“…Reviewed studies also reveal that the aim of higher education institutions is to produce positive outcomes for all stakeholders: students, teachers, labour market, government and community at large (Baldridge, 2001;Daniel et al, 2006;Graumans, 2000;Hanna and Latchem, 2002;Pertrides et al, 2004). Therefore, the main purpose of these institutions is to deliver highly skilled professionals, who are able to continue their further development.…”