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Linking higher education and economic development

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Linking higher education and economic development

IMPLICATIONS FOR AFRICA FROM THREE SUCCESSFUL SYSTEMS

Pundy Pillay

HE RAKA

OHET

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I l l

Contents

List of tables and boxes v List of acronyms and abbreviations vi Preamble vii Acknowledgements ix

CHAPTER 1 : SYNTHESIS

Introduction 1 Synthesis of the Finland case study 3 Synthesis of the South Korea case study 10 Synthesis of the North Carolina case study 16 The role of higher education in economic development 21 Common threads and differences 25 Some possible implications for African countries 26

CHAPTER 2: FINLAND

Education and the economy 33 The higher education system 35 Research and development 38 The regional role of higher education 41 Higher education and the innovation system 43 Higher education-industry linkages 45 Higher education and quality 48 Higher education-labour market linkages 50 Financing higher education 51 Recent changes in the Finnish system 52 Concluding observations and implications for African countries 53

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IV

CHAPTER 3: NORTH CAROLINA

The higher education system 55 The North Carolina Community College System 57 University-industry linkages: The case of NCSU 59 Identifying future challenges in higher education:

The UNC Tomorrow Commission - 63 Concluding observations and implications for African countries 68

CHAPTER 4: SOUTH KOREA

South Korean economic development 71 Education and economic development 73 Education financing 77 The higher education system ' 79 Higher education challenges 81 University-industry linkages 87 Concluding observations and implications for African countries 88 References 97 Appendix 1: List of interviewees 98 Appendix 2: Recommendations of the UNC Tomorrow Commission 100

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