The use of transferable skills in education and its impact on the economy




skills, transferable skills, knowledge capital, human capital, teacher quality, Sustainable Development Goals, job mobility


The purpose of the study is to determine and analyze the root cause of the problem, which prevents students from developing and implementing transfer skills. In the research, using secondary data, public documents and content analysis methods, current changes in the education system are studied and analyzed. In addition, in order to discuss the current situation in the Georgian educational market and to study the factors of the internationalization process in Georgia, a PESTEL analysis was conducted, within the framework of which the political, economic, social, technological, ecological and legitimate factors determining the attractiveness of Georgia for foreign students were identified. The topic is relevant because the rhythm of modern life depends on transfer skills. And the current events encourage and make inevitable the emergence of young people who can use their knowledge independently in the economy and culture. By teaching effective transferable skills, it is possible not only to correct an un-sustainable situation, but also to achieve strong and stable demand, productivity and economic growth. At the end of the paper, the main conclusions and recommendations for higher educational institutions and students are presented. Taking into account the received research results will make a positive contribution to the development of an effective state policy of university education. In the post-pandemic period, this is directly related to the acceleration of innovative processes in the country and the rational accumulation of economic wealth.


Download data is not yet available.
Abstract views: 531 / PDF views: 295


2015. 2015 Joint Report of the Council and the Commission on the implementation of the strategic framework for European cooperation in education and training (ET 2020): New priorities for European cooperation in education and training. Official Journal of the European Union, C 417, pp.25–35. Available from:

Abuselidze, G., 2022. Financing Higher Education: New Challenges, Incentives and Opportunities. IOP Conference Series: Earth and Environmental Science, 1026(1), p.012066. Available from: DOI:

Abuselidze, G. and Beridze, L., 2019. Financing models of vocational education and its impact on the economy: Problems and perspectives. SHS Web Conf., 66, p.01001. Available from: DOI:

Abuselidze, G., Mohylevska, O., Kompanets, N. and Iushchenko, L., 2022. Modern concepts and methodological recommendations for teaching economic disciplines: tasks of the course “Digital Management of Transport Infrastructure”. Transportation Research Procedia, 63, pp.2759–2766. X International Scientific Siberian Transport Forum — TransSiberia 2022. Available from: DOI:

Amelina, S.M., 2020. Types of tasks in the didactization of materials to trace the German in the history of Kiev. Educational Dimension, 2, p.7–19. Available from: DOI:

Bilousova, L., Gryzun, L. and Zhytienova, N., 2021. Interactive methods in blended learning of the fundamentals of UI/UX design by pre-service specialists. Educational Technology Quarterly, 2021(3), p.415–428. Available from: DOI:

Bloom, B.S., 1994. Reflections on development retrospective. In: L.W. Anderson and L.A. Sosniak, eds. Bloom’s Taxonomy: A Forty-year Retrospective. Chicago, IL: The National Society for the Study of Education, Yearbook of the National Society for the Study of Education, pp.1–8.

Broecke, S., 2016. Do skills matter for wage inequality? IZA World of Labor, p.232. Available from: DOI:

Buskhrikidze, E., 2019. Problems of integrated teaching in the general education school. Ph.D. thesis. Tbilisi State University.

Cerezo-Narváez, A., Ceca, M.J.B. and Blanco, J.L.Y., 2017. Traceability of Intra- and Interpersonal Skills: From Education to Labor Market. In: M. Otero-Mateo and A. Pastor-Fernandez, eds. Human Capital and Competences in Project Management. Rijeka: IntechOpen, chap. 6. Available from: DOI:

Cheary, M., 2021. Why transferable skills will be your key to finding work in 2021. Available from:

Chiswick, B.R. and Miller, P.W., 2009. The international transferability of immigrants’ human capital. Economics of Education Review, 28(2), pp.162–169. Available from: DOI:

Coff, R. and Raffiee, J., 2015. Toward a Theory of Perceived Firm-Specific Human Capital. Academy of Management Perspectives, 29(3), pp.326–341. Available from: DOI:

Consoli, D., Marin, G., Marzucchi, A. and Vona, F., 2016. Do green jobs differ from non-green jobs in terms of skills and human capital? Research Policy, 45(5), pp.1046–1060. Available from: DOI:

