Reformation of higher education in Europe: essential benchmarks and insight in reforming the national education system

Abstract

Managerial take over the business management techniques, leadership, payback criteria, investments, marketing strategies have become commonplace in higher education. The university management efforts to include more stakeholders, highlights the cooperation between the public and business value. Universities have become immediate the part of the national innovation system, and able to contribute significantly to the edge of economic progress. Lithuanian high-education institutions also received a substantial change. The article presents the analysis of the development of higher education in Lithuania according European trends.