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Business Schools Around Asia to Work Together for Advancement

By November 2, 2016 at 9:09 pm
Asia Educaton (Photo : Getty Images/ William Thomas Cain)

In order to meet diversified industrial demands for advanced educational materials, business schools around Asian countries are looking for ways to work together, The Korea Times reported. 

"Collaboration among business schools in Asian countries will produce synergy as they have similar but unique cultures," Ruey-Shan Andy Guo, dean of the College of Management at the National Taiwan University, told The Korea Times.

Guo was in attendance at the annual conference of the Association of Asia-Pacific Business Schools (AAPBS) from Oct. 26 to 28. Around 100 professors and deans of business schools in the Asia-Pacific region joined the event. 

"For example, there are more small- and medium-sized companies than big ones in Taiwan, which represent various kinds of entrepreneurship," Guo explained. 

"I think the strength of Asian business schools is that we have more various business cases and models compared to European countries and the United States, because we have different cultures, different tastes and different ways of business."

The conference was established by the Korea Advanced Institute of Science and Technology (KAIST) in 2004, as a collaboration platform for the member schools, commented Park Sung-joo who serves as the first president of the association. 

A joint program named KIT (Korea, Indonesia and Taiwan) is expected to begin in January, 2017, as a collaboration between the National Taiwan University and the Universitas Prasetiya Mulya (UPM) in Indonesia. 

"The students can gather to have classes together in each others' countries," said Kim Tong-suk, dean of the KAIST College of Business. 

Due to many countries suffering from lack of faculty, there is also a plan to dispatch retired professors to overseas schools, Park shared. "It is a big problem to waste the talent of retired professors who are still energetic," he said. 

"For example, China currently needs more IT professors, and we have enough of them. But we need more leadership and strategy professors, who we may be able to bring from overseas schools. We can help each other." 

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