№ 2 (22) 2024
The main press body of the Azerbaijan Academy of Labor and Social Relations is the scientific-practical magazine “Labor and Social Relations”. The magazine is published twice a year in the volume of 8-10 printed sheets, with a circulation of 200. Today, at a time when scientific journals are in the majority, the articles presented in the “Labor and social relations” scientific-practical journal show a high scientific level, training and strengthening of intellectual potential, improving the quality of education, contributing to the study of social labor relations problems, information technologies to apply the successes achieved in the field in recent years in international scientific cooperation, etc. such important tasks.
Scientific-practical magazine “Labor and social relations” is always open for intellectual discussions and exchange of ideas on scientific issues. Journal of social problems and economy of modern science, sociology, law, etc. It is a real discussion area of current issues related to development.
About article
THE EFFECT OF INVESTMENT IN PROVIDING SUSTAINABLE ECONOMIC DEVELOPMENT ON INCREASING THE ECONOMIC EFFICIENCY OF HIGHER EDUCATION
Aytən Ağayeva
Azərbaycan Əmək və Sosial Münasibətlər Akademiyası, müəllim Azərbaycan Elm və Təhsil Nazirliyi İqtisadiyyat İnstitutu, doktorant e-mail: a.c.aghayeva@gmail.com ORCID: 0000-0001-9675-4437
ABSTRACT
The article emphasizes the importance of investing in higher education as a means of promoting economic development. The population with a high level of higher education plays an important role in the preparation of the qualified labor force in the country, acting as the main determinant of the country’s economic development.
The goal is to invest in higher education in STEM fields, environmental and sustainability studies, artificial intelligence, energy and renewable resources, Cybersecurity and Information Technology, business and management studies, etc. identification of priority research areas is to analyze the usefulness of attracting investments in the direction of increasing the accessibility and quality of higher education.
Methodology – dialectical, logical approach, statistical analysis methods were used in the research work.
Research findings – Investing in higher education and industry is an important factor for successful cooperation between them. Participation of both parties in this process will ensure a more efficient result. In this way, companies and higher education institutions can create an ecosystem that can stimulate innovative development. Therefore, it is important that the parties understand the importance of this partnership and take the necessary steps to invest in its success.
Keywords: higher education, investment, economic development, access to higher education, higher education and industrial cooperation