Development Possible by Optimally Engaging Resources to Create Solutions and Opportunities –Professor Atayero
The Vice Chancellor of Covenant University, Professor AAA. Atayero, has stated that achieving development was possible, if resources could be optimally engaged to create solutions and opportunities as established over time, from the agrarian era to the industrial era, and now in the knowledge era.
He stated this in an address delivered on his behalf by the Deputy Vice-Chancellor, Professor Shalom Chinedu, at the just concluded 2nd Covenant University International Conference on Entrepreneurship (CU-ICE) 2018, organised by the Centre for Entrepreneurial Development Studies of the institution.
Commenting on the theme of the conference titled, ‘Cultivating Entrepreneurial Capacities in the Knowledge Economy’, Professor Atayero said that it focused on vital entrepreneurial issues that shift the economic status of individuals and organisations in a knowledge economy. He expressed delight at the conference package, which he hoped would make a lot of impact towards changing the status quo and inspire practical solutions to the issues facing the Nigerian economy.
The Vice-Chancellor noted that the world had since evolved to the knowledge era, where standardisation, division of labour, and specialisation were not able to cope like they did in the industrial era. The knowledge era, he added, demands more flexibility, innovation, speed, and efficiency.
Earlier in his opening remarks, the Director, Centre for Entrepreneurial Development Studies, Dr. Stephen Oluwatobi, appreciated the University Management for the support and encouragement given to the Centre towards the success of the conference. He described the event as a deviation from theory to actual application of knowledge in order to bring forth solutions to the problems facing the polity.
He emphasised: “We are in a new economic era called the ‘Knowledge Economy’ and we need to understand the times that we are in. Some jobs, which existed years back, no longer exist and there are jobs now that would not exist in ten years’ time. I hope that this conference would help us to re-evaluate the issues at hand and bring up solutions that can move the world forward.”
The first keynote address at the event, titled, ‘The Role of Universities in Fostering Entrepreneurship’, was delivered by an erudite scholar from the Department of Management and Accounting, Obafemi Awolowo University, Ile-Ife, Professor Erlinda Adetayo..
According to her, higher education is a process for the development of the totality of the individual to enable him live a meaningful life and to be able to contribute and discharge his responsibilities towards the development of the society where he finds himself.
Universities, she said, exist as institutions for creation, dispersion, and furtherance of the knowledge of virtually everything; they have played a significant role in societal development many centuries ago.
Pofessor Adetayo asserted that Universities have five primary goals, which include being a repository of the knowledge of mankind; fostering the generation of new knowledge through research; the transference of knowledge to the next generation through teaching; the conversion of knowledge to practice, thereby creating a link with the industry; as well as supporting knowledge-based resource and generating economic development.
Others at the event were the Registrar, Dr. Olumuyiwa Oludayo; the 2nd Vice Chancellor of Covenant University and Director, African Leadership Development Centre, Professor Aize Obayan, and other senior officers of the University.