INNOVATION FOR INNOVATION (Establishment of a University as a Public Limited Company)

This research was conducted to explore the new dimensions aimed at the 21st century expectations to the higher education sector and accelerate its pace of development to meet the needs and requirements of the society at large. The main purpose of this research was to search out a workable frame work for the establishment of university in context of public limited company. The results obtained were analyzed through mean variance analysis. The reliability values for the variables were obtained by using Cronbach’s Alpha which was more than 0.7 which shows that the variables are internally consistent. Findings show that the sustainability in the growth of higher education sector can be maintained by adopting the option of establishment of Higher Education Institution as a public limited company. This has been considered as a most suitable option.