided by Baltic International Centre for Economic Policy Studies in its journal Baltic Journal of Economics.
Volume (Year): 9 (2009)
Issue (Month): 1 (July)
PhD; higher education; research and development; academic fields;
Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- J4 - Labor and Demographic Economics - - Particular Labor Markets
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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