| dc.description.abstract | Economic development in the context of education is the practice and
philosophy of generating measurable economic returns in
communities through the institutions of learning engagement in the
provision of education and learning for sustainability. Evidence suggests that the diffusion of knowledge from engaged
institutions of learning promotes economic recovery through the
creation of innovative and highly adaptive environments. This can lead
to the economic revitalization of communities as creative incubators,
employers and local investors. A learning economy that focuses on new knowledge is essential to the
overall economic strength of a country, and therefore institutions of
learning can lead the way by supporting innovative venture capital
projects, advancing applied research, and encouraging campuses and
communities to build on existing assets.
Rapid development of computer networks and information
technologies, especially the Internet and World Wide Web
promotes electronic learning and distance education. Education programs delivery via virtual learning
environments is a convenient form of education for
learners who want to learn from home whenever they want. Virtual learning environments also provide unified
information and knowledge sharing, enhances on campus
pedagogic innovations and organizational change, removes
the stigma associated with learning, removes the learning
barriers related to infrastructure, cost effective and acts as a
means of revenue generation | en_US |
