Ways to Increase The Economic Efficiency of Educational Services Based on Digitization
DOI:
https://doi.org/10.31150/ajebm.v8i4.3448Keywords:
Service Market, Modernization, Services Sector, Financial Services, Higher Education ServicesAbstract
This article explores methods for increasing the economic efficiency of higher education services through digitization, addressing a significant gap in existing research related to the economic implications of technology integration in Uzbekistan’s education sector. Employing a qualitative methodology, the study analyzes primary data collected from interviews with executives at foreign universities operating in Uzbekistan, supplemented by document analysis and statistical insights. Findings indicate that digitization substantially enhances economic efficiency by reducing operational costs through digital platforms, virtual classrooms, and electronic learning resources, thus minimizing expenditures on physical infrastructure and printed materials. Moreover, digitization facilitates the creation of new income sources via online education platforms, certification programs, and distance learning targeted at international students. Results also underscore improved resource allocation and increased productivity due to automated educational tools and centralized digital management systems. The implications suggest that implementing digital transformation strategies not only provides immediate economic benefits but also positions higher education institutions competitively in the global market. This research contributes valuable insights for policymakers and university administrators, highlighting digitalization as a critical lever for sustainable economic growth, enhanced educational quality, and greater accessibility in Uzbekistan’s higher education landscape.
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