THE CONCEPT OF INSTITUTIONAL TRANSFORMATION IN VOCATIONAL EDUCATION INSTITUTIONS AND ITS THEORETICAL FOUNDATIONS

This article examines the concept of institutional transformation in vocational education institutions and explores
its theoretical foundations in the context of modern socio-economic development. The study analyzes key drivers of
transformation, including technological change, labor market dynamics, and policy reforms, and highlights their impact
on governance models, curriculum design, and stakeholder engagement. Particular attention is given to theoretical
approaches such as institutional economics, human capital theory, and new institutionalism, which provide a conceptual
framework for understanding transformation processes. The findings indicate that effective institutional transformation
requires the integration of flexible, competency-based education systems, strong links with industry, and the adoption
of innovative teaching and management practices. The article also emphasizes the importance of aligning vocational
education with labor market needs and enhancing its social relevance and attractiveness