Labor Training Research Articles

FDI and product and process innovation of SMEs in Vietnam: The role of institutions

AbstractConceptually, institutional arrangements in the host economy are likely to moderate the effect of inward FDI on domestic firms' product and process innovation, which is however not well explored empirically. Filling the gap, this research investigates how such FDI impacts are contingent upon local institutional arrangements, using survey data of 2690 manufacturing SMEs in Vietnam in 2011, 2013 and 2015. We find that institutional quality exerts positive moderating effects on FDI spillovers. That is, higher institutional quality leads to a higher marginal effect of FDI presence on the innovation performance of domestic SMEs. The moderating effects are stronger for developed‐country FDI than for developing‐country FDI. We also distinguish different institutional components and find that seven out of nine institutional sub‐indices have significant moderating effects, of which the control of corruption is the most important factor in promoting FDI spillovers, whilst the effects of business support and labour training policies are negligible.

Policy design for renewable energy development based on government support: A system dynamics model

Energy's centrality to life, work, and progress underscores its indispensable role in modern society. However, burgeoning energy consumption and finite resources have prompted concerns regarding resource sustainability. Consequently, renewable energy sources have gained prominence as alternatives, integral to societal advancement. Therefore, with the increase in the price of fossil fuels and its limitations and the attention to renewable energies, in this research, we decided to study the implementation processes of the development of this type of energy about possible future scenarios and possible implementation policies at the time of each scenario. Let's pay Considering the dynamic complexities of this issue over time and the involvement of government sectors in policy discussions and private sectors in the implementation and participation of these two groups simultaneously, using dynamic system modeling to design a dynamic model that economic aspects, technical, political and environmental aspects should be evaluated simultaneously in a causal-disability manner. To implement this model, two scenarios of government support and non-support for this industry were taken into consideration, and in each scenario two policies of workforce training and technology import for the use of private sector managers and in the best scenario two policies of tax exemption and reduction of technology import tariff for Government decision-making was reviewed. The results showed that when this industry enjoys government support, the speed of development of renewable energy projects can be greatly increased by importing equipment. Without governmental backing, expedited progress is achievable through skilled labor training and employment. Tax exemptions are the most effective policy tool for stimulating renewable energy project processes, production, and sales. The findings underscore the pivotal role of strategic governmental intervention in facilitating renewable energy development, which is essential for meeting energy demands while mitigating environmental impact.

Information and Communication Theories in the Face of the Risks of 1948 to 2024

The objective of the present study was to review the literature with respect to information and communication theory. An exploratory and retrospective documentary study was conducted with a sample of sources indexed in indexed repositories. The results show the prevalence of five reactive dimensions to information, communication, opinion, meme and networks. In relation to the state of the art which highlights the importance of disaster risk communication, this paper highlights the importance of the literature review in order to model the relationships between the hegemonic categories. This paper highlights the importance of professional, academic and labor training based on the review of theories in the period from 1948 to 2024.

Communication, Training, and Debriefing After Stillbirth in U.S. Hospitals: A National Survey.

Background: Stillbirth is a devastating event for families as well as hospital staff. Hospital practices around internal and external staff communication, debriefing, and training are unknown. Methods: We systematically sampled U.S. hospitals that provide obstetrical care. Staff knowledgeable of bereavement care on labor and delivery were invited to participate in an anonymous survey linked to hospital descriptors. We evaluated stillbirth communication, debriefing, and training for staff. Results: We received 289 usable surveys from 429 eligible staff (67% response). Most (94%) noted hospitals' marked rooms housing bereaved families, but only a third (37%) reported a marker on the paper or electronic medical record. Half of the hospitals had no standard debriefings post-loss, and 38% reported no perinatal loss training for labor and delivery nurses. Conclusions: Hospitals have significant variations and gaps in staff communication, support, and training, which are key aspects of respectful stillbirth care.

