Investigating the Framework for Examining the Factors Influencing Vocational Education and Training (VET) as the Crucial Factor of Self-Employment and Entrepreneurship Development

Abstract

The main purpose of this study is to analyze the existing work of researchers in respect of effectiveness of vocational education and training (VET). Vocational education and training enhances human potentials and diversifies peoples’ choices in order to promote self-employment and entrepreneurship development. Most of the vocational education students contribute to entrepreneurship programs at some point during their vocational education path. In this study, the researcher has discussed the impact of Curriculum Revision and Vocational Entrepreneurship Education, Need Based Training, Interrelation with Industry, Employability, Assessment and Examination, Physical Resources and Trainee Selection on VET effectiveness. Human Capital Theory, which emphasizes the contribution of education and training to individual as well as organization productivity (Becker 1962), is related to the occupational structure of the labor market and the labor market institutions. Most of the researchers have linked vocational education and training with Human Capital Theory. So, it is necessary to study the existing work of researchers in context of vocational education and training so that VET effectiveness can be increased, which is considered as an important factor of development in any country.

Keywords

• vocational education and training
• entrepreneurship
• effectiveness of vocational education and training