Israeli Entrepreneur Plans a Free Global University That Will Be Online Only

Source: New York Business Times

An Israeli entrepreneur with decades of experience in international education plans to start the first global, tuition-free Internet university, a nonprofit venture he has named the University of the People.

“The idea is to take social networking and apply it to academia,” said the entrepreneur, Shai Reshef, founder of several Internet-based educational businesses.

R&D Spending Robust

I have always thought of R&D spending as a big black hole. Loads of money have been pumped in for a number of years now, but yet, there hasnt been much tangible results seen. Personally, I would like to understand more on the Key Perfomance Indexes/Yardstick being used to measure the success of such spendings. The local universities are always more focused on scientific publications, which in my humble opinion, does not really translate into usefulness in the world of today. I would like to see more commercialization of products and/or intellectual property being filed as a result of these massive R&D spending.

Share your thoughts

Research brings rewards

I think most of us are more familiar with the real business world rather then the research goings in business schools. For those interested in pursuing the intellectual challenges of research in business schools.

With Maths and Science

My Investment Banker friend was back in Singapore from the States for a holiday. She was surprised at the number of us who took Science degree in University. In the United States, she exclaimed, only those who want to do Medicine, will do a course in Science, since that is a pre-requisite.

Overseas Scholarships & Bond Breakers

I have friends, and friends of friends, who are on overseas scholarships, and have been offered a lucrative job by the private sector. Some gave in to the temptation, others battled hard and long within themselves, and the rest wanted to serve out their bond.