Measuring the value of placements to employers: A cost-benefit approach

Journal article


Wond, Tracey and Rambukwella, Shan 2018. Measuring the value of placements to employers: A cost-benefit approach. Industry and Higher Education. https://doi.org/10.1177/0950422218759726
AuthorsWond, Tracey and Rambukwella, Shan
Abstract

This article explores the concept and measurement of placement value, underexplored in theory and practice to date. The article makes a theoretical contribution to the placement value discourse by examining and articulating the placement value concept. It also offers a practical contribution by exploring a piloted tool to evaluate employer placement value, developed as part of a project funded by the Higher Education Funding Council for England. It examines the immaturity of the placement value concept against contemporary value discourse, including service- and goods-dominant logic frameworks (exploring value-in-use and value-in-exchange) and calls for greater attention to be paid to placement value to support the sustainable provision of placements.

KeywordsPlacement value; Placements; Internships; Third mission
Year2018
JournalIndustry and Higher Education
PublisherSage
ISSN09504222
20436858
Digital Object Identifier (DOI)https://doi.org/10.1177/0950422218759726
Web address (URL)http://hdl.handle.net/10545/621969
hdl:10545/621969
Publication dates08 Mar 2018
Publication process dates
Deposited24 Nov 2017, 14:44
Accepted14 Nov 2017
ContributorsUniversity of Derby
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