Title: Modern journeyman or contemporary ERASMUS students - serving Europe's knowledge-based economy

Authors: Janka Huják; Cecília Sik-Lányi

Addresses: Faculty of Business and Economics, University of Pannonia, Egyetem Street 10, Veszprém 8200, Hungary ' Department of Electrical Engineering and Information Systems, University of Pannonia, Egyetem Street 10, Veszprém 8200, Hungary

Abstract: This article introduces the European Union's ERASMUS program, a structured student mobility program, whose aim is to serve the growth of the EU's intellectual capital. Students participating in the ERASMUS are modern journeyman, who travel abroad to gain knowledge and skills, and then return to their home country to make use of the experiences earned abroad. Unlike in the Medieval Europe, where young men travelled on their own, the 21st century offers a structure for such mobility. Since the EU has realised the importance of the intangible assets, such as intellectual capital, student mobility has a supporting environment. It will be shown how the ERASMUS program is connected with the EU's policy and where its roots come from. Moreover, an example from Hungary will be presented and the connections that can be found with Asia's student mobility.

Keywords: ERASMUS program; international student mobility; lifelong learning program; LLP; European Union; higher education; intellectual capital; Hungary; Asia; Europe.

DOI: 10.1504/IJLIC.2017.084072

International Journal of Learning and Intellectual Capital, 2017 Vol.14 No.2, pp.177 - 191

Received: 18 Jul 2015
Accepted: 01 Jul 2016

Published online: 09 May 2017 *

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