Abstract

There appears to be a continuing and inconclusive debate amongst scholars whether theoretical knowledge or practical experience is more important in related and associated areas such as education, recruitment and employability. This research, limited to a literature review and face to face interviews, conducted a systematic investigation to obtain and analyze valid and reliable research data to establish whether theoretical knowledge or practical experience are of paramount importance. The outcome of this research suggests that a hybrid approach should be adopted, with the major focus being on practical experience supported by relevant theoretical knowledge and not the converse. A number of additional recommendations are presented how to balance and close the gap between theory and practice including a redesign of ordinary and advanced level educational teaching. Far greater emphasis needs to be placed on young people gaining early practical experience inside and outside the classroom. This can be achieved by developing practical workshops (pilot studies) for use in safe laboratory-type environments and by extending work placements within organizations during term times.

Highlights

  • 1.1 Introduction‘The only source of knowledge is experience’ (Albert Einstein).‘An investment in knowledge pays the best interest’ (Benjamin Franklin)The continuing gap between theoretical knowledge and practical experience in the areas of education, recruitment and employability of people has become a major concern for educational establishments, employers and the recruitment industry

  • This research, limited to a literature review and face to face interviews, conducted a systematic investigation to obtain and analyze valid and reliable research data to establish whether theoretical knowledge or practical experience are of paramount importance

  • What is the value of holding qualifications/certificates? What is the value of having practical experience? Discuss

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Summary

Introduction

1.1 Introduction‘The only source of knowledge is experience’ (Albert Einstein).‘An investment in knowledge pays the best interest’ (Benjamin Franklin)The continuing gap between theoretical knowledge and practical experience in the areas of education, recruitment and employability of people has become a major concern for educational establishments, employers and the recruitment industry. A survey conducted by Oxford Economics in the United Kingdom during 2014 reveals that the average true cost of replacing members of staff costs employers on average £31,000 This includes costs for loss of output whilst replacement staff ‘get up to speed’ and the logistical cost of recruiting and absorbing a new employee. This research has adopted the following interpretations of what is meant by Apprenticeship, Qualifications and Examination in the context of this research: Apprenticeship: is a way of gaining the skills, knowledge and experience people need to get into many careers. This includes work, training and study (www.ucas.com)

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