News Report of EICC Global Innovation Webinar (5)--September 2021

New Normal and Rethinking:

Global Innovation in Post COVID-19 Era

Strategic Themes:

Global Trends, Opportunities and Challenges in Post Covid-19 Era for International Collaboration in the Global Higher Education, Global Economy and Science & Technology Innovation Strategic

The theme for September 2021:

Entrepreneurship and Innovation in the Global Higher Education in Post COVID-19

On the 27th of September 2021, the EICC 5th Global Innovation Webinar Series-- Entrepreneurship and Innovation in the Global Higher Education in Post COVID-19 was successfully held with participants and distinguished speakers from the UK, Korea, Uganda, and China. This Webinar is continuously supported and co-organized by United Nations Academic Impact (UNAI), Research Centre of Technology Innovation, Tsinghua University (RCTI), and China Association for Management of Technology (CAMOT), and is hosted by ELITE Innovation College Cambridge (EICC), United Kingdom.

Context and Rational

Entrepreneurship is more than simply “starting a business.” Entrepreneurship is a process through which individuals identify opportunities, allocate resources, and create value. This creation of value is often through the identification of unmet needs or through the identification of opportunities for making change. Entrepreneurship is not simply an inherited trait but to a significant extent can be learned and developed. Technological, social, and educational entrepreneurs are often more highly educated than the population average. Entrepreneurs often see “problems” not only as challenges but also as opportunities, then take action to identify the solutions to those problems and the clients who will pay to have those problems solved.

The term “innovation” never stops shining when Joseph Schumpeter, an Austrian economist, coined the term in his book “Economic Development Theory” in 1912. Innovation is central to the well-being of societies, as well as to the health and growth of commercial companies. Innovation is found to be statistically three times more important to growth than other attributes or factors. Innovativeness, including a propensity to engage in new idea generation and experimentation, is associated with performance and so is pro-activeness. It represents great leverage in creating economic value. Innovation manifests itself in many ways and is hazardous to predict, both in its timing and its consequences. The penalty for not innovating is enormous. Technological innovation, the successful exploration, and commercialization of new ideas must underpin ever higher value-adding products, services, and processes. Innovation is not limited to technological innovation only but is more diversified. Innovation leads to the future and changes the world.

During the pandemic, traditional education has been faced with unprecedented challenges. In this challenging time, no doubt universities have a strong commitment to providing the education of innovation and entrepreneurship, but they need to become more innovative and entrepreneurial. Universities need strategic thinking and creative thinking, innovation and entrepreneurship, global and local engagement, with a firm grasp of state of art technology and innovation.

The theme of the webinar for this month is Entrepreneurship and Innovation in the Global Higher Education in Post COVID-19. This webinar was chaired by Ramu Damodaran, First Chief of United Nations Academic Impact (UNAI), 2010-2021.

Two distinguished keynote speakers are Dr. Soon-Heung Chang, President of Handong Global University, Republic of Korea, and Professor Richard Li-Hua, Founder and President of ELITE Innovation College Cambridge, UK. In the panel discussion, two guest speakers are Professor Mutya Tomasi, Kumi University, Uganda, and Professor Sangwha Lee, Handong Global University, Republic of Korea. Professor Chen Jin, Director of Research Centre of Technology Innovation, Tsinghua University, gave the closing remarks at the end of the webinar.

We have heard fresh perspectives from our distinguished speakers on entrepreneurship, resilience, innovation, and creativity that are vital in tackling opportunities and challenges in global higher education in the post-COVID-19 era.

At the beginning of the Webinar, Ramu Damodaran gave his welcome remarks to the participants and audience from the UK, Korea, China, and other countries.


Keynote Speakers

Dr. Soon-Heung Chang

Dr. Soon-Heung Chang, President of Handong Global University (HGU), Republic of Korea, gave a speech on “Entrepreneurship and Innovation in Post COVID-19 Era”. At the beginning of his speech, he introduced HGU’s UNITWIN projects. HGU was designated as Korea’s first UNITWIN (=University Twinning and Networking), host university designated by UNESCO in April 2007, and has been running various UNITWIN programs to enhance higher education in developing countries. He highlighted that Handong Global University has been cooperating with 77 universities and 17 organizations in 35 partner countries, and educated around 31,000 professors, graduate and undergraduate students, government officials, businessmen and etc through more than 500 educational programs.