Globalization of Faculty,Students, and Programs

ABSTRACT

The objective of this paper is to develop a comprehensive approach to globalization of the educational effort in business colleges that is meaningful within the context of available resources and public funding. More specifically, the objective is to inventory approaches that have been used in the past to produce successful results and introduce new approaches more suitable to present needs. This strategy proposes that a successful globalization effort relies on three fundamental concepts: (1) strong commitment from the administration on all levels of the university; (2) strong leadership from faculty to develop, operationalize, and manage the globalization effort; and (3) clear encouragement of interested students and commitment from administration and faculty that they will benefit from their participation in the globalization effort of the university.     

Faculty entrepreneurship and economic development: The case of the University of Calgary

The common perception of universities as merely institutions of higher learning is giving way to one where universities are viewed as engines of economic growth and development. This study documents the entrepreneurial activities of the faculty of the University of Calgary, as well as the impact the University has had and the impact its recent budgetary problems might have on such activities. Results indicate that nearly 100 new ventures with at least one full-time employee were started by faculty or were started as a consequence of significant faculty inputs. These ventures, in turn, have generated at least 723 new jobs in Alberta. Furthermore, our projections suggest that faculty entrepreneurs will create approximately 14 ventures per year in the near future. Implications for the role universities and governments should play to encourage faculty entrepreneurship are discussed.