Article Gold Open Access 2024

IMPLEMENTATION OF THE WORK-BASED LEARNING MODEL IN SMES: RANKING THE INDICATORS OF FEASIBILITY BASED ON TRANSITIVITY

Economics and Sociology
Journal · Vol. 17 · Issue 3 · pp. 291-302
Abstract

Work-based learning models have been applied to varying extent across countries. This raises questions about the factors that determine the feasibility of their implementation in small and medium-sized enterprises (SMEs). The multifaceted impact of these factors and the indicators reflecting them varies significantly, which makes it necessary to rank them appropriately. This study uses a pairwise comparison of the indicators’ importance based on their transitivity to determine such ranking. This new methodology is superior to existing approaches in that it allows the researcher to determine the importance rankings of a virtually unlimited number of indicators without compromising the adequacy of the assessment. It also significantly reduces the scope of expert judgement. The methodology also accounts for interactions between indicators, further improving the relevance of the rankings. Finally, the proposed methodology is versatile as it can be applied to rank the importance of any type of indicators reflecting the state of socio-economic systems. © 2024, Centre of Sociological Research. All rights reserved.

Keywords

Author Keywords

work-based learning importance ranking of indicators multi-criteria evaluations transitivity of indicators

Index Keywords

Author Affiliations
BALTIC SEA ACADEMY, Hamburg, Germany
Vilniaus Gedimino Technikos Universitetas, Vilnius, Lithuania
Funding & Acknowledgements
No funding information
References 10 References
1 Andrews, Jane E., Graduate employability, 'soft skills' versus 'hard' business knowledge: A european study, Higher Education in Europe, 33, 4, pp. 411-422, (2008)
2 Innovative Practices in Tvet Towards Education for Sustainable Development Work Based Learning Diploma Programmes at Community College in Malaysia, (2009)
3 Attwell, Graham, Training and development in Germany, International Journal of Training and Development, 3, 3, pp. 227-233, (1999)
4 Bauman, Antonina A., Enhancing entrepreneurial education: Developing competencies for success, International Journal of Management Education, 19, 1, (2021)
5 Industrial Relations Journal, (2008)
6 Brunet Icart, Ignasi, The VET system and industrial SMEs: the role of employees with VET qualifications in innovation processes, Journal of Vocational Education and Training, 69, 4, pp. 596-616, (2017)
7 Busemeyer, Marius Raphael, Asset specificity, institutional complementarities and the variety of skill regimes in coordinated market economies, Socio-Economic Review, 7, 3, pp. 375-406, (2009)
8 Carpentiere, Davide, The interplay between transitivity and completeness: Generalized NaP-preferences, Journal of Mathematical Psychology, 108, (2022)
9 Casey, Bernard H., Recent Developments in the German Apprenticeship System, British Journal of Industrial Relations, 29, 2, pp. 205-222, (1991)
10 Cherchye, Laurens, Transitivity of preferences: When does it matter?, Theoretical Economics, 13, 3, pp. 1043-1076, (2018)
Quick Actions
Full Text via DOI
Citation Metrics
1
Times Cited (Scopus)

References 10
Document Identifiers