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By Eugene P. Trani

The integral University describes the leading edge transformation of associations of upper schooling (HEIs) internationally, in line with the rising realities of the twenty-first century worldwide knowledge-based financial system, in addition to describes how HEIs are defining a lot of trendy fiscal realities on a nearby point. HEIs proceed to force fiscal improvement via their conventional roles of shopper, agency, genuine property developer, crew developer and neighborhood developer. yet those roles now has to be done extra strategically and collaboratively. additionally, the twenty-first century economic system deals universities particular possibilities to generate the highbrow and fiscal capital that drives rising knowledge-based industries.
Case stories are drawn from: city the USA; rural the US; Europe; the center East; and rising nations. a number of the themes coated comprise the next: the position of college presidents as swap leaders; the connection among better schooling associations and the political management of towns, states, and countries; winning versions of partnerships among greater schooling and the non-public quarter; and destiny demanding situations and possibilities dealing with the fashionable collage.

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Extra resources for The Indispensable University: Higher Education, Economic Development, and the Knowledge Economy

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We succeeded in establishing the institution-to-institution collaborations: four of the partnerships are in Europe or the British Isles, and eleven have been formalized with institutions that are primarily in highly populous nations that are experiencing significant population growth and social transformation. CONVERGENCE OF INTERESTS When the administrative teams of our partner institutions visit and discuss common issues, the issue to which our visitors constantly return is how we have organized our university to foster economic development and promote regional goals.

Pdf (accessed September 10, 2007). Eugene P. Trani, Richmond at the Crossroads: The Greater Richmond Metropolitan Area and the Knowledge Based High Technology Economy of the 21st Century (Richmond: Virginia Commonwealth University, 1998). ” 16. Oxford Economic Observatory, “A New Eye of the High-Tech Economy: The Oxford Economic Observatory. html (accessed September 14, 2007). 17. pdf (accessed January 16, 2008). Amel Ahmed Hassan Mohamed, “Distance Higher Education in the Arab Region: The Need for Quality Assurance Frameworks,” Online Journal of Distance Learning Administration 3, no.

Petersburg State University, they are extremely interested in how we developed a research park adjacent to the university to foster new start-up companies and generate high-tech employment for the local area. The challenges of higher education are often culture- and country-specific, but we have come to understand that the relationship of universities to the global knowledge economy is quickly transcending nation-specific concerns. 11 In many countries, the need for highly skilled individuals has opened up access to universities to individuals who may have previously been excluded.

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