Crossley, M. and Watson, K., 2003. Comparative and International Research In Education: Globalisation, Context and Difference. Routledge. Available from: DOI:

Editorial Team, 2021. Why the business world needs transferable skills post COVID-19. Available from:

Gekara, V. and Snell, D., 2018. Designing and delivering skills transferability and employment mobility: the challenges of a market-driven vocational education and training system. Journal of Vocational Education & Training, 70(1), pp.107–129. Available from: DOI:

Gijselaers, W.H., Tempelaar, D.T., Keizer, P.K., Blommaert, J.M., Bernard, E.M. and Kasper, H., eds, 1995. Educational Innovation in Economics and Business Administration: The Case of Problem-Based Learning, Educational Innovation in Economics and Business, vol. 1. Dordrecht: Springer. Available from: DOI:

Hanushek, E., 2017. For long-term economic development, only skills matter. IZA World of Labor, p.343. Available from: DOI:

Hanushek, E.A., 1986. The Economics of Schooling: Production and Efficiency in Public Schools. Journal of Economic Literature, 24(3), pp.1141–1177. Available from: [Accessed 2023-03-13].

Hoidn, S. and Kärkkäinen, K., 2014. Promoting Skills for Innovation in Higher Education: A Literature Review on the Effectiveness of Problem-based Learning and of Teaching Behaviours. (OECD Education Working Papers, 100). OECD, Paris: OECD Publishing. Available from: DOI:

Iyer, S.S., Gernal, L., Subramanian, R. and Mehrotra, A., 2023. Impact of digital disruption influencing business continuity in UAE higher education. Educational Technology Quarterly. Available from: DOI:

Jones, E., 2013. Internationalization and employability: the role of intercultural experiences in the development of transferable skills. Public Money & Management, 33(2), pp.95–104. Available from: DOI:

Killen, R., 2007. Teaching Strategies for Outcomes-based Education. Juta and Company Ltd.

Kravchyna, O.Y., 2020. Financial education of schoolchildren with the use of digital technologies: European experience. Educational Dimension, 3, p.9–24. Available from: DOI:

Kuts, M. and Lavrentieva, O., 2022. Ergonomic aspects of computer-oriented pedagogical technologies implementation in teaching foreign languages to students of higher education institutions. Educational Technology Quarterly, 2022(1), p.88–104. Available from: DOI:

Kuzminska, O., 2021. Selecting tools to enhance scholarly communication through the life cycle of scientific research. Educational Technology Quarterly, 2021(3), p.402–414. Available from: DOI:

Lee, H. fen, Miozzo, M. and Laredo, P., 2010. Career patterns and competences of PhDs in science and engineering in the knowledge economy: The case of graduates from a UK research-based university. Research Policy, 39(7), pp.869–881. Available from: DOI:

Leighton, M. and Speer, J.D., 2020. Labor market returns to college major specificity. European Economic Review, 128, p.103489. Available from: DOI:

Lucio, M.M., Skule, S., Kruse, W. and Trappmann, V., 2007. Regulating Skill Formation in Europe: German, Norwegian and Spanish Policies on Transferable Skills. European Journal of Industrial Relations, 13(3), pp.323–340. Available from: DOI:

Maestas, N., Mullen, K.J. and Strand, A., 2021. The effect of economic conditions on the disability insurance program: Evidence from the great recession. Journal of Public Economics, 199, p.104410. Available from: DOI:

Misiuk, T., Kondratenko, Y., Sidenko, I. and Kondratenko, G., 2021. Computer Vision Mobile System for Education Using Augmented Reality Technology. Journal of Mobile Multimedia, 17(4), p.555–576. Available from: DOI:

OECD, 2016. Education at a Glance 2016: OECD Indicators. Paris: OECD Publishing. Available from: DOI:

Olsen, K.M., Sverdrup, T.E. and Kalleberg, A.L., 2019. Turnover and transferable skills in a professional service firm. Journal of Professions and Organization, 6(1), pp.2–16. Available from: DOI:

Osman, A. and Speer, J., 2022. Are Soft Skills Enough? Experimental Evidence on Skill Complementarity for College Graduates. Available from:

