International Journal of Commerce and Economics

International Journal of Commerce and Economics


International Journal of Commerce and Economics
International Journal of Commerce and Economics
2021, Vol. 3, Issue 1
Higher education institutions role in developing highly skilled women workforce to enhance country’s economic growth

Chaya R

The highly educated women workforce supports country’s economic growth and the skilled women labor can be deployed flexibly, achieve high levels of productivity, apply existing technologies and engage in innovation. That is why low and middle income countries are assigning greater importance to higher education as a source of the scientific, technical and analytical skills needed for higher productivity and technological catch-up. As technology becomes more skill based and competitive pressures intensify, women employees need more than a secondary education. Organizations must employ larger numbers of skilled women workers with higher degrees to have desired results. The market demands for high skilled and highly educated employees for having innovation and creativity. This was to be expected given the current focus on innovation and intellectual capital across all business sectors, but skills issues have taken on wider corporate significance in a context of economic globalization. The argument that a knowledge-driven economy demands a larger proportion of the skilled workforce in order to meet the present market demands. Hence, the present study focuses on the importance of highly skilled women and well trained with help of higher education to have nation’s economic growth.
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