earticle

영어

Investment in education and training develops the skills and capabilities of workers held by companies, ultimately leading to the improvement of corporate productivity, and the high level of human capital accumulated by companies through investments in education and training has a positive effect on performance improvement. The Korean government is supporting a ‘Work-Learning Dual System’ designed to meet Korean realities in order to enhance the fieldability of vocational education training, eliminate job mismatch and revitalize youth employment worldwide. This study would analyze the effects of government support by using the survey data of companies participating in the Work-Learning Dual System, a government support system for the development of skilled engineers. As a result of the analysis, it was confirmed that the Government's sufficient financial support contributed to the performance of the learning workers and the development of the education and training systems, which were linked to the improvement of business performance and employment performance. Of these, the direct impact of government support on employment performance was found to be some negative, but relatively large indirect effects were observed and consequently the total effect had a positive effect. The results show that the support effect of supporting corporate-led industrial human resource development is achieving a certain purpose. Theoretically considering that positive and negative arguments have been going on for a long time with the effect of government support, the estimation results of this study suggest that the government should seek development measures, including redesign of support through a more in-depth analysis of each type of support.