The Indispensable University

Higher Education, Economic Development, and the Knowledge Economy

By (author) Eugene P. Trani, Robert D. Holsworth Foreword by Timothy M. Kaine

Publication date:

16 March 2010

Length of book:

304 pages

Publisher

Rowman & Littlefield Publishers

ISBN-13: 9781607090793

The Indispensable University describes the innovative transformation of institutions of higher education (HEIs) across the world, in response to the emerging realities of the twenty-first century global knowledge-based economy, as well as describes how HEIs are defining many of today's economic realities on a regional level. HEIs continue to drive economic development through their traditional roles of purchaser, employer, real estate developer, workforce developer and community developer. But these roles now must be executed more strategically and collaboratively. Also, the twenty-first century economy offers universities unique opportunities to generate the intellectual and financial capital that drives emerging knowledge-based industries.
Case studies are drawn from: urban America; rural America; Europe; the Middle East; and emerging countries. Some of the topics covered include the following: the role of university presidents as change leaders; the relationship between higher education institutions and the political leadership of cities, states, and nations; successful models of partnerships between higher education and the private sector; and future challenges and opportunities facing the modern university.
Indispensable Universities addresses timely and increasingly universal issues in ways that seem to me to be accessible to audiences whose members need the reasoning and information that is provided. It has been a pleasure to read and reread the manuscript. It is imaginative and informed and it has gravity. Its evidentiary basis is solid. It reflects the sound of two wise men talking about matters on which they are utterly qualified to speak. Not many books can claim to do that. I can imagine this book as the kind of standard work that university leaders as well as state and federal policy makers will have to read.