Coller Institute of Venture at Tel Aviv University STOP: wanting to be Harvard; CAUTION: you are not in Silicon Valley; GO: your own univenture path
The change looming over universities is a symptom – their absolute control over the production and application of knowledge is de-monopolized. In most cases, universities are currently neither the best places to do research, nor the best places to teach or learn, and no longer the best in creation of new ventures for the benefit of society. Universities used to own the Inception, Transfer and Use of knowledge, but now they stand to be replaced:
- In Research – because leading edge R&D can be carried out (and funded) very effectively in leading corporations
- In Transfer – because the emergence of MOOC-style online learning makes the knowledge accessible anywhere, and at a cost nowhere near the rising tuition fees of academia
- In Societal service – enabling innovative ideas to turn into ventures – because the creation of new ventures is increasingly driven by the financial and industrial worlds
Read this article for a review of this quandary universities face and the ways they can turn it into a new leadership opportunity.
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About the Authors:
 | Prof. Yesha Sivan – Executive Director, Coller Institute of Venture at Tel Aviv University |
 | Dr. Robyn Klingler-Vidra – Lecturer, King’s College London; Fellow, Coller Institute of Venture at Tel Aviv University |