1Higher Education Innovation in China

Abstract

Preamble – university, innovation, and technological progress The role of universities is multi-faceted. First, they train the next generation of leaders, managers, and professional and technical personnel. Second, through research, they are engaged in the creation of codified knowledge in different forms – publications, patents, and prototypes. Third, they contribute to local and national economies through research commercialization, problem solving, and providing public space, to say the least (Abdullateef 2000, Cambridge-MIT Institute 2005, Mayer 2003, Poyago-Theotoky and others 2002). With the rise of the knowledge economy, universities are increasingly seen as a source of knowledge, innovation, and technological progress. Globally, the bulk of economic benefits of academic research comes from inventions in the private sector that build on the scientific and engineering base created by university researchers (Henderson and others 1998, Poyago-Theotoky and others 2002). In addition such innovations in basic and applied knowledge, faculty contributes to commercial inventions in the form of product development and process improvement. It is important to note that key ideas and major technological breakthroughs are often the product of cumulative research interactions and advances involving the flow of ideas and people back and forth across

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