Whilst proud of this achievement, we should continue to work for the betterment of our country and contribute to enhance our standard of living, converging to a high-income country. The world’s economy is fraught with uncertainties and challenges. We must put our minds together to address these challenges and move the country ahead. We need your contribution to that effect.
Additionally, higher education has embraced the broader mission of translating research into new products and enterprises; our colleges and universities account for 15 percent of applied research and development (National Science Foundation, 2007). The innovations that begin on campuses are diffused to businesses through patents, start-up companies, and consulting arrangements between faculty and industry.