Page 150 - A Handbook for Academia, Industry and Policymakers: Reinforcing the Innovation-Employability Nexus in the Mediterranean
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150  REINFORCING THE INNOVATION-EMPLOYABILITY NEXUS IN THE MEDITERRANEAN                                                                                   REINFORCING THE INNOVATION-EMPLOYABILITY NEXUS IN THE MEDITERRANEAN  151


            Glossary                                                                                                               Experiential learning                             an existing good, the introduction of new methods of
                                                                                                                                                                                     production (process innovation), the creation of a new
                                                                                                                                   Experiential learning is learning by doing and can be
                                                                                                                                   undertaken through internship, field study, practicum,   market, the conquest of a new supply source and the
                                                                                                                                   work placement, cooperative learning, apprenticeship,   creation of a new type of organisation (i.e. administrative
            Alumni                                            origin, cultural, political or religious affiliation, physical       research, fellowship, clinical experience, simulations,   innovation). Innovations thus include a level of newness.
            Graduates of a particular university.             or mental condition and health’, and across all of these,            service learning, study abroad, and volunteering.  Yet,  innovation  is  not  synonymous  with  invention
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                                                              socio-economic status .                                                                                                as innovation includes both aspects of creation or
            Career Services                                                                                                                                                          discovery and diffusion . Pragmatic definitions define
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            Career services offer support to students (and in   Employability                                                      Faculty                                           innovation as a successful implementation of creative
            some  cases  alumni)  studying  at  that  university.  This   The  International  Labour  Organization  defines        Academic staff including professors, both full-time and   ideas or ‘as a process that provides added value and a
            includes help with exploring career ideas, jobs search,   employability as related to portable competencies and        adjunct.                                          degree of novelty to the organisation and its suppliers
            developing CVs, giving interviews, networking, further   qualifications that enhance an individual’s capacity to                                                         and  customers  through  the  development  of  new
            study and help with finding work after graduation. when   make use of the education and training opportunities                                                           procedures, solutions, products and services as well
            you graduate.  It may also include help with finding a   available in order to secure and retain decent work, to       Fourth or 4th Industrial Revolution               as new methods of commercialisation’ . It is safe to
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            part-time or summer job whilst you are studying. A   progress within the enterprise and between jobs, and              The Fourth Industrial Revolution represents a     say that an innovation’s starting point normally is an
            student resource department that helps students and   to cope with changing technology and labour market               fundamental change in the way we live, work and   invention  followed  by  exploitation.  However,  without
            alumni job-search, develop resumes, give interviews   conditions .                                                     relate to one another. It is a new chapter in human   successful commercialisation, the invention cannot
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            and network.                                                                                                           development, enabled by extraordinary technology   become an innovation. It is estimated that more than
                                                              Entrepreneurship                                                     advances commensurate with those of the first,    60% of economic growth derives from technological
            Closed innovation                                 Entrepreneurship is the creation or extraction of                    second and third industrial revolutions. It refers to   progress, which has led to technology advances being
            Closed innovation relies on the idea that internal   value 135,136 .  With this definition, entrepreneurship is        the convergence of digital, biological, and physical   closely identified with innovations .
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            expertise (ideas), along with an iterative process for   viewed as change, which may include other values than         innovations that will result in disruptive changes. These
            managing that expertise, can sustainably produce   economic ones. More narrow definitions have described               disruptions can be positive, leading to an empowering,
            new business. Closed innovation companies operate   entrepreneurship as the process of designing, launching            collaborative and sustainable social and economic   Institutional Ambidexterity
            under a self-contained innovative environment, that is,   and running a new business, which is often initially a       environment if the underlying changes that cause   While  the   aspirations  of  university-industry
            information is kept within the confines of the company   small business, or as the capacity and willingness to         them are based on shared values of the common good,   partnerships  can be  easily described, it is often
            and is not shared with external parties.          develop, organise and manage a business venture along                human dignity, and intergenerational stewardship .  challenging to establish and run these partnerships
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                                                              with any of its risks to make a profit. People who create                                                              effectively, even when the resources are available.
