Abstract

Based on the concept of the knowledge economy, higher education institutions can be used as knowledge hubs in order to train knowledge workers. In addition the formation of knowledge hubs will be the foundations of the Knowledge Cities. Currently in North Cyprus, there is a lack of understanding Knowledge Cities, which are the fundamental building blocks of a knowledge-based economy. The model proposed in this paper argues that higher education institutions can bridge this gap by educating knowledge workers and becoming knowledge hubs in the context of ‘knowledgization’. In this research, a questionnaire was completed by 42 lecturers and 432 university students in order to test the concept of ‘knowledgization’. Recommendations had been made based on the findings to enable the concept of ‘knowledgization’ such as investing in mobile applications, having user-friendly and up-to-date websites. Tolerance for failure is also important for institutions where initiatives should be given to try new methods and to encourage innovation. It is expected that the results of the study will be useful for universities to create a strategic vision based on the concept of ‘knowledgization’ which includes Organizational Capacity, Information Technology Capacity and Knowledge Capacity for the Higher Education system.

Highlights

  • Based on the concept of the knowledge economy, higher education institutions can be used as knowledge hubs in order to train knowledge workers

  • It is expected that the results of the study will be useful for universities to create a strategic vision based on the concept of ‘knowledgization’ which includes Organizational Capacity, Information Technology Capacity and Knowledge Capacity for the Higher Education system

  • Sağsan economy by increasing capacity on technological innovations and better education services are some benefits of Knowledge Cities (KCs) (Ergazakis, Metaxiotis, & Psarras, 2004)

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Summary

Introduction

Based on the concept of the knowledge economy, higher education institutions can be used as knowledge hubs in order to train knowledge workers. It is expected that the results of the study will be useful for universities to create a strategic vision based on the concept of ‘knowledgization’ which includes Organizational Capacity, Information Technology Capacity and Knowledge Capacity for the Higher Education system. In spite of this worldwide trend, a recent competitiveness report prepared by Cyprus Turkish Chamber of Industry indicates that North Cyprus ranked 114th out of 145 countries In this report, it ranked 144th for Innovation Capacity, 145th (last position) for R&D expenditure and 104th for R&D cooperation between businesses and universities. When the current situation and registration levels at the higher education institutions are considered, there seems to be an opportunity to design and apply strategic higher education policies and practices on the macro level

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