Investigation of Conceptual Supply Chain Design Process of Sustainable Shisha Briquette Production System

Abstract Coconut charcoal briquette products have considerable export market potential in foreign countries. One of the product variants of coconut shell briquettes is shisha briquettes. This research aims to investigate the conceptual design of a sustainable supply chain by identifying key stakeholders and understanding the role of each stakeholder and the underlying processes that affect sustainability. The initial step of this research is to conduct an entity system requirements analysis using a use-case diagram to identify key stakeholders. The next step is to identify critical processes using BPMN 2.0 in accordance with established sustainability requirements. Based on the results of the requirements analysis through the entity system and use case diagram, five stakeholders were identified: industry, coconut shell farmers, end consumers, training institutions, and sustainability assessment institutions. According to the results of the business model analysis using BPMN 2.0 with the Indonesian Bioenergy Sustainability Indicator (IBSI), there are three main activities in the raw material procurement process: the selection of coconut shell farmers, facilities owned by farmers, and farmer skills training. Meanwhile, in terms of the production system, there are three main activities, namely production planning, production implementation, and labor training.

METHODS OF DESIGNING EMBROIDERED PRODUCTS IN THE PROCESS OF TECHNOLOGICAL EDUCATION OF STUDENTS

The article shows the popularity trend of folk art items as an expression of national and cultural heritage in modern society. It was established that the process of designing products of applied art contributes to the development of aesthetic perception, creative abilities, and artistic taste of students; attention is focused on the practicality of teaching schoolchildren to create decorative and useful products; the need for the technology teacher's readiness to implement this component in the process of training students has been proven; the use of educational material on design and production of embroidered decorative and applied arts in technology lessons was analyzed. The purpose of the article is to highlight the methodology of designing embroidered products in the process of design and technological activity of students in the lessons of labor training and technology. The article uses such research methods as the analysis of scientific publications, textbooks and manuals, methodical materials, programs, and normative materials regarding the issues of the methodology of teaching embroidery to students in the process of technological education. The article substantiates that teaching students to design and produce embroidered products can be an exciting and creative process that requires a certain methodology and includes all stages of students' design and technological activities in technological education. The effectiveness of the design of embroidered products in institutions of general secondary education is determined by the consistency and thoroughness of processing each stage of design and technological activity. Success in teaching students how to design embroidered products depends on a comprehensive approach that combines an individual approach to each student, teacher support, and the creation of a stimulating learning environment.

Training of future primary school and computer science teachers in the structure of information systems

The active renewal of teacher education is driven by the contradiction between the need for new specialists and the lack of a clear strategy for modernising the educational process. The purpose of this study was to highlight all aspects of the process of training future primary school and computer science teachers to implement digital systems in conjunction with pedagogical conditions. The study employed such research methods as comparison, synthesis, observation, analysis, and abstraction. The key findings suggest that Ukraine is undergoing educational reforms aimed at updating the content and improving teaching and learning methods. The study covered the objectives, content, methods, forms, means of teaching the discipline “Computer Science (Structure and Main Components of Information Systems)” studied by future primary school and computer science teachers who undergo their professional training in the educational programmes 013 “Primary Education and Computer Science”, 014 “Secondary Education (Labour Training and Technologies. Computer Science)” at Oleksandr Dovzhenko Hlukhiv National Pedagogical University. The study analysed the latest publications on the subject matter of the study. Based on the analysis of the possibilities and concrete potentials of using information technologies, the expediency of their introduction into personal and professional development of future primary school specialists was determined, the principal conditions for their use and for the developed teacher in the educational information system were highlighted. The study highlighted the content of classes aimed at developing information and communication skills and other key competences of future primary school and computer science teachers in studying the subject “Computer Science (Structure and main components of information systems)”. The conclusions of this study state that the methodological recommendations for the organisation of practical classes in the course provide pedagogical support to teachers and contribute to the creation of a favourable learning and cognitive atmosphere during training. The practical significance of this study is to build a qualitative model that aims to improve the training future primary school and computer science teachers to implement digital systems in conjunction with pedagogical conditions

Technology Transfer from China to Kenya for Transport Infrastructure: The Case of International Trunk Roads

Literature on technology transfer to Africa is dominated by studies on agribusiness, military technology, information and communication technology, energy, climate change, health, and manufacturing, while it is scanty on others like transport infrastructure. In this article, we reviewed literature and carried out key informant interviews to collect data on technology transfer for Chinese-built roads in Kenya. Our objective was to examine the extent of technology transfer from Chinese multinational corporations to Kenyan institutions and organizations. We established that there was little technology transfer mostly because of Kenya’s internal obstacles such as inadequate absorptive capacity, weak competition culture, and weak legal and institutional frameworks on technology transfer. Multinational corporations transferred technology primarily to fulfil their commercial objectives and to meet the domestic labour training requirements. The technology transferred was not sufficient to simulate innovation and technology development in Kenya. We recommend reviewing Kenya’s legal and institutional frameworks on international technology transfer in order to improve the participation in and enforcement of technology transfer by government institutions.

