The fourth industrial revolution - the most important challenge of higher education in Georgia
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Date
2019
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Ivane Javakhishvili Tbilisi State University Press
Abstract
World-renowned research centers are forecasting particularly rapid growth rates of
economy in anticipation of the Fourth Industrial Revolution. It is assumed that some of
the work will be replaced by artificial intelligence. Creation of completely new jobs is also
expected. And for those jobs that remain in the future, skills upgrades will be especially
relevant.
Undoubtedly, the country of the size of Georgia cannot determine the “weather” and
trends in the development of the world economy. It is especially difficult to select the correct vector of development in the above conditions. Against this background, it is necessary to define the priority directions of economic development of Georgia. It should focus on inclusive growth and production of inelastic demand products.
In order to introduce innovations, gain new niche in international markets and provide
economic leadership in the region, we think it is necessary to establish an entrepreneurial
model at the universities in the regions of Georgia. There should be room for effective functioning of the “knowledge triangle” and “triple spiral” models. Business incubators, Fablabs, Spinoffs, Technology Transfer Offices, Patent and Licensing Offices, Consulting and Training Centers and other structures promote commercialization of new ideas, lifelong learning (LLL), distance learning, organizing online courses and others.
Entrepreneurial universities provide the formation of integrated and effective policies
for education, science and business development in the country, exploring and identifying
the potential of the local economy at an appropriate level. The result will be the launch of
new business directions. The effectiveness of such a model is demonstrated by the successful examples of foreign countries discussed in the paper.
Entrepreneurial universities have a positive impact on the rates of innovation development
of the economy, as it improves almost all the indicators included in the innovation
capability of the Global Competitiveness Index.
The formation of entrepreneurial universities will help to improve not only the university
system, introducing new teaching approaches, more independent student work, engaging
them in research and developing new on-demand skills, but also enhancing the quality of
scientific researches and teaching in secondary schools. By fulfilling this function, it serves
as a cornerstone of the education system, which has to act as a major driving force (as evidenced by surveys of the entrepreneurial ecosystem conducted abroad).
Lastly, the formation of the entrepreneurial university model will best respond to the
function of governmental green economy and educational and economic hub function in
Georgia.
Description
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Keywords
Fourth Industrial Revolution, innovative development, entrepreneurial university, biotechnology, biotechnological research, mineral waters, medicinal plants
Citation
Economics and Business, №3, 2019, pp. 58-78