Why do we need doctoral graduates to be able to compete in the global knowledge economy?

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Why do we need doctoral graduates to be able to compete in the global knowledge economy?
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Thought Leader | There is a growing need for graduates who are equipped to take a multidisciplinary approach to the management of technology, innovation, people and systems.

, we tend to think about the need for universal access to the internet and for broad-based digital education. Few of us think about the role that doctoral graduates have to play — or why they’re so important.

From a strategic point of view, the ability to be agile and to innovate quickly and successfully within the context of constantly evolving technologies and shifting levels of interaction can make or break a business. The government has recognised how important it is to promote doctoral study and has set a target of producing 5 000 doctoral graduates a year from 2030, nearly double the number of candidates who graduated annually just five years ago.

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