New Delhi, May 25 (IANS) Calling for international cooperation in the field of education, Human Resource Development Minister Kapil Sibal Tuesday said new frontiers of knowledge cannot be conquered without collaboration.
‘The time has come to start a dialogue across countries as new frontiers of knowledge cannot be conquered without collaboration. All of us, in this globalised world, have a stake in each other’s future,’ Sibal said at India-United Arab Emirates (UAE) Forum in Dubai, according to an official release here.
‘The globalisation of higher education has added newer challenges in terms of quality assurance system, issues of mutual recognition and equivalence of degrees and transparency in the regulatory structures of national systems of higher education. These challenges can be largely addressed by increased regional and international collaboration,’ he said.
The minister said countries can emerge as providers of cost effective solutions to global community by developing their knowledge resources.
‘Developing countries would emerge as the providers of solutions for the global community, which would be cost effective, and thus, effective for the entire world, in contrast to high cost solutions emerging from the developed world,’ he said.
Sibal said creation of intangible asset through generation of knowledge is the key for future development.
‘The nature of wealth is shifting from acquisition of labour and capital to acquisition of intangible assets,’ he said.
