Impact of Higher Education on Economic Development: The Case of Taiwan

By Devon Jensen.

Published by Management Education: An International Journal

Format Price
Article: Print $US10.00
Published Online: January 11, 2016 $US5.00

This paper explores the findings of recent qualitative research examining the relationship between higher education and the economic development of Taiwan. The researcher travelled throughout Taiwan and interviewed 18 different university presidents or vice presidents from 10 different universities in 8 different cities. Data were analyzed around categories of human capital theory, graduates and the economy, national government education policy, and linking higher education to economic development. Data from this study indicates that both policy and postsecondary structural reform is acting as a path for creating a higher education system that is aligned with the economic vision for Taiwan. Participants also agreed that more equitable national infrastructures were needed to support and strengthen a broader range of institutions and not just refining economic development efforts on the top tier institutions. They also perceived that Taiwan’s economic growth is tied to a strong higher educational system that is heavily influenced by a “degree culture” in the country.

Keywords: Higher Education, Economic Development, University Presidents, International Higher Education, Higher Education Policy

Management Education: An International Journal, Volume 15, Issue 4, December 2015, pp.15-30. Article: Print (Spiral Bound). Published Online: January 11, 2016 (Article: Electronic (PDF File; 512.538KB)), ISSN: ISSN 2327-8005.

Dr. Devon Jensen

Associate Dean, College of Graduate Studies, Georgia Southern University, Statesboro, Georgia, USA

I have had a variety of academic experiences through the years that have taken me on some interesting adventures. I began my teaching in the Mid West of USA at the University of South Dakota. Here I began my passion for policy and issues surrounding Adult and Higher Education. Following my time there, I returned to my home city and began teaching at the University of Calgary in Canada. While there, I was able to arrange a visiting scholar appointment in Australia for one year. The institution I was able to work at was The University of Southern Queensland in Toowoomba, Australia. After a year in Australia, I returned to my post at the University of Calgary. A new opportunity opened up for me in 2011 where I accepted a new position at Georgia Southern University in the USA. I am currently actively involved in research exploring the link between higher education and economic development - especially in developing countries.