Higher education

An Entrepreneurial Development Framework for Institutions of Higher Education

July 1st, 2017

Introduction

With increased globalization people have seen the need to increase wealth creation especially within the underdeveloped Third World. It has also become evident that neither the government nor the formal sector can supply the necessary job creation without a sustained effort and partnerships between all sectors of the economy. One means of creating work opportunities will be the development of entrepreneurial and innovative skills within the country. The creation of such job opportunities by encouraging entrepreneurial innovation has been well illustrated by Dana, Korot and Tovstiga (2005:12) in Silicon Valley, Israel, Singapore and the Netherlands. These authors report that in the narrow 35 mile by 10 mile corridor within Silicon Valley 6,500 technology enterprises are located. Singapore is home to almost 100,000 entrepreneurs and had a per capita GDP of US$42,948.00 during 2004 and an annual growth rate of 8.8% (Singapore Statistics, 2006).

Continue Reading…

Higher Education and Society

June 24th, 2017

Institutions of education, and the system of which they are a part, face a host of unprecedented challenges from forces in society that affect and are influenced by these very institutions and their communities of learners and educators. Among these forces are sweeping demographic changes, shrinking provincial budgets, revolutionary advances in information and telecommunication technologies, globalization, competition from new educational providers, market pressures to shape educational and scholarly practices toward profit-driven ends, and increasing demands and pressures for fundamental changes in public policy and public accountability relative to the role of higher education in addressing pressing issues of communities and the society at large. Anyone of these challenges would be significant on their own, but collectively they increase the complexity and difficulty for education to sustain or advance the fundamental work of serving the public good.

Continue Reading…

Governor Foster Furcolo and His Vision on Public Higher Education in Massachusetts

June 17th, 2017

More than 2,000,000 students or almost 43% of the college level student population annually would never have the opportunity to attend public higher education in Massachusetts unless the Governor Foster Furcolo’s passionate and untiring struggle to set up 15 Community Colleges within the state was not successful in 1950s. As the Republicans’ Editorial correctly expressed in September 2009, his services were long forgotten by the politicians. In appreciation of his services Massachusetts general laws were amended, only two years back, to designate the 15 Community Colleges Collectively as the “Governor Foster Fucolo’s Community Colleges.” At a time when the private higher education was dominant, and had access mostly to the students from well to do families, Governor Furcolo opened the door for public higher education to those who could not afford to attend costly private educational institutes. He wanted the colleges to locate closer to communities, provide the education at a lower cost to the individuals as well as to the state, meet the demands of the rising manufacturing and service sectors, and to raise the income of families and the revenue of the state in the long run. The benefits of his intelligent foresight could be seen clearly in the Massachusetts economy and society today.

Continue Reading…