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Governments are becoming increasingly aware of the important contribution that high performance worldclass universities make to competitiveness and economic growth. As a result, there is growing recognition of the need to establish worldclass universities that can compete effectively with the best of the best. This book explores what are the challenges involved in setting up globally competitive universities, also called elite , or flagship universities. The document starts by attempting to construct an operational definition of a worldclass university. It then outlines possible strategies and pathways for establishing such universities, and reviews the challenges, costs and risks associated with each approach.
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