Abstract
This paper is devoted to measuring the efficiency of the higher education of Bosnia and Herzegovina. The data envelopment analysis method was applied, considering the number of enrolled students, budget financing, co-financing, self-financing as inputs, and the number of graduated students according to the field of education as the output. Measuring the relative efficiency of main fields of the higher education system of Bosnia and Herzegovina, the authors found that the agriculture is the most efficient field of higher education in this country. However, the engineering, manufacturing technologies and construction field have the lowest efficiency score due to the high consumption of budget expenditures, but the lowest education results. The hypothesis of the growing efficiency of the higher education system of Bosnia and Herzegovina was not confirmed. The downward trend in the total number of publications indicates a twofold deterioration in the scientific efficiency of Bosnia and Herzegovina for the six-year period. Comparison with neighboring countries showed relatively low scientific efficiency of Bosnia and Herzegovina. The conclusion is that currently the higher education system in Bosnia and Herzegovina is relatively inefficient and its efficiency falls down.
Highlights
The development of education is a symbol of national strength and the level of economic and social development
The aim of this study is to measure the efficiency of higher education system in Republic of Srpska (RS) that is a part of Bosnia and Herzegovina (B&H), which primarily relates to the success of studying
Based on the rational approach in selecting and analyzing the structure of inputs and outputs, Further, to trace an efficiency trend, we examined with the aim of perceiving the success and deter- the scientific publication activity in RS for 7 years mining the efficiency of completing the studies, by types of research: fundamental, applied, and the authors decided to use the enrolled students developmental
Summary
The development of education is a symbol of national strength and the level of economic and social development. The objective of higher education consists in establishing adequate experts who are capable to transfer knowledge to the students, and to increase the general theoretical and professional levels. Investment in the education system is an investment in the future of mankind. The improving efficiency of higher education is a highly topical problem for society. Education differs from other sectors in that the idea of mandating is less defined and accepted and the means to achieve it is more fragmented due to the autonomous nature of institutions (A report by the Universities UK Efficiency and Modernisation Task, Group Universities UK, 2011). The development of excellent subject knowledge is important, but is not enough for an innovative society. In addition to raising academic achievement across all levels of education, innovations policies need to pay more attention to the skills young people acquire (Education Innovation and Research OECD, 2015)
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