ABSTRACT: Undoubtedly, it is manufacturing, through the Industry 4.0 concept, that is moving to the next phase of digitalization Industry 4.0 by innovative technologies such as Internet of Things, Cloud technology, Augmented and Virtual Reality, and so on. Moreover, it will certainly play an important role in manufacturing education, stimulating advanced life-long training of the skilled workforce. As regards of advanced education which is so called Education 4.0, and networked ecosystems, it will enhance various skills in reality and build competences for the new era of manufacturing. In fact, due to the progress of technology with a wide range of innovation such as smart boards, advanced projectors, etc, they are helpful in making education become easier and more convenient for both lecturers and learners. Towards that, this study will illustrate what methods should be utilized to upgrade the role of universities in escalating innovative startup and bring more sustainable development for different societies.
In the trend of globalization, it is the fact that trade liberalization and the fourth wave of industrial revolution have dramatic effects on all aspects of socio-economic life. Furthermore, the role of technology and innovation has become increasingly important to promote productivity growth, quality growth and economic competitiveness. In 2016, the number of newly established enterprises in Vietnam increased by more than 110,000 enterprises and the size of capital increased by 48%. In 2017 there are more than 105,000 newly established enterprises, of which 97% generate revenue and pay taxes. Apparently, this is a good indicator of economic prosperity as the number of businesses enhances, which creates more employment opportunities and new
products, services for the society. In addition, in 2017, Vietnam upgraded 15 levels in the global competitive index, and14 levels in the global innovation index. This is the result of reforms in research funding, university autonomy, and commercialization of research results, including technology transfer centers. However, the current system of scientific research and innovation of Vietnam generally focuses only on creating new knowledge through research projects in schools and institutes with little effort in putting knowledges into social life, production and businesses. Moreover, instead of educating students to become risk takers to experiment with new and innovative ideas and become job creators, not just job seekers; many universities believe that their main mission is only to train students so that when they graduate they will be able to get jobs. As a result, this research paper aims at suggesting some methods to enhance the role of
universities in boosting up innovative startup.