PROJECT METHOD AS A PROVISIONAL CONCEPT OF TECHNOLOGICAL IMPROVEMENT IN STUDENTS OF A NEW UKRAINIAN SCHOOL

The article reveals the possibilities of the project method as a pedagogical technology for the modernization of the content of labor education of secondary school students. The main stages of the implementation of the project method in the content of labor training have been studied, the methodological features of the organization of students’ educational activities in the conditions of the knowledge paradigm and the relevant standards of education have been characterized.Person-oriented, activity approach, competence training, formation of subject competence ‒ these and other issues of modernization of the educational process through the organization of project activities of schoolchildren have, over the past decades, become the subject of attention of a large number of scientists.Traditionally, on-the-job training is aimed only at the formation of technical and technological knowledge and skills in students, which are inherent in the main types of production activities and industry as a whole. Instead, in the conditions of project activities, students not only study technical and technological processes, but also perform activities of a creative nature, which takes into account the individual characteristics and abilities of schoolchildren. So, in particular, the project method allows to develop competences and inherent cross-cutting skills (soft skills), to take into account the individual abilities of students as much as possible, to construct the educational process independently or with the help of a teacher, which lays the foundations of an activity approach in education.The article defines the main features that appear in the work of a teacher of labor education during the organization of project activities of schoolchildren in the New Ukrainian School. It is substantiated that the method of projects in the students’ study of technologies allows the implementation of the basic concepts of the New Ukrainian School: the development of competences, cross-cutting skills, develops research competence.

ПЕРСОНІФІКОВАНИЙ ПІДХІД ДО ВИВЧЕННЯ ПРОБЛЕМИ ОСВІТНЬО-ПЕДАГОГІЧНОГО ПРОГНОЗУВАННЯ В УКРАЇНСЬКІЙ СОЦІАЛІСТИЧНІЙ РАДЯНСЬКІЙ РЕСПУБЛІЦІ (1930 – 1940 рр.)

The article highlights a personalized approach to the study of the problem of educational and pedagogical prognostication in the Ukrainian Soviet Socialist Republic of the period 1930 – 1940. The author emphasizes that the analysis of the theory and practice of education and upbringing in the conditions of various socio-economic formations from the point of view of a personalized approach contributes to the deepening and expansion of the worldview, provides full information about important concepts and education systems of the past. In the context of the research problem, the author singles out the experience of the following educators S. Kh. Chavdarov, S. A. Lytvynov, P. P. Blonskyi, Ya. A. Mamontov, O. S. Zaluzhnyi, S. A. Ananin. S. Kh. Chavdarov developed the general questions of the methodology of teaching the Ukrainian language, the methodology of teaching phonetics and grammar, the teaching of spelling, punctuation, and the methodology of students' speech development in Ukrainian language lessons. The study of the theoretical heritage of the scientist-educator S. A. Lytvynov allows us to understand the past experience from the standpoint of modernity, to reveal its place in the general gradual process of development of domestic pedagogical science. The basic pedagogical principles of mass incomplete secondary education on the basis of polytechnicism and the connection of education with labour as factors of social development of the individual were formulated by P. P. Blonskyi. The educator Ya. A. Mamontov gave special importance to the problems of aesthetic education, the goal of which he believed was the development of a person's aesthetic perception of the world. Ukrainian educator, reflexologist, pedologist O. S. Zaluzhnyi mainly researched children's teams, issues of children's interests, school success, labour training in children's groups. Ukrainian educator and psychologist S. A. Ananin gave the main place to labour education, considering it an important factor in the country's economic development and an effective means of forming a person.

