ABSTRACT

The chapter attempts to contribute to bridging the gap between the requirements of the labour market and the educational offer at the tertiary level. It presents a self-assessment tool for universities that provides them with a checklist of criteria defining universities 4.0, meaning the universities that educate and support their students in developing the competences needed in the current and future labour market. The chapter also presents a bibliometric analysis on competences 4.0 and its implications for a better understanding between the world of business and the world of education in the context of digital transformation. The discussion in this chapter also touches upon the issue of academia – business/industry cooperation and how it can be measured. The assessment tool in this respect is presented here. The whole discussion is also recapitulated here and connected to the broader idea of innovations in education and paradigm 4.0 in education.