Abstract
As China's industrial economy transitions towards high-quality development, the demand for highly skilled technical personnel has surged. The modern apprenticeship system, an important mechanism for deepening collaboration between educational institutions and enterprises, has been widely promoted within vocational colleges. However, nearly a decade into its implementation, this system faces challenges such as insufficient engagement from enterprises, loose relationships between schools and businesses, and a lack of assessment and feedback mechanisms. These issues have led to suboptimal outcomes in talent development. This paper innovatively applies principal-agent theory to expose conflicts in value demands, adverse selection, and moral hazards within the multifaceted principal-agent relationships among vocational colleges, enterprises, and the government. It proposes governance strategies that involve multi-stakeholder participation in policy-making, the establishment of qualification entry systems for cooperative enterprises, and the improvement of supervision and incentive mechanisms. These strategies aim to resolve conflicts and enhance cooperation efficiency, thereby providing robust support for the effective implementation of the modern apprenticeship system in vocational colleges.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