Методологические подходы к исследованию генезиса системы технологического / трудового образования школьников в ХХ веке

The relevance of the research of methodological approaches to the study of the genesis of the technology / labor education system of schoolchildren in the twentieth century is due to the need to improve the scientific apparatus of historical and pedagogical research, the complexity of which lies in its dualism (a combination of elements of scientific research in the fields of pedagogy and history). Currently, one of the most popular areas of education is technology education. Its meaning has been updated in the light of the new requirements set for high school graduates, who must have not only the ability to transform materials (information), but be ready for sustainable self-development under the conditions of the changing technogenic environment. In this regard, the study of technology / labor training of schoolchildren in the twentieth century is of particular importance, and especially in the period of the USSR (as it was a state in which the person of labor was the meaning-forming factor of the state system). However, this study should be based on a reasonable selection of methodological approaches that will contribute to not only a comprehensive study but valid conclusions. The objective of the study is to identify and give theoretical ground for the set of methodological approaches that contribute to a comprehensive study of the genesis of the technology / labor education system of schoolchildren in the twentieth century. Hypothetically, the identified methodological foundations enable to conduct a multi-vector study of the genesis of the technology / labor education system of schoolchildren in the twentieth century; it is possible to improve the process of technology education of schoolchildren at the present stage using this scientific basis. Methods (tools): theoretical analysis of historical and pedagogical studies and normative legal acts, analysis of the results of the study of the selected historical period. Main results: the study has expanded the scientific ideas about the epistemological possibilities of culturological, axiological, systemic, historical approaches to the genesis of the technology / labor education system of schoolchildren. The author presents her vision on the technology / labor education system of schoolchildren as a pedagogical phenomenon. Conclusions: the set of methodological approaches that was identified and theoretically justified in this research enables to conduct a comprehensive study of the genesis of the technology / labor education system of schoolchildren in the twentieth century. Practical significance. The research results can be useful in developing a modern concept of the system of technology education, as well as in updating the content of technology education.

Chemical experiment using while forming chemical knowledge in the process of future teachers of labor training preparation

Мета статті полягає в обґрунтуванні використання хімічного експерименту при формуванні хімічних знань у майбутніх учителів трудового навчання та технологій під час вивчення навчальної дисципліни «Хімія (за професійним спрямуванням)», адже хімічний експеримент є ефективним методом і засобом формування усвідомлених знань та практичних умінь, сприяє розвитку інтересу і мотивації студентів до вивчення хімії, як непрофільної дисципліни.Використано загальнонаукові (теоретичні та емпіричні) методи: аналіз методичної та педагогічної літератури, системно-структурний аналіз для встановлення міжпредметних зв’язків, виділення хімічної складової професійної підготовки майбутніх учителів трудового навчання та технологій.У ході виконання дослідження проведено порівняльний аналіз різних видів хімічного експерименту та визначено його основні завдання в навчально- виховному процесі. Провідними дидактичними принципами побудови змісту хімічного експерименту є професійне спрямування та інтегрування із фаховими дисциплінами. З метою реалізації професійно орієнтованого навчання хімії майбутніх учителів трудового навчання та технологій застосовували хімічний експеримент під час проведення лекційних та лабораторних занять. Встановлено, що лекційний хімічний експеримент виступає важливим чинником формування позитивної мотивації в студентів до вивчення хімії та підвищує їх когнітивний рівень, а хімічний експеримент, який включався до лабораторних занять, забезпечує експериментальне підтвердження сутності теоретичних положень, встановлення властивостей речовин, їх кількісну та якісну характеристику.Для забезпечення дидактичних цілей хімічного експерименту, який демонструє хімічні властивості та одержання речовин, що вивчаються, запропоновано використання професійно орієнтованих завдань, що були розроблені в результаті узгодження змісту і структури навчальної дисципліни «Хімія (за професійним спрямуванням)» з дисциплінами циклу професійної та практичної підготовки.

Outcomes of the MAMA Training: A Simulation and Experiential Learning Intervention for Labor and Delivery Providers to Improve Respectful Maternity Care for Women Living with HIV in Tanzania.

Respectful maternity care (RMC) for women living with HIV (WLHIV) improves birth outcomes and may influence women's long-term commitment to HIV care. In this study, we evaluated the MAMA training, a team-based simulation training for labor and delivery (L&D) providers to improve RMC and reduce stigma in caring for WLHIV. The study was conducted in six clinical sites in the Kilimanjaro Region of Tanzania. 60 L&D providers participated in the MAMA training, which included a two-and-a-half-day workshop followed by a half-day on-site refresher. We assessed the impact of the MAMA training using a pre-post quasi-experimental design. To assess provider impacts, participants completed assessments at baseline and post-intervention periods, measuring RMC practices, HIV stigma, and self-efficacy to provide care. To evaluate patient impacts, we enrolled birthing women at the study facilities in the pre- (n = 229) and post- (n = 214) intervention periods and assessed self-reported RMC and perceptions of provider HIV stigma. We also collected facility-level data on the proportion of patients who gave birth by cesarean section, disaggregated by HIV status. The intervention had a positive impact on all provider outcomes; providers reported using more RMC practices, lower levels of HIV stigma, and greater self-efficacy to provide care for WLHIV. We did not observe differences in self-reported patient outcomes. In facility-level data, we observed a trend in reduction in cesarean section rates for WLHIV (33.0% vs. 24.1%, p = 0.14). The findings suggest that the MAMA training may improve providers' attitudes and practices in caring for WLHIV giving birth and should be considered for scale-up.

