Restructuring of the Brazilian Private Higher Education Sector through the Entry of Foreign Investment

Piurcosky, Fabrício Pelloso; Calegário, Cristina Lélis Leal; Carvalho, Francisval Melo; Pinto, Agostinho Sousa; Frogeri, Rodrigo Franklin; Guedes, Luiz Carlos Vieira; Oliveira, Felipe Flausino de; Júnior, Pedro dos Santos Portugal

doi:10.1007/978-981-16-9701-2_41

Cited by 1 publication

(2 citation statements)

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“…We also proved that financial support of universities and the effectiveness of their management are the highest not in the case of Piurcosky et al, 2022) and not in the case of preferential public financing of universities' activities (unlike Ojha et al, 2022;Pan et al, 2022;Villela and Paredes, 2022) but in the case of public-private partnership, which ensures joint financing and control over the activities of universities by the government and by the public investors. This paper is a part of the chain of productive scientific research on the social and investment model of economic growth; it strengthens the evidence base of Arslantas andGul (2022), Gómez-Poyato et al (2022) and Spada et al (2022) with proofs of the key role of universities in the training of digital personnel based on public-private partnership.…”

Section: Discussionmentioning

confidence: 65%

“…Results obtained in similar studies show that the development of higher education in the social and investment model of economic growth is determined by the quality of vocational training (Olmedo-Moreno et al, 2021;Vanderburg et al, 2022) and ease of finding skilled employees (Halili et al, 2022;Maddah et al, 2023) (quantitative accessibility of skilled employees). Patrinos et al (2021) and Piurcosky et al (2022) indicate that the largest contribution to the development of higher education in the social and investment model of economic growth is made by private investments in universities. Contrary to them, Ojha et al (2022), Pan et al (2022) and Villela and Paredes (2022) note that public financing of universities makes the largest contribution to the development of higher education in the social and investment model of economic growth.…”

Section: Literature Reviewmentioning

confidence: 99%

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Public-private partnership as a mechanism of education management in the structure of the social and investment model of economic growth

et al. 2023

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The goal of this research was to find the influence of each mechanism of financial management of education—in the structure of the social and investment model of economic growth—on the results in the sphere of its development: quality, quantitative accessibility, and development of digital skills with students. The study’s methodological approach involved the economic and mathematical modelling of (with the help of regression analysis) of the contribution of alternative investment mechanisms to the development of digital skills of the economically active population. We compared the contribution of isolated public and private investments to public-private partnership and proved its preference. We determined the place of the mechanism of education management based on public-private partnership in the structure of the social and investment model of economic growth. It was determined that the only manifestation of higher education’s development, which largely depends on financial support, is digital skills among the active population. The connection between digital skills among the active population and investments in higher education by the terms of public-private partnership is clear (regression—0.47 points). An increase in the share of public-private partnership in the structure of financing of the development of higher education by up to 90% allows increasing digital skills among the active population from 61.49 points to 94.54 points—i.e., by 53.75%. Therefore, practical implementation of the social and investment model of economic growth should envisage financing of the development of higher education based on the mechanism of public-private partnership. It was proved that public-private partnership is a perspective mechanism of education management, which has an important role in the structure of the social and investment model of economic growth.

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