Education, labour market and reindustrialization - Case of Serbia

Abstract

This paper is the result of research about the role of the education system in initializing and realization of the reindustrialization project in Serbia towards the European concept of endogenous, auto-propulsive and self-sustainable development, based on scientific knowledge. An appropriate methodology was developed for the needs of this research. Its key feature is that the strategy for the system modernization should be defined as a combination of a normative and growth strategy, since an industrial enterprise is supposed to become a (virtual) school. The key outcome is that the education system has two assignments. The first one is that smaller modifications of its own resources in order to provide support to the offer on the labour market will enable the beginning of the project of reindustrialization of Serbia in 2020. The second is that by 2020 a workforce will have been created from the scarce work contingent of people born after 1990 who will have the flexibility, innovation and ability to become involved into new processes and with products which will enable the further implementation of the industrialization process in Serbia.