Qualifications and Certificates v Practical Knowledge and Experience: Is There a Winner?

Eddie Fisher and Yorkys Santana Gonzalez

Business and Economic Research, 2020, vol. 10, issue 2, 1-21

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.

Keywords: Qualifications; Practical Knowledge; Theoretical Understanding; Education; Recruitment; Employability (search for similar items in EconPapers)
Date: 2020
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