Association of Universities of
Asia and the Pacific (AUAP)
INNOVATION & ENTREPRENEURSHIP
I-SHOU UNIVERSITY, KAOHSIUNG, TAIWAN
NEAL KING, PHD
CHAIR, BOARD OF DIRECTORS &
PRESIDENT EMERITUS, IAUP
IAUP invites AUAP
(1) Joint Membership
(2) May 2016/ Madrid
Iaup2016.uah.es
Main Topic: The
University
 Historically: universitas magistrorum et
scholarium = "community of teachers and
scholars”
 PAST: An elite enterprise, funded by the
church, the state, or the crown
 Workers = a separate class; apprentices,
not students = not at university
New/ Evolving Paradigm
 Access for all (UN Academic Impact)
 Redistribution of wealth and social class
 Changes in Social Contract
 From: society pays to individual pays
 Explosion of Funding Models
 Traditional + for-profit (public & private) (Brazil; former
Soviet Union)
 Unprecedented Competition
 Tertiary Education is now international business
The University
 Aspiration:
Open to all – 7.3 billion worldwide
and counting (UN Academic Impact)
 Career + life preparation = key to prosperity
 Competitive for funds as never before
 Vast range of definition, mission and structure
 Future: we are creating it…survival of the fittest
 Free? / Online?
 Degree Alternatives (badges, certificates)
Factors: New Paradigm
Interdependent Global / World Economy
 Demographics: Access for all (Education
Works; Developing World)
 Technologies: Internet.org = FB,
Ericsson, Qualcomm, Nokia, Samsung
“working together to bring the Internet to
the 2/3 of the world’s population that
doesn’t have it yet” (Zukerberg)
 Digital Natives, Digital Divide &
Social Media: Shrinking the World &
The Relevance Challenge

UN Academic Impact: Revolutionary
A commitment to support and advance ten basic principles (3 are here):
(3) A commitment to educational opportunity
for all people regardless of gender, race,
religion or ethnicity;
(4) A commitment to the opportunity for every
interested individual to acquire the skills and
knowledge necessary for the pursuit of higher
education;
(5) A commitment to building capacity in higher
education systems across the world…
WHY an entrepreneurial university…
 End of the “Ivory Tower?”
 New (egalitarian) Social Contract
 The journey to become an entrepreneurial
university = university as a business
 Emerging business/funding models (loss of funds)
 Online
 Ancillary revenue streams: MONITIZE
 Partnerships
 Outsourcing
 Merger & Acquisition (USA)
Diverse Sources
of Revenue
 Traditional
Tuition
State/crown/church
assistance
Dormitories & meal service
Athletic teams
Grants and contracts
Gifts, bequests, endowments
Diverse Sources of Revenue (2)
 Outsource non-essential functions
 Parking
 Residence halls
 Monetize the learning itself
 Farming cooperatives (Liberia)
Fruits and vegetables
 Wines (Liberia + USA)

 Maximize facilities (like the airlines)
 Events
Wedding venue (Australia)
 Conferences & Community Programs/ Workshops
 Government & Licensure Programs

Conclusion
 Agility/Fluidity
 Not attached to old models
 Innovation to meet emerging needs and competitors
 Creativity
 Constantly seek out new revenue streams & sources
 Staying Current
 Pedagogies/ delivery methods
 Market trends
 Technologies
 Training faculty accordingly