A MODEL OF ACCUMULATION-CONCENTRATION-AND-DEEPENING FOR UNIVERSITIES


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Kara A.

17th International Conference on Knowledge, Economy & Management, Toskent, Özbekistan, 27 - 29 Ekim 2024, ss.17-28, (Tam Metin Bildiri)

  • Yayın Türü: Bildiri / Tam Metin Bildiri
  • Basıldığı Şehir: Toskent
  • Basıldığı Ülke: Özbekistan
  • Sayfa Sayıları: ss.17-28
  • İstanbul Ticaret Üniversitesi Adresli: Evet

Özet

Universities in the developing countries have been widely trapped into problem-prone low-performance states preventing them from making sustainably decisive contributions to the science and civilization in the modern age. Solutions to this problem require in-depth analyses exploring the causes, interlinked dimensions and the dynamics forming and perpetuating the trap in question and the associated problems. In this paper, we will take a step toward analyzing a subset of these problems by constructing an appropriate simulation model.

We will make use of the “system dynamics method” to begin constructing what we call “an accumulation-concentration-and-deepening” model for universities. Using the model and some hypothetical data, we have shown how one can derive the trajectories for the human capital, physical capital, and social capital as well as the capital accumulation, concentration and deepening paths. These trajectories and paths could be instrumental in exploring the long-term development strategies and short-term optimization problems. As an example, we demonstrated the derivation of the optimal values of the dynamic capital adjustment parameters as well as subsidies that will maximize the university’s overall production.

The key is to help open up creative modeling paths that can get the university systems in question out of the existing pervasive traps.