Failure of Higher Education to Promote Knowledge Development in Portugal: A Critiquing
The IUP Journal of Knowledge Management, Vol. XVIII, No. 1, January 2020, pp. 45-57
Posted: 25 Mar 2021
Date Written: March 4, 2019
This paper focuses on one of the main obstacles to knowledge development in Portugal, i.e., the low percentage of higher education graduates even among the youngest population. Although various studies have been considering this subject, there is still insufficient awareness of the factors behind the individual decisions of not pursuing higher education. Due to the most recent surveys carried out by the Portuguese Ministry for Education, it is now possible to overcome that limitation and develop a more in-depth analysis as done in this paper. The paper begins by discussing the characteristics of higher education knowledge and its contribution to sustainable development, and then evidences some of the most important consequences of its scarcity in the Portuguese economy and society. A brief review of the literature is presented to critically assess some economic-based theories and justify the need to convoke a more widespread field of scientific domains. The data and statistical methodology are then explained as well as the main statistical tests. The results show evidence of a new behavior: the will to earn earlier one’s own money stands now as the leading determinant of not pursuing higher education.
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