Campus Technology: Should higher education institutions invest money in their innovation efforts? Most colleges don't seem to think so. A survey among U.S. academic administrators found that while more than nine in 10 institutions (91 percent) reference innovation in their strategic or academic plans, just four in 10 (40 percent) have a dedicated budget for innovation. According to the experts who undertook this bit of research, without earmarked funds to support innovation efforts, formal planning goals backing innovation may not succeed.
College and university leaders don't agree on what innovation really means, as "The State of Innovation in Higher Education" explained. Developed by the Online Learning Consortium and Learning House, the report was based on responses from written surveys and follow-up interviews.
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