Education and Human Capital Development to Strengthen R&D Capacity in the ASEAN

Tereso Tullao and Christopher James Cabuay
Additional contact information
Christopher James Cabuay: Angelo King Institute for Ecohomic Business Studies De La Salle University

No DP-2013-36, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: The role of education is crucial in process of economic development. Initially, investments in training and education produce the necessary technical workers. At higher levels of economic development, the formation of highly skilled technicians, engineers, and professionals are made through advanced levels of education. The accumulation of sophisticated types of human capital is a major factor in creating the research and innovation infrastructure of a mature economy. Looking at the research and development (R&D) capacity of the ASEAN region, we see that most countries still have ways to go in order to fully develop their innovative capacity. Engineering, which is a significant source of innovations in a country, needs to have its curriculum revamped to adapt to global competition as well as to cater to the need of countries to innovate. This study recommends the improvement of technical competence of engineering education, the exploration of possible cooperation among engineering schools and professionals, learning from advanced economies on the development of advanced skills, the development of the soft skills of engineering students, and adopting an innovation perspective in the development of a nation.

Keywords: Education; human capital; research and development; innovation; engineering education. (search for similar items in EconPapers)
JEL-codes: I23 I25 J24 O31 O32 (search for similar items in EconPapers)
Pages: 70 pages.
Date: 2013-12
New Economics Papers: this item is included in nep-cse, nep-edu, nep-hrm and nep-ino
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Working Paper: Education and Human Capital Development to Strengthen R & D Capacity in ASEAN (2014)
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