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Entrepreneurship, Information Technologies, and Educational-Based Virtuous Circles in Post-Industrialized Economies
Abstract
Information Technologies are transforming traditional educational models based on new communication skills. Using a comparative analysis, the scope of this work is two-fold: (1) to study the importance of entrepreneurship and R&D in tertiary education and (2) to analyze which conditions must change in order to contribute to adopt this new IT-based model by the more traditional countries or university institutions that do not research, arguing they are focused on short-term goals only. Using a single OLS econometric model, the author demonstrates that R&D in companies and universities, both public and private, are complementary, R&D applied in education guarantees future positive externalities and creates IT educational societies, while globalization favors capital and human resources mobility, not only nationally but also internationally.
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