Governments in Asia have expended serious effort and concentrated resources on helping a few universities improve their ranking in global university leagues. These efforts have resulted in the gradual growth of Asian universities and their steady high ranking in various university league tables.
At present, universities are being encouraged to collaborate with industry or the business sector and to engage with the community to promote innovation, knowledge transfer and entrepreneurship.
In 2014, in view of intensifying competition in global university rankings, the government of Hong Kong Special Administrative Region, or HKSAR, launched a critical review of university governance through the University Grants Committee with the aim of enhancing the global competitiveness of publicly funded universities in Hong Kong.
An independent task force led by Sir Howard Newby, the former vice-chancellor of the University of Liverpool in the United Kingdom, completed a comprehensive review in 2015.