Pardos-Prado, S. and Xena, C., 2019. Skill Specificity and Attitudes toward Immigration. American Journal of Political Science, 63(2), pp.286–304. Available from: DOI:

Perkins, D.D. and Zimmerman, M.A., 1995. Empowerment theory, research, and application. American Journal of Community Psychology, 23(5), pp.569–579. Available from: DOI:

Prokhorov, O.V., Lisovichenko, V.O., Mazorchuk, M.S. and Kuzminska, O.H., 2022. Implementation of digital technology for student involvement based on a 3D quest game for career guidance and assessing students’ digital competences. Educational Technology Quarterly, 2022(4), p.366–387. Available from: DOI:

Pylypenko, O., 2020. Development of critical thinking as a means of forming STEM competencies. Educational Dimension, 3, p.317–331. Available from: DOI:

Raffiee, J. and Coff, R., 2016. Micro-Foundations of Firm-Specific Human Capital: When Do Employees Perceive Their Skills to be Firm-Specific? Academy of Management Journal, 59(3), pp.766–790. Available from: DOI:

Ratiani, M., 2013. Transfer learning.

Rutkowski, J.J., 2013. Georgia: Skills Mismatch and Unemployment Labor Market Challenges. (72824-GE). The World Bank. Available from:

Sazonov, S.P., Kharlamova, E.E., Chekhovskaya, I.A. and Polyanskaya, E.A., 2015. Evaluating Financial Sustainability of Higher Education Institutions. Asian Social Science, 11(20), pp.34–40. Available from: DOI:

Sevcenko, V. and Ethiraj, S., 2014. Do Fund Managers Capture All the Returns from Their Skills? A Study of Actively Managed Mutual Funds. Academy of Management Proceedings, 2014(1), p.15668. Available from: DOI:

Sevcenko, V. and Ethiraj, S., 2018. How Do Firms Appropriate Value from Employees with Transferable Skills? A Study of the Appropriation Puzzle in Actively Managed Mutual Funds. Organization Science, 29(5), pp.775–795. Available from: DOI:

Sgobbi, F. and Suleman, F., 2015. The Value of Transferable Skills. Scottish Journal of Political Economy, 62(4), pp.378–399. Available from: DOI:

Starr, E., Ganco, M. and Campbell, B.A., 2018. Strategic human capital management in the context of cross-industry and within-industry mobility frictions. Strategic Management Journal, 39(8), pp.2226–2254. Available from: DOI:

Sturman, M.C., Walsh, K. and Cheramie, R.A., 2008. The Value of Human Capital Specificity Versus Transferability. Journal of Management, 34(2), pp.290–316. Available from: DOI:

Suleman, A., Suleman, F. and Reis, E., 2016. Fuzzy approach to discrete data reduction: an application in economics for assessing the skill premium. Journal of Business Economics and Management, 17(3), pp.414–429. Available from: DOI:

Suleman, F., 2016. Employability Skills of Higher Education Graduates: Little Consensus on a Much-discussed Subject. Procedia - Social and Behavioral Sciences, 228, pp.169–174. 2nd International Conference on Higher Education Advances, HEAd’16, 21-23 June 2016, València, Spain. Available from: DOI:

Uznadze, D.N., 2009. The Psychology of Set. Journal of Russian & East European Psychology, 47(3), pp.67–93. Available from: DOI:

Veshapidze, S., Zoidze, G. and Berishvili, K., 2021. The economic determinant of the education system. Sciences of Europe, (81-2), pp.6–12. Available from:

Zoidze, G. and Veshapidze, S., 2022. Transformation of economic policy priorities under COVID-19. Three Seas Economic Journal, 3(2), pp.35–43. Available from: DOI:






Digital Transformation of Education

How to Cite

Abuselidze, G. and Zoidze, G., 2023. The use of transferable skills in education and its impact on the economy. CTE Workshop Proceedings [Online], 10, pp.124–138. Available from: [Accessed 14 June 2024].
Received 2022-10-06
Accepted 2022-12-22
Published 2023-03-21

Similar Articles

1-10 of 294

You may also start an advanced similarity search for this article.