Abstract
Institutions of higher education are facing problems in meeting employment, utilizing new technology while staying globally competitive for faculty and research. I believe that educational leaders, teachers, and policy makers have to respond to the provision of individualized mass education with a greater sense of quality assurance and at a lower financial cost. The university’s role in the nation’s economy is to increase its ability to transfer research to industry, generate new inventions and patents.
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Peters, M.A., Liu, TC., Ondercin, D.J. (2012). The Economics of Open Education. In: The Pedagogy of the Open Society. Open Education, vol 1. SensePublishers, Rotterdam. https://doi.org/10.1007/978-94-6091-967-1_5
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DOI: https://doi.org/10.1007/978-94-6091-967-1_5
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