The analysis of key competencies in economics and business field – KOMPEKO

The analysis of key competencies in economics and business field – KOMPEKO

Commissioned by: Ministry of Science, Education and Sports; Agency for Vocational Education and Training and Adult Education, Department of Financing and Contracting of EU Programmes 
Project duration: July 23, 2015 - October 22, 2016 
Project manager: Bruno Škrinjarić
Project mentor: Edo Rajh, PhD
Project value: 399.449,00 HRK
This is an EU-funded project.

Project goals: The aim of this project was the development of research competencies of young researchers, better incentives to young researchers to develop close cooperation with business community and increasing their academic mobility and networking. The specific goal of this project was to support the strengthening of scientific research competencies of Bruno Škrinjarić, employed as research assistant at the Institute of Economics, Zagreb, through implementation of applied research on a topic of linking the supply and demand of competencies on the labour market. Specifically, the objective was to investigate which of the competencies employers labelled as “key competencies” in the field of economics and business, and how those key competencies were represented in recent economics and business graduates.

Expected results/outputs: The key expected result of this project was a scientific inquiry on a topic of supply and demand of key competencies in the economics and business field, sent for publication to key scientific journals. Other results included attendance and presentations at different gatherings, seminars, conferences and panels, publication of results in the EIZ Working Papers, integration and networking of Bruno Škrinjarić into foreign research area, as well as general increase in his scientific and research competencies.

Activities: Project activities included procurement of necessary software and hardware for successful project implementation, identification and description of previous literature on the topic of economics of education (with special reference to key competencies), the implementation of questionnaires on a selected sample of employers and graduates, statistical processing of acquired data using descriptive statistics methods, data analysis using standard econometric methods, merging of different project results into one structure, writing of scientific papers on the basis of obtained results and dissemination of project results via attending and presenting at international scientific conferences, public presentations and via professional and scientific publications. Supporting activities included managing specific project activities, financial management and reporting.

Methodology: Used methodology was standard for this kind of research. For the grouping of competencies into several sets, factor analysis method was used. In order to determine the relationship between the set of competencies that an individual possesses and his/her outcome on the labour market, standard micro-econometric models, i.e. multiple linear regression probit model was used.


This is an EU-funded project.