Gaurav Sood, Business World
“Education needs to be aligned with the fundamental changes in the nature of work and address the issue of employability”, excogitated Albert Einstein. The concept of what a University ought to be has changed over a period of last 50 decades. Well countries are moving towards the “Knowledge Economy” model of development and the Universities are bound to play a more constructive role and take up a leadership position in globalization and technological advancements. “Knowledge Economy” a term coined by Peter Drucker (1969) in his book,TheAgeofDiscontinuity, discerns four major areas of discontinuity – (1) the impact of the new technology on the industrial structure; (2) the shift from an “international economy,” to a “world economy” which as yet lacks policy, theory, or institutions; (3) a new sociopolitical reality, embracing business, government, and other pluralistic institutions, which poses drastic political, philosophical, and spiritual challenges; (4) the rising importance of knowledge and of formal education, with resulting implications for work, life, leisure, and leadership.
http://bweducation.businessworld.in/article/The-Future-4-0-University/25-12-2018-165515/
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