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date: 19 August 2019

Abstract and Keywords

Policy, driven by simple readings of human capital theory, expects universities to deliver skilled labour to drive productivity growth and competitiveness. This approach ignores the wider role of learning in HE. England has tended to follow a market-driven approach, with weakly coordinated relationships between employers and HE, whereas Scotland has sought to provide more structured institutional support for this interaction. In both countries, there are significant issues over the ability to forecast future skill need, to match supply with demand, and to enlist employers in co-production and co-funding. In addition, there are ongoing debates about employability, a ‘war for talent’, and how best to structure interactions between business and universities.

Keywords: human capital, higher education policy coordination, industry demands, talent war, over-education, employer participation

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