Higher education as a determinant of the competitiveness and sustainable development of an economy

Abstract

The aim of this paper is to examine the interdependence between higher education on the one hand and the competitiveness of the economy and sustainable development on the other hand. To examine the mentioned interdependence, we used a sample that includes EU member states and candidate countries. The paper applies correlation and regression analysis of comparative data sections. The research findings indicate a strong correlation between higher education on the one hand and the competitiveness of the economy and sustainable development on the other. The results obtained by research can serve as a "global benchmark" of future public policy in the field of higher education.