Research on the Relationship between Investment in Higher Education and Coordinated Economic Development

Abstract

This paper examines the contradiction between the rapid growth of investment in higher education and the slow growth of economic benefits, aiming to uncover its underlying mechanisms and practical dilemmas. The challenges include quantifying the dynamic relationship between investment and economic output, evaluating the impact of regional disparities, and balancing the demands of education and the economy. By collecting relevant literature, this study lays a foundation and defines the core concept of coordinated development as the dynamic balance and mutual adaptation of the quantity and quality of elements, thus fostering a positive interaction. Taking the Guangdong-Hong Kong-Macao Greater Bay Area as an example for empirical research, Guangdong has over 60,000 high-tech enterprises and national-level scientific research platforms. However, it also faces challenges such as technological dependence, a shortage of talent, and weak innovation capabilities. It is necessary to enhance the precision and efficiency of resource allocation, accelerate knowledge transformation, optimize talent cultivation, deepen the integration of science, education, and industry, and strengthen the institutional response capacity to cultivate a virtuous cycle. These findings are crucial for coordinated development, as they can achieve synergistic effects, promote the construction of an innovation system, and facilitate high-quality economic development.