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dc.titleHow Do Disruptive Innovators Prepare Today's Students to Be Tomorrow's Workforce?: Minerva's Co-op Model: A Pathway to Closing the Skills Gap
dc.contributor.authorGoldemberg, Diana
dc.contributor.authorGenone, James
dc.contributor.authorWisor, Scott
dc.contributor.orgunitEducation Division
dc.coverageLatin America and the Caribbean
dc.date.available2020-09-10T00:09:00
dc.date.issue2020-09-10T00:09:00
dc.description.abstractBridging the skills gap is necessary to increase productivity and equity. In Latin America and the Caribbean, this challenge has manifested in high rates of youth unemployment, informality, and inactivity. Traditional higher education has struggled to respond to this challenge, with rising costs limiting access and poor outcomes forcing students to question the value of a university degree. In this paper, we explore a model for collaboration between higher education providers and employers designed to overcome these challenges. In this co-op model, students earn a bachelors degree in three years, while also working part-time during the second and third years. This model provides students with the foundational skills and knowledge needed to become broad, interdisciplinary thinkers, while also giving them valuable work experience for which they earn credit while pursuing their degree. Economic constraints are addressed by students degrees being partly subsidized by an employer, who benefits by easily hiring employees who can fill their most critical human resource needs.
dc.format.extent30
dc.identifier.doihttp://dx.doi.org/10.18235/0002633
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/How-Do-Disruptive-Innovators-Prepare-Todays-Students-to-Be-Tomorrows-Workforce-Minervas-Co-op-Model-A-Pathway-to-Closing-the-Skills-Gap.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Como-preparan-los-innovadores-disruptivos-a-los-estudiantes-de-hoy-para-ser-la-fuerza-laboral-del-manana-El-modelo-cooperativo-de-Minerva-Un-camino-para-cerrar-la-brecha-de-habilidades.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectHigher Education
dc.subjectSkills
dc.subjectHuman Capital
dc.subjectEducation
dc.subjectWorkforce and Employment
dc.subjectEducational Institution
dc.subjectLearning
dc.subjectHigh School
dc.subjectLabor Market
dc.subjectLabor
dc.subject21st-Century Skill
dc.subjectCurriculum
dc.subjectDisruptive Innovation
dc.subjectLabor Force
dc.subject.jelcodeI28 - Government Policy
dc.subject.jelcodeI20 - Education and Research Institutions: General
dc.subject.jelcodeI23 - Higher Education • Research Institutions
dc.subject.keywordsEducation;human capital;transversal skills;21st-century skills;labor force;curriculum
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberIDB-JN-00089
idb.operationRG-T3591
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