For universities, endowment is a perfect way to gain certain independency from state funding, and it is quite successful in Russia.
Universities should also educate managers, as future leaders need to know more than management, marketing finance, and technology, they should have a great sense of history and the humanities.
The only viable model for a classic university today is to supplement science and education with the third basic element, the production of innovations.
The biggest challenge faced by universities now is whether they can attract the people who can learn and the people who know how to teach.
A university that is connected to the external environment is more sustainable and more progressive. It becomes a self-organizing entity with extensive ties.
Merging universities does not undermine competition, on the contrary, it makes it more intense.
A university is first of all an intermediary between corporations, employers, the authorities, and the expert community, and in this respect endowment is a really working structure.