cover image: POLICY BRIEF – No. 19/2024 - Increasing Economic Opportunity and Competitiveness in the EU:

POLICY BRIEF – No. 19/2024 - Increasing Economic Opportunity and Competitiveness in the EU:

12 Oct 2024

In the EU, the potential increase in the talent pool could be as high as 12 times in Spain, 11 times in both Italy and the Netherlands, and 10 times in France. [...] E U Standards: To ensure trust and comparability across borders, micro-credentials should include certain mandatory elements, such as the learner’s identification, the title of the credential, the issuer’s country, learning outcomes, workload (measured in ECTS credits if possible), and the type of assessment. [...] According to some researchers, the absence of a definition is currently perceived as “the most substantial barrier to further development and uptake of micro-credentials” in the EU.12 This is partly because the different terms still create confusion for businesses, employers, and recruiters regarding what a person is qualified to do. [...] On the one hand, university degrees function as a “proxy,” indicating the level of maturity and intellectual capability of the individual and a skillset of qualifications. [...] By recognising the importance of these practices, policymakers can broaden the talent pool in the EU and ensure that workers from all backgrounds, including those in SMEs, have the opportunity to continuously upskill and adapt to evolving job requirements.

Related Organizations

European Commission
Harvard Business School
Stanford University
Pages
16
Published in
Belgium

Table of Contents