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Knowledge Economy and Corporate Education

Knowledge Economy and Corporate Education

Ram M. Vemuri, B. PanduRanga Narasimharao
Copyright: © 2013 |Pages: 20
ISBN13: 9781466628458|ISBN10: 1466628456|EISBN13: 9781466628465
DOI: 10.4018/978-1-4666-2845-8.ch001
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MLA

Vemuri, Ram M., and B. PanduRanga Narasimharao. "Knowledge Economy and Corporate Education." Evolving Corporate Education Strategies for Developing Countries: The Role of Universities, edited by B. PanduRanga Narasimharao, et al., IGI Global, 2013, pp. 1-20. https://doi.org/10.4018/978-1-4666-2845-8.ch001

APA

Vemuri, R. M. & Narasimharao, B. P. (2013). Knowledge Economy and Corporate Education. In B. Narasimharao, S. Kanchugarakoppal, & T. Fulzele (Eds.), Evolving Corporate Education Strategies for Developing Countries: The Role of Universities (pp. 1-20). IGI Global. https://doi.org/10.4018/978-1-4666-2845-8.ch001

Chicago

Vemuri, Ram M., and B. PanduRanga Narasimharao. "Knowledge Economy and Corporate Education." In Evolving Corporate Education Strategies for Developing Countries: The Role of Universities, edited by B. PanduRanga Narasimharao, S. Rangappa Kanchugarakoppal, and Tukaram U. Fulzele, 1-20. Hershey, PA: IGI Global, 2013. https://doi.org/10.4018/978-1-4666-2845-8.ch001

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Abstract

From the time a technological need is recognized to the time that it takes academia to produce graduates coming out of colleges with those skills already developed takes a long time, and if academia reacts to the needs of the technology then academia will always be playing a catch-up game since technology does not stand still while academia is working on churning out graduates with the requisite skills. This is a key reason why industry and academia should work together to have a vision of where technology is headed and design academic programs that will train the graduates for the future needs of technology. While this chapter has provided some examples where collaboration between universities and industry has lead to development of technology, there are a myriad of others covering various fields and disciplines. In a small chapter like this, it is not possible to cover all of this. With the advent of affordable telecommunication and transportation, the world is a lot smaller today than it was a few decades back. Retaining homegrown talent and nurturing the homegrown talent to contribute towards growing even more talent while attracting talent from across the globe will contribute significantly towards a knowledge economy that will be self-sustaining.

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