            Collaborative doctoral training                   these businesses are often referred to as entrepreneurs.                                                               The challenge is amplified in an ecosystem where the
            Collaborative doctoral training is a generic term to   While definitions  of entrepreneurship typically focus          Gender Gap                                        various stakeholders operate with their own ambitions
            cover doctoral degrees that involve research projects in   on the launching and running of businesses, due to          Rising educational attainment, yet low labour force   and logics. These need to be properly aligned to achieve
            collaboration or partnership with non-higher education   the high risks involved in launching a start-up, a high       participation                                     impact and avoid frustration that derive from marked
            organisations or industry.  These occur across all   percentage of start-up businesses do not survive in the           Despite  the  reversal  of the  gender  gap  in  education,   differences in culture and governance . Whereas
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            disciplines.                                      long term. A somewhat broader definition of the term is              labour force participation rates for women in the MENA   academic culture is characterised by a high degree
                                                              sometimes used, especially in the field of economics. In             region have remained very low, a phenomenon that has   of distributed autonomy and governance, corporate
            Credentialism                                     this usage, an entrepreneur is an entity which has the               come to be known as the ‘MENA paradox’. Participation   culture tends to emphasise central decision making
            Overemphasis on diplomas or degrees in giving jobs or   ability to find and act upon opportunities to translate        in the labour force among well educated women in North   and  strategic  alignment .  But  even  if the  cultural
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            conferring social status.                         inventions or technologies into products and services.               Africa and the Eastern Mediterranean is constrained by   divide between academia and industry runs deep, it
                                                                                                                                   adverse structural developments on the demand side   can be overcome through strong leadership, incentives,
            Decoupling strategies                             Erasmus+                                                             such as lack of support for family leave and childcare   structures, and boundary spanners that can operate in
            A decoupling strategy is a coping mechanism that   The  European  Union's  Erasmus+  programme  is  a                  by employers . Reduced  public  sector  employment   both ‘worlds’ (institutional ambidexterity), focusing on
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            happens when organisations decide to implement a   funding  scheme  to support  activities  in the  fields  of         opportunities has not been counterbalanced by an   the possible benefits of operating across coexisting and
            programme without implementing expected practices   Education, Training, Youth and Sport. The Programme                increase in jobs in the formal private sector, leading   contradictory logics .
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            that would go along with it. Decoupling is a way of   is mainly made up of three so-called ‘Key Actions’ (KA):         to a decrease in overall participation, and in particular,
            reconciling conflicting institutional demands, or ‘avoiding’   (1) Learning Mobility of Individuals, (2) Cooperation   women’s participation in the work force.
            conforming to institutional pressures by covering up   for Innovation and Good Practice, and (3) Support to                                                              Institutional logics
            ‘nonconformity behind a façade of acquiescence’ .   Policy  Reforms.  In  terms  of organisational  capacity                                                             Institutional  logics  are  systems  of  cultural  elements
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            The concept  explains  how organisations  deal with   development, the actions under KA2 make it possible              Gross Domestic Product                            (values, beliefs, and normative expectations) by which
            conflicting demands, especially when they are imposed   for organisations from different participating countries       Gross Domestic Product (GDP) is the monetary value of   people, groups, and organisations make sense of and
            by constituents that control critical material or symbolic   to work together, to develop, share and transfer best     all finished goods and services made within a country   evaluate their everyday activities, and organise those
            resources. Decoupling might not always be deliberate   practices and innovative approaches in the fields of            during a  specific period. GDP provides  an economic   activities in time and space .
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            or strategic . Researchers have demonstrated that   education, training and youth. Three theme areas are of            snapshot of a country, used to estimate the size of an
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            it can be non-intentional, can serve as a well-meant   particular interest:                                            economy and growth rate. GDP can be calculated in
            buffering mechanism, and can be motivated by one’s   (a) Sector Skills Alliances ensuring cooperation                  three ways, using expenditures, production, or incomes.  Internationally mobile student
            ideology or profession 131–134 .                  between education and employment in tackling skills                                                                    UNESCO defines an internationally mobile student as an
                                                              gaps with regard to one or more occupational profiles                                                                  individual who has physically crossed an international
            Diversity                                         in a specific sector                                                 Innovation                                        border  between  two  countries  with  the  objective  to
            Diversity  refers  to  ‘individual  or  group-social   (b) Knowledge Alliances supporting cooperation                  One of the most referenced definitions of innovation   participate in educational activities in a destination
            differences among persons such as gender and gender   between higher education institutions and enterprises            goes back to Joseph Schumpeter  which includes the   country, where the destination country is different from
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            identity, age, sexual orientation  and identity, ethnic   (c) Capacity Building in the field of higher education       introduction of a good or a significant improvement of   his or her country of origin .
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                                                              supporting cooperation with partner countries
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