Editorial. . . . . . . .
It is commonly understood that a proper interaction between technology and higher education will result in a good economy with a broad and comprehensive knowledge base. And a poor interaction between the two will result in a bad economy with a limited and thus insufficient knowledge base. Technology and Higher education are two sides of the same coin, much as globalization and technology are complementary, and a good interface between the two is a must-have for growth and progress in the modern global village. Investment has two purposes. On the one hand, it creates revenue, and on the other, it expands an economy’s productive potential. Similarly, the contemporary economy serves a dual purpose. It fosters technology on the one hand and research and development on the other (R&D). Unfortunately, the Indian economy in general and our State’s economy, in particular, don’t satisfy these two essential attributes of a modern economy and both are therefore underdeveloped. Technology and knowledge are not devils at all.
There are no excellent or terrible ideas or pieces of information. As a result of their excellent or bad contact, positive or negative discourses emerge. Consider that a proper interface/connection between technology and higher education is a must for the development of a techno-knowledge-based society and education of inquisitiveness, which is simply education with technical advancements.
The connecting link between research and development and knowledge economics, which are drivers of growth and development, will undoubtedly be a good interface/connection between technology and higher education. Technology and higher education have a two-way causal link, or bi-way causality. Technology is instrumental in bringing positive improvements to education in general, and higher education in particular. The advances enabled the transmission and dispersion of technology, making knowledge economics relevant with a multiplier impact on ideas, skills, and knowledge as they grow at an unprecedented rate, shrinking the planet and advancing higher education.
Higher education and technology are closely interwoven. The expansion of one accelerates the expansion of the other. The current economic inequities and unemployment, as well as previous job losses, are dependent not only on how we manage technology and globalization but also on how we manage technology and higher education.
In all conditions, how we manage technology will determine a better future. It is critical to establish a good connection between technology and higher education in order to reduce economic inequalities and achieve a fair distribution of income, output, and employment in an economy. This will attract prospective budding students and scholars to higher education, boost overall student engagement, and develop higher education, which will drive the country to growth and prosperity.
We must recognize that the link between technology and higher education necessitates policies that integrate knowledge, technology, research and development, and innovation into socially appropriate economic plans and tactics. It is critical to recognize that in today’s competitive world, changing growth and development is the ultimate result of proper coordination and cooperation between technology and society, as this proper coordination and management of technology and society ultimately leads to effective utilization of widespread resources, resource optimization, and full employment, meeting the needs of not only the current generation but also future generations, and so all.
The distinctions between different levels of education and different technologies must be recognized in order to comprehend the technology and higher education relationship (connection). However, understanding the true dynamics of the inter-relationship between technology and higher education is not the goal in itself. Understanding the relationship between the two will allow us to determine if technology and higher education are to blame for greater research, better skills, more knowledge, and more ideas. Perhaps introducing ‘knowledge economics’ as a separate course at the graduate and postgraduate level in our colleges and universities can help to strengthen the research and development sector. As a result, human capital will be created, which is a vital engine of growth and development.