When system risks are high most investors choose to exit the market; however, there are some contrarian investors who opt to make investments. The authors analyzed the main goals of the investment process and measures that should be provided by the government to stimulate investments and innovation especially by means of investment banking. The…

Innovation and entrepreneurship are two very important ingredients in the continuous economic growth of Singapore. This article describes and analyses how Singapore attempts to develop innovation and entrepreneurship through initiatives at the national level and at the universities and schools level. In particular, the article examines the recent…

Over the past several decades, numerous arguments have been made advancing the notion that the failings of the public education system in the United States have placed the nation's national security or economic prosperity at risk. This article will examine some of these "crises" and explore how arguments claiming that the shortcomings of…

This article examines the Japanese response in terms of innovation capacity and entrepreneurship enhancement under the ever-changing economic environment. Particular focus would go to the interactions among government, industry and universities in the national innovation system at a macro level, and entrepreneurship education at the institutional…

In the last few decades, in the wake of three major crises in political faith and the overall instability that followed the end of the Cultural Revolution, the post-Mao Chinese government has sought to improve the lives of its citizens and to restore political legitimacy through rapid economic growth that has focused almost exclusively on GDP.…

The article looks at two important documents in the context of education policy in Ireland: the Higher Education Authority's "Strategic Plan 2008-2010" and the Government's report, "Building Ireland's Smart Economy." It demonstrates how the entrepreneurial student is fabricated out of particular truths told about the present…

Previous empirical literature finds that government expenditure on higher education has a negative, or null, effect on U.S. economic growth rates. This empirical result may be driven by omission of an important variable--the privatization of higher education. Using state-level panel data from 1970 to 2005, this analysis investigates whether the…

The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…

Governments across the world are investing large amounts of money in scientific research, often with the belief that such investments will increase economic growth--yet the scientific evidence for this belief is, as Colin Macilwain notes, "patchy." Science agencies are charged with identifying and funding the best science, yet there is little…

The paper reviews Asia-Pacific higher education and university research, focusing principally on the "Confucian" education nations Japan, Korea, China, Hong Kong China, Taiwan, Singapore and Vietnam. Except for Vietnam, these systems exhibit a special developmental dynamism--still playing out everywhere except Japan--and have created a…

Britain's universities are going through another period of reform, although in reality it might be better to describe current conditions as the latest stage of a permanent revolution that began some forty years ago. This time, however, there is a very real possibility that the new cost-cutting coalition government will inflict lasting and serious…

Education is the key to American competitiveness and a strong economy, and continued federal investment in education is needed in order to support improvements in student achievement and put American economy on the path to sustained growth. The United States must continue to invest in education in order to create a system that is more equitable…

The end of World War II heralded an era of urban disinvestment in the United States. While some cities began to rebound in the 1990s with population and economic growth, others--including large cities like Detroit, Cleveland, and St. Louis as well as many smaller cities and towns--did not, and have continued to decline. As these communities…

Skeptics question whether infusion of billions of dollars for education in the economic-stimulus bill before Congress would actually give a healthy jolt to the economy. The bill would help thousands of students pay for college and could give colleges money to fix crumbling buildings. Some members of Congress are calling for the removal of…

International education, particularly study in Australia, provides significant economic benefits for Australia. It is both a major export industry and a source of domestic economic growth. If Australia can attract talented international students through scholarships and a reputation for quality, they will return to their home countries to become…