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University-Educated Specialists, the Demand for Them and Their Standing on the Czech Labour Market
[Terciárně vzdělaní odborníci a jejich potřeba na českém trhu práce]

Author

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  • Jana Vavrečková

Abstract

The paper deals with one of the biggest problems currently faced by the Czech labour market: namely, a shortage of labour with regard to specialists who have completed tertiary education. The introduction stresses the importance of knowledge capital both in contemporary society and in a knowledge-based economy. The need for university-educated labour on the Czech labour market was ascertained from the results of a Ministry of Labour and Social Affairs grant project entitled "Risk of a Brain Drain in the Czech Republic". The monitoring took place from the 2nd quarter of 2004 to the 2nd quarter of 2008. The results are based on an analysis of quantitative data (classified advertisements for job vacancies on web portals and in the media and statistics on vacancies provided by labour offices) and repeated qualitative surveys (standardised interviews with recruitment agency personnel). Based on these sources, a shortage of specialists with tertiary education in the Czech Republic was identified in terms of sectoral and professional structure and specialisation. The paper goes on to present university-educated workers as subjects of international competition and the reader is briefly introduced to the approaches of different countries to attracting specialists from abroad.

Suggested Citation

  • Jana Vavrečková, 2009. "University-Educated Specialists, the Demand for Them and Their Standing on the Czech Labour Market [Terciárně vzdělaní odborníci a jejich potřeba na českém trhu práce]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2009(5), pages 20-35.
    • Handle: RePEc:prg:jnlaop:v:2009:y:2009:i:5:id:281:p:20-35
    DOI: 10.18267/j.aop.281
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    References listed on IDEAS

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    1. Beate Henschel & Carsten Pohl, 2004. "The effects of demographic change on the labour market in Saxony – analyses and counter strategies," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 57(14), pages 05-14, July.
    2. Beine, Michel & Docquier, Frederic & Rapoport, Hillel, 2001. "Brain drain and economic growth: theory and evidence," Journal of Development Economics, Elsevier, vol. 64(1), pages 275-289, February.
    3. Schiff, Maurice, 2005. "Brain Gain: Claims about Its Size and Impact on Welfare and Growth Are Greatly Exaggerated," IZA Discussion Papers 1599, Institute of Labor Economics (IZA).
    4. Wolfgang Ochel, 2000. "Recruiting Highly Skilled Labour Abroad - the Practice of Other OECD Countries," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(08), pages 09-14, March.
    5. Stark, Oded, 2004. "Rethinking the Brain Drain," World Development, Elsevier, vol. 32(1), pages 15-22, January.
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    More about this item

    Keywords

    educational capital; specialists with tertiary education; labour market; demand for university-educated labour; development of demand for specialists; motivational immigration programmes for the highly qualified;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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