In an interview yesterday with the Chronicle of Higher Education, Bill Clinton highlighted the crucial role of American colleges and universities in a world that is, in his words, “unequal, unstable and unsustainable.” The back story to the President’s vision involves both good news and bad news. The bottom line is maximizing the impact of these great institutions is not simple but definitely worth the effort.
First, the good news. If you are looking for a long term bet on drivers of innovation in our society, universities are the place to start, because they are going to be around long after the newest “flavor of the week” has come and gone. Consider the following: Of the 85 institutions in existence since 1522, 70 are universities (two others are the British Parliament and the Catholic Church). As Dean Roger Martin recently told me, universities have long runways. Increasing their impact may take a while but you can be sure it is worth the effort.
To read the full, original article click on this link: READ: Responding to Clinton | Engines of Innovation
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