Development of a New Strategic Framework for Improving the Productivity Benchmarking Practices in Road Project Operations

Primarily, this study highlights the knowledge gaps in the field for implementing systematic techniques to benchmark and improve productivity levels of critical construction activities in road projects. Accordingly, the study aims to develop a new strategic framework that can enhance the benchmarking practices related to the assessment of labour productivity compared to labour performance with the use of potential apprenticeship tools and systems in road construction operations. A series of literature reviews and expert consultations were conducted to build a new framework with the collection of potential models/tools/systems related to labour training, performance evaluation and productivity measures. The mechanism associated with the developed framework was systematically executed in nine road construction projects in Sri Lanka. The findings show the precise patterns of significant changes in labour productivity and performance index values, which have inspired new approaches in the planning procedures for construction projects. The results assure that proposed mechanisms can be applied with reliable, generalisable and sustainable aspects in their use. The study offers a fresh road map with constructive approaches for project managers, planners and engineers to raise the bar for benchmarking labour productivity and performance levels across a wide range of tasks. The results of the study will have considerable impacts on how other emerging countries and enterprises need to operate their workflows to achieve productivity-related benefits in the future circumstances.

PENGARUH PROGRAM PELATIHAN TERHADAP KECEPATAN MEMPEROLEH PEKERJAAN (Studi Kasus Dinas Tenaga Kerja Kabupaten Gresik Tahun 2018-2021)

This study aims to find out whether labor training can increase the opportunity to get a job or not. By taking a case study of manpower training organized by the Gresik Regency Manpower Office, this research found that programs is indeed able to shorten manpower to obtain employment. In addition, this study also reveals other findings, namely, first, age prolongs labor to obtain employment, second, work experience accelerates to obtain employment and, third, education has no effect on the speed of obtaining employment.

Социальный диалог в период пандемии COVID-19: опыт ЕС

The article is devoted to the study of the European Union member states’ experience in the field of maintaining social dialogue during the COVID‑19 pandemic. The author explores strategies for maintaining social dialogue, defines their specific features, and determines the risks within their implementation. It is revealed that the approbation of these strategies forced the national authorities of all EU member states to switch to tripartite consultations, characterized by a high level of representation. The priorities of the social dialogue during the pandemic aimed at ensuring the basic rights of workers in the European Union in various sectors are investigated. Measures ensuring health and safety of workers were put at the forefront. Social partners expected to overcome the main difficulties caused by the pandemic with the help of state support measures. At the same time, they raised topical issues of modeling the economic and social post-crisis recovery. The contribution of social partners to the training and professional development of skilled labor during the pandemic is being established. Effective practices are considered to contribute to the expansion of education opportunities and advanced training of employees through the conclusion of collective agreements with the formation of accounts for such an education. The mechanism of adaptation to the changing labor market using the transfer of workers to remote work is shown. It is emphasized that trade unions have chosen offensive tactics in dialogue with employers, seeking to protect the interests of employees when switching to remote work. It is concluded that the EU countries as a whole managed to overcome the risks of curtailing the social dialogue.

The Analysis of Immigrant in Europe

Europe has a lengthy and intricate history concerning immigration, as individuals from various regions of the world have migrated to the continent for numerous reasons over the centuries. This migration has occurred both voluntarily and involuntarily. However, in recent years, the issue of immigrants in Europe has become a highly controversial topic, with divergent perspectives and debates. This paper examined the fundamental aspects surrounding the phenomenon of migration to Europe, including a detailed analysis of the origin and characteristics of the migrant population. Additionally, an extensive discussion and investigation of the impact and transformations brought about by this population will be presented. This paper also provided insights into several potential changes and challenges associated with this group, offering specific recommendations to local governments. Furthermore, this paper suggested the implementation of specialized labor training programs and job opportunities that address the underrepresentation of immigrants in specific industries. The extended researched information and detailed suggestions provided by this paper gave the public a clearer understanding of the general status quo of European immigrants and the chances of solving some essential issues that have been bothering the society brought by the group.

