Factors affecting K-economy readiness: a study in higher education

Autor: Umi Nuraini, Sheerad Sahid, Muhammad Hussin
Jazyk: English<br />Portuguese
Rok vydání: 2024
Předmět:
Zdroj: Millenium, Vol 2, Iss 24 (2024)
Druh dokumentu: article
ISSN: 0873-3015
1647-662X
DOI: 10.29352/mill0224.34723
Popis: Introduction: Higher education plays a crucial role in the innovation system of the K-economy by generating substantial scientific and technical advancements and fostering innovative individuals. It is essential to investigate the K-economy readiness of the education sector, as past studies have mostly focused on this topic in the industrial sector. Objective: To determine the effect of entrepreneurial thinking, ICT skills, social and cross-cultural skills, and career readiness on the K-economy readiness of undergraduate students. Methods: This research question was answered using multiple regression analysis of survey data collected from 578 undergraduate students of Economics Education at six teacher-based universities on the island of Java, Indonesia. Results: This study found that entrepreneurial thinking, ICT skills, social and cross-cultural skills, and career readiness all positively and significantly affect the K-economy readiness of undergraduate students. Conclusion: Implementing education policy adjustments based on this study's findings can enhance student knowledge and skill development in higher education to increase competitiveness in the K-economy. Higher education needs to rely on information and innovation to effectively contribute to economic and social growth sustainably through the K-economy.
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