Problemi Ekonomiki (Mar 2018)

The Trends of Financing and Commercialization in the System of Higher Education in Ireland

  • Kholiavko Nataliia I. ,
  • Kurochka Viktoriia O.

Journal volume & issue
Vol. 1, no. 35
pp. 22 – 27

Abstract

Read online

The aim of the article is to determine the current trends in financing the higher education system in Ireland and identify the applied basis for the commercialization of the results of university research. The processes of modernization of the higher education system in the Republic of Ireland are analyzed. The role of higher education and science in ensuring economic growth of the country is disclosed. It is determined that the key vector in the modernization of the Irish higher education system is the improvement of the quality of educational services. Particular attention is paid to studying the financial aspects of the development of higher education in Ireland. Taking into account the pan-European tendency to reduce the amount of financing from the state budget, the necessity of diversifying the sources of financing for activities of Irish universities is substantiated. Under conditions of information economy, there is a growing demand of the business sector for results of scientific research. The authors note the priority of intensifying the commercialization processes, transferring innovation developments and inventions of university scientists to the real sector of the national economy. Prospects for further research are studying the leading experience of countries of the world in the effective modernization of the system of higher education; identifying the best world practices for the commercialization of research results of higher education institutions; defining approaches to their adaptation and directions of effective implementation in Ukraine.

Keywords