Academia conducts a lot of excellent research. Some research results can be commercialized and are valuable not only for universities and researchers, but also for the economy.  Therefore, we put a strong focus on the development of higher education and on strengthening the knowledge transfer among universities, the business world and the society at large. Nowadays, educational and innovation related systems and institutions worldwide are confronted with the need to be competitive and to build cooperation structures in a globalized society. Sustainable development of educational systems, especially in the area of higher education, is essential because it helps to create knowledge, skills and values that strengthen the knowledge-based economy, transform lives of individuals, and drive innovation and economic transformation.