Una A Systematic Literature on K-Economy Readiness in Higher Education

Abstract

Objective: This paper aims to: (1) identify the factors that influence K-Economy readiness in higher education; (2) map the factors that influence K-Economy readiness based on the four pillars of K-Economy; and (3) analyze the implications of factors influencing K-Economy readiness for the role of higher education in the K-Economy era. By knowing the factors that influence K-Economy readiness, the results of this study can make a practical contribution to higher education in the world so that it can fully participate and be ready to compete in the K-Economy era. Methodology: This paper uses a systematic literature review to answer research questions, while the PRISMA technique is used to collect and screen Scopus and WoS articles from 2000 to 2022. Results: This paper finds nine factors influencing K-Economy readiness in higher education. The nine identified factors refer to the competencies needed in the K-Economy era. Discussion and conclusions: Strategic external partnerships with higher education must be done continuously in the future. Workers and employers continue to prioritize education as the nature of work has changed, and there is a need for those who work to continuously improve their skills. Higher education should emphasize exceeding student expectations by examining the demands of the target job market to fulfill those needs.

Keywords

• Economic transformation, human capital, pillars of knowledge economy