Dr. John Psarouthakis, Executive Editor, The Business Thinker; Founder and former CEO JPIndustries, Inc., a Fortune 500 industrial corporation. CV Click here
The changes in culture, markets, and technologies experienced by manufacturing has had a rippling effect into to those institutions charged by societies with the integration of new knowledge.
As we move on further into the 21st century, if we look closely at our university systems we will see that they have, in effect, “reinvented” themselves. Universities are coming to terms in a very proactive sense, with the whole problem of technology change, technology transfer, and the rapid commercialization of technology into useful products and processes.
One way in which this is manifesting itself is the ever increasing exchanges of money, people, and ideas between the university and the industrial sector.