Innovation in higher education; will there be a role for “the academe/university” in 2025?

Abstract

This paper focuses on the innovation management (or lack of it perhaps) of Higher Education as a sector, highlighting examples of practice from industry and private providers that suggest the university needs to start engaging in this agenda if it is to remain a sustainable entity beyond 2025. The paper presents five scenarios for the future of Higher Education underpinned by drivers of funding, the ownership and exploitation of ‘research’, the provision of good ‘teaching’, and the potential missing link of social innovation development. By refocusing on facilitating social innovation, the university can find a new means of adding value to society that will sustain its existence beyond 2025.