City to City: Universities & the Innovation Economy

The universities play a critical role and one we should emulate. The first is obvious – they emphasize science and math in K-12 and produce more engineers and scientists! I am a big fan of liberal arts education, but in this digital world, the new industries require more PhDs in these areas.

I’m in Tel Aviv, Israel after several days in Haifa as our "City to City" http://www.policyschool.neu.edu/news/?nid=133 team completes its investigation of this country’s experience with start ups and innovation.

Israel leads the world in percent of GDP spending on civilian R&D and in the number of engineers, scientists, & PhDs per capita. It also has more companies listed on NASDAQ than any country other than the US.

by David Begelfer

Full Story: http://naiopmablog.org/2010/11/22/city_to_city_universities_and_innovation_economy/