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JOURNAL OF STRATEGIC INNOVATION AND SUSTAINABILITY
Innovative Education: Public-Private Partnership for Developing International Trading Talent
Author(s): Ravi Kumar, Tan Boon Seng
Citation: Ravi Kumar, Tan Boon Seng, (2018) "Innovative Education: Public-Private Partnership for Developing International Trading Talent," Journal of Strategic Innovation and Sustainability, Vol. 13, Iss. 2, pp. 83-93
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The education sector is often criticized for the growing gap between what business needs and what education provides. This paper discusses an innovative use of tripartite public-private partnership (PPP) of the government, university and industry partners to design, build, operate and finance the delivery of the international trading program (ITP) in Nanyang Technological University (NTU) as a complement to the contracting model of government provision and university production of education. The program operation is institutionalized with a centre of excellence and its advisory board. A corporate partnership scheme provides the financial foundation and industry commitment to ensure program sustainability.
