Full Description
We live in a golden age of technological innovation and commercialization, which has enhanced value creation and prosperity and significantly transformed our daily lives from physical to digital. While universities have played a critical role in this transformation, they now see enormous challenges in sustaining the discoveries, inventions, and innovations brought on by rapid technology obsolescence and even faster commercialization driven by transformational digital technologies. Innovation and the 21st-Century Research University examines the limitations of commercializing fast-paced innovation within today's university systems and outlines a way forward for a new generation of foundational institutions to create an end-to-end seamless value chain. The authors share their vision for a new educational, R&D, and incubator ecosystem for the 21st Century that will continue to drive science and technology, research, and innovation for societal good at the local, regional, national, and global scale and offer a new age of digital equity, growth, and prosperity.
The authors, both business and academic leaders with diverse technology industry experience, offer critical insights into the complex and evolving world of innovation, R&D, deep tech, entrepreneurship, and commercializing innovation. It is a must-read for anyone interested in understanding the structural and systemic reforms needed in our education system and their impact on higher education and future generations.
Contents
Section 1 - 5000 BC to 1850 AD: A Historical Perspective.- How Universities Shaped Great Empires and Civilizations of the Past.- What Enabled the USA's 20th Century Growth - The American Century.- Emergence of Land Grant Universities in the USA.- Evolution and Role of Private University System,- Section 2 - 1850 AD to 2020 AD: Industrial Age and Build-up of Innovation Logjam.- Success of Land Grant and Private Universities in the 20th Century - What Happened After the First Cold War - 30 Years of Innovation Logjam Build-Up.- Limitations and Ineffectiveness of Commercializing Today's University R&D.- Internet, Web, and AI Enable New Ways to Teach, Learn, and Commercialize Innovations.- Section 3 - 2020 AD to 2050 AD: Creating 21st Century Innovation University System.- Transforming and Realigning Existing Five Pillars of Knowledge to Digital Age.- Focus on Applied R&D in Innovation University.- Bridge to Commercialize Technology Innovations for Scale and Impact.- Reforming and Adapting Professional Schools into Innovation University.- Integrating On-Campus, Near-Campus, and Off-Campus Innovation Ecosystems.- Financing Innovation University.- Section 4 - New Frontiers of Growth.- How Innovation University Can Unleash the Full Potential of All in the Digital Age.- New High School Diploma in the 21st Century - Innovation and Entrepreneurship.- Impact on Equity, Prosperity, and New Frontiers of Knowledge.- Epilogue.