Higher Education Innovations: Republic of Korea; Hong Kong, China; and Indonesia

Abstract

Universities and higher education institutions play a critical role not only in human capital development and nation building, but also in innovation systems. With the Fourth Industrial Revolution, there is more pressure on educational institutions to quickly adapt and form innovative strategies to cope with disruptions and possible threats posed by rapid technological advancements. Hence, it has been suggested that a country has at least one world-class research university to benefit from these developments. While there is no universal ideal formula to achieve such “word class” status, successful models commonly involve investing in competent talent, placing an emphasis on international collaborations, and fostering government-academe-industry linkages.