James J. Duderstadt, University of MichiganToday, our world has entered a period of rapid and profound economic, social and political transformation driven by knowledge and innovation. Educated people, the knowledge they produce and the innovation and entrepreneurial skills they possess have become the keys to economic prosperity, public health, national security and social well-being. It has become apparent that economic strength, prosperity and social welfare in a global knowledge economy will demand a highly educated citizenry. It will also require institutions with the ability to discover new knowledge, to apply these discoveries and transfer them to the marketplace through entrepreneurial activities….
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