Knowledge society and lifelong learning challenges analysis for academic economics and business education in Armenia

Abstract

The new era of postmodern and postindustrial society was marked and highlighted by such important phenomena as high technologies, lifelong learning, e-learning and knowledge society and economics. These new phenomena and changes, enormous in their significance, could not but affect the traditional academic education system. The effect on academic education system can be defined as a challenge to reconstruct and to reform the system to make it more flexible and responsive to modern world real needs. The current state of the scientific literature on this topic in Armenia is very poor, though the challenge is very serious not only for the educational system but also for labor market, HR management, businesses and economy in general. The main objective of this article is to define the main problems, raise awareness on them and further and promote scientific discussion on this actual topic among the universities in Armenia. The article starts with introduction to the actual problem between theoretical and applied science, projecting the problem to the academic economics and business education and the results application of those. The article includes analysis and identification of gaps in related legislative framework in Armenia, problem evaluation and development of an approach to define the main fields and sources of the problem in addition to business education and business management main inconsistencies exploration.