Access Journal

Access to Science, Business, Innovation in the Digital Economy
The journal uses continuous publication model. Current issue is in progress.
Published Online: Jul 10, 2024

Formation of resource potential of HEIs as a basis for their sustainable development

Published Online: Jul 10, 2024
Views: 73
Downloads: 5
Download PDF

Objectives: The idea of the article is that the sustainable development of higher education institutions depends on their available resource potential. The purpose of this article was to create a methodological toolkit for assessing HEI's resource potential as a basis for their sustainable development. Methods/Approach: In the research, an assessment of the resource potential of higher education institutions (in the example of Kremenchuk Mykhailo Ostrohradskyi National University) was carried out by determining the integral indicator. An integral approach to assessing the resource potential of a higher education institution involves the synthesis of indicators that demonstrate the achieved results by elements: HR, financial, organizational, material and technical, and informational. Results: The determination of the integral indicator for three years shows that in 2019 the indicator was within the sufficient level, and in 2020-2021 it reached an average level. If we consider the levels of development of indicators by elements, then the largest indicator is determined by the material, technical and informational elements. High indicators for the entire analyzed period were achieved by the personnel element. A mathematical model was built based on the results of the first-order experiment. Conclusions: It was determined that personnel and material and technical elements have the greatest influence on the formation of competitive advantages. Identifying the key components of the resource capacity that significantly influence its growth enables management of a HEI to gain better insights into their capability to accomplish sustainable development objectives. The outcomes derived from constructing a mathematical model facilitate the identification of factors shaping the resource capacity of the institution across various timeframes. The novelty of our proposed evaluation methodology lies precisely in the new system of indicators for evaluating the resource potential of universities
JEL Classification:
I23; М10; Q01; А20
How to cite:
Dimitrov, R., Trunina, I., Bilyk, M., Pryakhina, K. (2024). Formation of resource potential of HEIs as a basis for their sustainable development. Access to science, business, innovation in the digital economy, ACCESS Press, 5(3), 407-425,
  • Agenda Education for sustainable development in the framework of the 2030 Agenda for Sustainable Development. URL : (accessed: December 2023)
  • Abbas, M., Raja, U., Darr, W. and Bouckenooghe, D. (2014). Combined effects of perceived politics and psychological capital on job satisfaction, turnover intentions, and performance. Journal of Management, Vol. 40, No. 7, pp.1813–1830. DOI:
  • Albert, M., Uhlig, M. (2021). Education for sustainable development at Chemnitz University of Technology. International Journal of Sustainability in Higher Education, Vol. ahead-of-print No. ahead-of-print. DOI:
  • Alghamdi, N., Heijer, A., Jonge, H. (2017). Assessment tools’ indicators for sustainability in universities: An analytical overview. International Journal of Sustainability in Higher Education, 18(1), 84-115. DOI:
  • Anderson, J., Gerbing, D. (1988). Structural equation modeling in practice: a review and recommended two-step approach. Psychological Bulletin, Vol. 103, No. 3, p.411. DOI:
  • Buzko, I., Vartanova, O., Trunina, I., Khovrak I. (2019). Theoretical aspects of regional sustainable development in the EU and Ukraine. SHS Web of Conferences. Vol. 61. DOI:
  • Cortese, A. D. (2003). The critical role of higher education in creating a sustainable future. Planning for Higher Education, 31(3), pp.15-22
  • Decree of the president of Ukraine No.722/2019 (2019) About the Sustainable Development Goals of Ukraine for the period until 2030
  • Dyachenko, Yu., Nenkov, N., Petrova, M., Skarga-Bandurova, I., Soloviov, O. (2018). Approaches to Cognitive Architecture of Autonomous Intelligent Agent. Biologically Inspired Cognitive Architectures, Elsevier, Volume 26, Pages 130-135,
  • Еlmassah, S., Biltagy, M., Gamal, D. (2022). Framing the role of higher education in sustainable development: a case study analysis. International Journal of Sustainability in Higher Education, Vol. 23 No. 2, pp. 320-355. DOI:
  • Findler, F., Schönherr, N., Lozano, R., Reider, D., Martinuzzi, A. (2019). The impacts of higher education institutions on sustainable development: A review and conceptualization. International Journal of Sustainability in Higher Education, Vol. 20 No. 1, pp. 23-38. DOI:
  • Finnveden, G., Friman, E., Mogren, A., Palmer, H., Sund, P., Carstedt, G., Lundberg, S.,Robertsson, B., Rodhe, H., Svärd, L. (2020). Evaluation of integration of sustainable development in higher education in Sweden. International Journal of Sustainability in Higher Education, Vol. 21 No. 4, pp. 685-698. DOI:
