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Education & business management


  • Grigorescu, Adriana


Romania, as well as other countries from the East Europe, is crossing a transition period, due to the political changes from 90’s years. At the same time there are fundamental modifications in all socio-economic areas. One of the most important domains is the education sector, at all his levels but especially at the academic ones. The connections between the academic life and business environment could be considered as fundamental issue of the economic development, linkage of the national values to the Europeans, integration facilitator. From this point of view the education management has a very important role and it has to be related to the expectation of the business environment. To be able to offer the best product for on the labor market, the academic management has to be designed according with the business management principles. The business environment was forced to accept and implement the market economy fundamentals to survive under the new conditions. The orientation of the business to the European Union is shows by the trends of the exports and imports significant increased in the last years. New questions rise from the future evolution taking into account the enlargement of the European Union and the Romanian integration expected for 2007. In our opinion the educational and academic sector passed the first evolution step represented by the apparition and development of the private sector and the connection with the European and international similar institution. These tow direction open a new window for changing ideas and organize the education sector on new basis. The enlargement process of the European Union will make the education management face with new challenges. We consider that the cybernetic approach of the linkage between education management and business management could offer viable solution for both sectors and socio-economic development.

Suggested Citation

  • Grigorescu, Adriana, 2006. "Education & business management," MPRA Paper 25091, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:25091

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    References listed on IDEAS

    1. Docquier, Frederic & Rapoport, Hillel, 2004. "Skilled migration: the perspective of developing countries," Policy Research Working Paper Series 3382, The World Bank.
    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. William Carrington & Enrica Detragiache, 1998. "How Big is the Brain Drain?," IMF Working Papers 98/102, International Monetary Fund.
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    More about this item


    education; business; knowledge; management;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness


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