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Support for Evolution in the Knowledge-Based Economy:Demand for PhDs in Estonia

Author

Listed:
  • Jaan Masso

    (Senior Research Fellow,University of Tartu,Faculty of Economics and Business Administration)

  • Raul Eamets

    (Professor of Economics,University of Tartu,Faculty of Economics and Business Administration)

  • Jaanika Meriküll

    (Research Fellow,University of Tartu,Faculty of Economics and Business Administration)

  • Hanna Kanep

    (PhD student,University of Tartu,Faculty of Economics and Business Administration)

Abstract

The 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.

Suggested Citation

  • Jaan Masso & Raul Eamets & Jaanika Meriküll & Hanna Kanep, 2009. "Support for Evolution in the Knowledge-Based Economy:Demand for PhDs in Estonia," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 9(1), pages 5-30, July.
    • Handle: RePEc:bic:journl:v:9:y:2009:i:1:p:5-30
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    File URL: https://www.tandfonline.com/doi/epdf/10.1080/1406099X.2009.10840450
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    References listed on IDEAS

    as
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    Cited by:

    1. Herrera, Liliana & Nieto, Mariano, 2015. "The determinants of firms' PhD recruitment to undertake R&D activities," European Management Journal, Elsevier, vol. 33(2), pages 132-142.
    2. V. A. Gurtov & L. V. Shchegoleva, 2018. "Forecasting the Economic Need for Personnel with Higher Scientific Qualifications," Studies on Russian Economic Development, Springer, vol. 29(4), pages 415-422, July.

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    More about this item

    Keywords

    PhD; higher education; research and development; academic fields;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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