The University-Industry Cooperation in Labor Market Regulation: Shortening the Transition Period from Graduation to Employment

Abstract

This paper examines the impact of university-industry cooperation on reducing the transition period from graduation to employment and maintaining the validity of acquired competencies. Despite the consensus on the importance of graduate employability, there is ambiguity regarding the most critical graduate attributes. To investigate this, surveys were conducted involving 582 businesses, 15 universities, and 735 graduates from May 2022 to October 2022. Statistical tests, including correlation and multiple regression analyses, confirm that collaboration between higher education institutions (HEIs) and employers positively influences employment rates and shortens the transition period. The results indicate a negative linear correlation between the transition period and competency validity, emphasizing the importance of curriculum alignment with labor market needs.