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This paper examines students' views about the purpose of university education and its role in their future employability in Kazakhstan and Tajikistan. Data was gathered through focus groups with 172 undergraduate students. Findings suggest that due to socio-economic pressures, students largely see the purpose of university in terms of its economic value, namely enhanced access to employment opportunities and improved financial wellbeing. While future career prospects are key motivation to pursue a university degree, this study shows that the perceived role of university credentials in employability is declining. Due to an oversupply of graduates and limited employment opportunities, employers have raised the bar for qualifications to select job candidates. Coupled with an undergraduate degree perceived as an 'incomplete degree', students are driven to earn more educational credentials; leading to a greater supply of graduates and what appears to be a widespread occurrence of 'diploma disease'. [ABSTRACT FROM AUTHOR]

University-industry research partnerships are crucial for promoting university entrepreneurship. Faculty as key instigators play a critical role in developing such partnerships. Previous studies demonstrate that faculty engagement depends on a diverse set of factors. Drawing on individual interviews with 76 faculty members from eight public and private universities in Kazakhstan, this study explores factors affecting faculty decisions to engage in industry research partnerships in a developing country. Applying the personal engagement theory, we found that despite perceiving industry partnerships as personally meaningful and being driven by extrinsic and intrinsic motivations, faculty engagement in industry research partnerships in Kazakhstan is limited. The reasons for this are faculty members' feelings of low safety and availability caused by structural-, organisational- and individual-level barriers and challenges. We also found that some of these barriers and challenges can be more specific for developing countries that tend to have immature economies, suffer from corruption, have limited research capacity, and invest less in research activities. [ABSTRACT FROM AUTHOR]