Contents of Global Talent Evaluations: Baltics & Serbia

Abstract

The study discuss the reliability of global talent competitiveness (GTC) as framework of determinants based on multiple criteria assessment methodology presenting the comparisons of Baltic States and Serbia as a case study. The multiple criteria evaluation principles are focused on the interdependencies between knowledge components and with global talent determinants as well as other criterial systems used for the innovation strategies. The approach in a research under review and detailing of GTC criterial system when evaluating the talent potential determinants revealed some benefits of multicriteria decision making analysis. The GTC index is a useful instrument for rational global talent management when using the EU structural funds, intersectorial distributing of limited resources for more rational development of labour & vocational skills, for evaluating the innovation and talent growth determinants.

Keywords: global talent competitiveness; knowledge determinants; labour & vocational skills

JEL Classification: O34, O35, R11, O52