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Successful strategies to be learnt from world-class universities

Author

Listed:
  • Bejinaru Ruxandra

    (“Stefan cel Mare” University of Suceava, Suceava, Romania)

  • Prelipcean Gabriela

    (“Stefan cel Mare” University of Suceava, Suceava, Romania)

Abstract

Throughout the present paper we want to argue the idea that higher education is strongly linked with research, innovation, and competitive advantage and thus plays a crucial role not only for the individual and societal development but also in the process of delivering the National and European Strategy, to drive forward growth. Universities are the main actors responsible to provide the highly skilled human capital that Europe needs in order to create jobs, successful businesses, and prosperity. The ambitious aim to become a world-class university has its roots not just in rational (financial) considerations, but also in the symbolic role of such universities. The rankings made the competition between the states very visible and thus, are most commonly recognized as an indicator of success due to excellence-driven policies. Within this work we bring arguments and examples about which are the most efficient strategies of world-class universities. The first section of the paper we argue the roles of universities within nowadays economic and social world. The second section of the paper highlights the conceptual issue of world-class universities, the motivation and the determinants of such a goal. Within sections three of the paper we benchmark the key factors of two main international ranking (the THES and SJTU) and we analyse the successful strategies of famous world-class universities. According to the research conclusions and to our considerations we suggest that a valid option would be for universities to follow the international trend towards becoming a world-class university. Also an opportunity would be to develop themselves into learning organizations.

Suggested Citation

  • Bejinaru Ruxandra & Prelipcean Gabriela, 2017. "Successful strategies to be learnt from world-class universities," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 11(1), pages 350-358, July.
  • Handle: RePEc:vrs:poicbe:v:11:y:2017:i:1:p:350-358:n:37
    DOI: 10.1515/picbe-2017-0037
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    References listed on IDEAS

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    1. Henry Rosovsky, 2014. "Research Universities: American Exceptionalism?," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 2, pages 8-19.
    2. Gabriela PRELIPCEAN & Ruxandra BEJINARU, 2016. "Universities as Learning Organizations in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 4(4), pages 469-492, December.
    3. Viorel Lefter & Constantin Brătianu & Adriana Agapie & Simona Agoston & Ivona Orzea, 2011. "Intergenerational knowledge transfer in the academic environment of knowledge-based economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(30), pages 392-403, June.
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    Citations

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    Cited by:

    1. Ruxandra BEJINARU, 2017. "Dynamic Capabilities of Universities in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(4), pages 577-595, December.
    2. Ruxandra Bejinaru & Cristian Valentin Hapenciuc & Iulian Condratov & Pavel Stanciu, 2018. "The University Role in Developing the Human Capital for a Sustainable Bioeconomy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 583-583, August.
    3. Zhimin Liu & Goodluck Jacob Moshi & Cynthia Mwonya Awuor, 2019. "Sustainability and Indicators of Newly Formed World-Class Universities (NFWCUs) between 2010 and 2018: Empirical Analysis from the Rankings of ARWU, QSWUR and THEWUR," Sustainability, MDPI, vol. 11(10), pages 1-29, May.
    4. Băeşu Camelia & Bejinaru Ruxandra, 2020. "Knowledge management strategies for leadership in the digital business environment," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 646-656, July.
    5. Ruxandra BEJINARU, 2017. "Universities in the Knowledge Economy," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(2), pages 251-271, June.
    6. Neamţu Daniela Mihaela & Bejinaru Ruxandra & Hapenciuc Cristian Valentin, 2020. "Challenges and opportunities for creative-innovative clusters partnerships," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 1057-1070, July.
    7. Aithal, Sreeramana & Aithal, Shubhrajyotsna, 2019. "Building World-Class Universities : Some Insights & Predictions," MPRA Paper 95734, University Library of Munich, Germany.
    8. Bejinaru Ruxandra, 2018. "Assessing students’ entrepreneurial skills needed in the Knowledge Economy," Management & Marketing, Sciendo, vol. 13(3), pages 1119-1132, September.
    9. Neamţu Daniela Mihaela & Hapenciuc Cristian-Valentin & Bejinaru Ruxandra, 2019. "The Impact of Digitalization on Business Sector Development in the Knowledge Economy," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 479-491, May.
    10. repec:aud:audfin:v:20:y:2018:i:49:p:583 is not listed on IDEAS
    11. Daniela Mihaela Neamțu & Cristian-Valentin Hapenciuc & Ruxandra Bejinaru, 2019. "Reflections of Data and Theory of Leadership Communication Strategies," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 558-566, December.

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