  • Fleacă, E., Bogdan F., Sanda M. (2018). Aligning Strategy with Sustainable Development Goals (SDGs): Process Scoping Diagram for Entrepreneurial Higher Education Institutions (HEIs). Sustainability 10, no. 4: 1032. DOI:
  • Gupta, H., Singhal, N. (2017). Framework for embedding sustainability in business schools: a review. Vision: The Journal of Business Perspective, Vol. 21 No. 2, pp. 195-203. DOI:
  • Hauff, M., Nguyen, T. (2014). Universities as Potential Actors for Sustainable Development. Sustainability. Vol. 6. 3043-3063.
  • Koehn, P., Uitto, J. (2015). Beyond outputs: Pathways to symmetrical evaluations of university sustainable development partnerships. Development Studies Research, 2(1), 1-19. DOI:
  • Kratt, O., Pryakhina, K., Bilyk, M. (2017). Ukrainian-Chinese collaboration: Prospects of development. SHS Web of Conferences. Vol. 39. DOI:
  • Lazarov, S., Alexandru, S. and Semenescu. A. (2022). Education for Sustainable Development (ESD) in Romanian Higher Education Institutions (HEIs) within the SDGs Framework. International Journal of Environmental Research and Public Health 19, no. 4: 1998. DOI:
  • Linde, I., Petrova, M. (2018) The challenges of formalization and modelling of Higher Education Institutions in the 21st century. CBU International conference proceedings 2018: Innovations in Science and Education, 21.-23.03.2018, pp.303-308,
  • Lozano, R. (2011). The state of sustainability reporting in universities. International Journal of Sustainability in Higher Education, 12(1), 67-78. DOI:
  • Omazic, A., and Bernd M. Zunk. (2021). Semi-Systematic Literature Review on Sustainability and Sustainable Development in Higher Education Institutions. Sustainability, Vol. 13, no. 14: 7683. DOI:
  • Petrova, M., Buzko, I., Dyachenko, Yu. (2018). Cognitive, Intelligence Technologies and Economical Foundations of Teaching of International Economical Relations and Tourism. 17th International Scientific Conference Engineering for Rural Development, 23.-25.05.2018. Jelgava, Latvia, pp. 1102-1106,
  • Purcell, W., Henriksen, H., Spengler, J. (2019). Universities as the engine of transformational sustainability toward delivering the sustainable development goals: “Living labs” for sustainability. International Journal of Sustainability in Higher Education, Vol. 20 No. 8, pp. 1343-1357. DOI: doi/10.1108/IJSHE-02-2019-0103
  • Ruihui, P., Tanamee D., Jiang, S. (2022). Digitalization and higher education for sustainable development in the context of the Covid-19 pandemic: A content analysis approach. Problems and Perspectives in Management, 20(1), 27-40. DOI: 10.21511/ppm.20(1).2022.03
  • Rinaldi, C., Cavicchi, A., Spigarelli, F., Lacchè, L., Rubens, A. (2018). Universities and smart specialisation strategy: From third mission to sustainable development co-creation. International Journal of Sustainability in Higher Education, Vol. 19 No. 1, pp. 67-84. DOI:
  • Schlickmann, A., Pinheiro de Lima, E., Bortoluzzi, S. (2021). Assessment Tools and Performance Indicators for HEI. Environmental and Sustainable Development Education. DOI: 10.1007/978-3-030-59975-1_31
  • Skliar, I., Pedchenko, N., Strilec, V., Novikova, V., Kozmenko, Y. (2020). Assessment of the reforms and programs results of Ukraine’s economy sustainable development by means of neural networks. Problems and Perspectives in Management, 18(3), 81-92. DOI: https://doi. org/10.21511/ppm.18(3).2020.07
  • Silva Junior, A. Martins-Silva, P., Vasconcelos, K., Silva, V., Melo, M., Dumer, M. (2018). Sustainability Indicators for the Management of Brazilian Higher Education Institutions. BAR - Brazilian Administration Review. 15. DOI: 10.1590/1807-7692bar2018180003
  • Trunina, I., Khovrak, I., Pryakhina, K., Usanova, O. (2021). Life quality as an indicator of sustainable development: International statistical research. Journal of Geology, Geography and Geoecology. Vol. 30(4). pp. 762-780. DOI: 10.15421/112171
  • United Nations Knowledge Platform. Transforming Our World: The 2030 Agenda for Sustainable Development. Available online: Sustainable%20Development%20web.pdf (accessed on 20 December 2023)
  • Uteubayev, T., Petrova M.M., Lyubenova, I. Training of qualified specialists in the process of their education at the university: the role of the public-private partnership. CBU International conference proceedings 2018: Innovations in Science and Education, 21.-23.03.2018, pp.491-495. ISSN 1805-997X (Print), eISSN 1805-9961.
  • War in Ukraine: Reshaping the Higher Education Sector Analytical Report (2023), Available online: (accessed on 20 December 2023)
  • Zagorodnya, A., Chernukha N., Petrova, M. (2020). Contemporary trends of professional training specialists in the economic field at higher education institutions of Poland and Ukraine. Strategies for Policy in Science and Education, ISSN 1314–8575 (Online), ISSN 1310–0270 (Print), Volume: 28, Issue: 3, Pages: 249-260

Publish your science journal

If you like ACCESS journals system, you can publish your journal with us at a reasonable price