A New Productivity Benchmarking System Connected to Well-designed Labour Apprenticeship Framework for Construction Projects

This study primarily identifies the knowledge gaps that must be filled to apply conceptualised methods for rising and benchmarking productivity levels of various construction operational tasks. Accordingly, this study intended to evaluate labour productivity in relation to labour performance using potential apprenticeship instruments and systems. Comprehensive literature analysis and expert consultations were carried out to create a new mechanism with the collection of potential models, methods and systems connected to labour training, performance evaluation and productivity measurements. A total of 23 construction projects in Sri Lanka employed the created approach methodically. The results demonstrate the precise patterns of substantial shifts in labour productivity and performance index values, which have sparked new conceptual mechanisms for construction project planning methods. The outcomes demonstrate that the suggested approach can be used in a way that is reliable, generalisable, productive and sustainable. The study provides project managers, planners and engineers with a new road map and helpful techniques to raise the standard for measuring labour productivity levels across a variety of jobs. The overall study outcomes strengthen the chain relationship among the training elements, labour skills, performance and productivity. Though the study findings were limited to the construction industry and Sri Lankan context, the study outcomes are expected to make a significant impact on the current practices of various industry sectors in many developing countries for achieving higher productivity levels in work operations. This paper discusses some more implications and future scopes of the study elaborately.

A Constructive System to Assess the Performance-based Grading of Construction Labour through Work-Based Training Components and Applications

Various industry sectors of many developing countries have been facing various challenges associated with low performance of labour due to poor work-based training practices. This study aims to assess the performance of labour in construction by applying systematic work-based training components. A comprehensive study methodology was adopted through literature reviews and experts’ interviews/discussions, with problem-focused and action-oriented communication approaches to develop effective tools, systems and practices related to labour training elements and performance assessments within a framework. Through a new construction supervisory training programme, the developed practices were applied to 200-300 labourers working on 23 construction projects in Sri Lanka. The results show the detailed patterns of the significant changes in labour performance with the quantified values. Overall quantitative values indicate a nearly 60% increase in the performance of labour within six months of the training period compared to the starting point. A considerable level of performance improvement was reported in the soft skills (90%) and material handling abilities (70%) of labourers. A moderate level of performance improvement was identified in other competency elements related to the application of basic science/technology-related practices (55%), simple engineering/technology-related practices (44%), construction methods and technology (56%), green practices (36%) and fundamental management aspects (34%). The overall performance values of labourers employed in road/bridge projects were found that noticeably lower compared to the labourers who worked on other types of projects. The results further describe the well-improved theoretical knowledge and operational skills of the trained labourers, which has uplifted their job standards from working under close supervision to working under general supervision with some autonomy. Moreover, the study findings contribute to controlling the excessive inclination of local firms toward foreign labour by unlocking the potential barriers to expanding the local labour supply with lifelong learning and career benefits/opportunities for labourers. The findings will have a significant impact on how other developing nations and industries must manage their labour to obtain higher work efficiency in the foreseeable future.

Private Investment and Economic Development: Ensuring Sustainability in the Future

Objectives: The objectives of this study are 1) to examine the role of private investment in economic development towards sustainability in Vietnam by utilizing provincial-level data from the period 2000–2020 and 2) to construct an economic development index based on four main pillars: economy, science and technology, energy models, and multidimensional poverty. Methods/Analysis: The study employed the CS-ARDL estimation method to investigate the short- and long-term relationships between private investment and economic development. Furthermore, to address issues related to slope heterogeneity, endogeneity, and cross-sectional dependence, the study applied the AMG and CCEMG models to assess this relationship in the long term. Findings: The study identified a positive long-term relationship between private investment and economic development. Additionally, investment in science and technology, agricultural land urbanization, vocational training for labor, trade openness, and private sector finance exhibited significant associations with private investment. Novelty/Improvement: The study successfully developed an economic development index and elucidated the relationship between private investment and economic development. The research underscores two critical strategies for attracting and promoting private sector investment: improving the workforce through training and expanding export markets. The effective implementation of these strategies can address subsequent challenges and expedite sustainable economic development progress. Doi: 10.28991/HEF-2023-04-04-04 Full Text: PDF