The Role of Higher Education in Shaping Global Talent Competitiveness and Talent Growth

Abstract

The role of higher education in shaping global talent competitiveness and growth in the modern world is an excellent area of interest. To meet the growing demand for talented human capital in today's modern industries, HEIs must mobilize and standardize policies and develop programs for talent management among students as the future workforce. This study aimed to analyze the role of HEI in shaping talent competitiveness and growth. Selected higher education indicators that characterize the talent and growth development of at least 117 countries were analyzed using R version 4.1.3. The Global Talent Competitiveness Index (GTCI) was used to measure the talent competitiveness of the selected countries. To measure talent growth, we used the average annual change in the GTCI over the last five years; hence secondary data on the role of higher education in shaping talent competitiveness and growth were used. Various academic factors and skills that stimulate global talent competitiveness and growth are outlined in this study. Considering the factors that affect talent competitiveness and growth globally, colleges and universities place a strong emphasis on developing graduates' skill sets, advocating for, and organizing aspects in terms of mean years of schooling, including professional development, internet, and digital skills, and getting students ready for international co-invention and scientific publication.