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to economy or technological progress. Should this initiate a composition dialogue
between the main stakeholders, it would replace the decadent practices of client
relationships that cause bad influence. Those practices of the past need to be anni-
hilated (Boutellier et al., 2008).
It is presumed that the development of innovation is the country's long-term
bet. It requires not only multiple structural changes but also continuous effort and
radical sanitization of public life. Let us start with education and research restruc-
turing by establishing centers of excellence. There should be an R&D Ministry
inauguration operating closely beside the Ministry of Education. In addition, a
broad dialogue between state bodies, institutions, industrialists, and entrepreneurs
should be initiated. The aim is the creation of business clusters, appropriate for the
realization of strategic technology objectives (Corallia, 2014).
The whole effort should be supported by investments of venture capital. Despite
the significant decline in labor costs and the availability of well-qualified scien-
tific and technical potential, the country is still unattractive for investment capital.
That happens because investors remain unconvinced about the stability and orderly
function of state administration and everyday services.
In the end, the crisis offers us a valuable opportunity, but as the famous Greek
historian Thucydides noted in his famous work “Peloponnesian War, Thuc.1.142”:
“Time waits for no one” (Hobbes, 1942). Now is the time to redesign the future of
the education system.
Author Biographies
Konstantinos Zacharis holds a diploma in Computer Engineering and Information
Science from Patras Polytechnic School (1991) and an MSc in Studies in Education
from the Greek Open University (2003). He has two decades of experience in
working within educational organizations in various positions and levels (mostly in
secondary and tertiary, formal and nonformal, and also adult education) in Greece
and Germany. Currently, he serves as principal in 5th Lyceum Karditsa. He is a
PhD candidate in Staffordshire University.
Pandelis Ipsilandis is a professor of Operations Research in the Department of
Project Management in the School of Business and Economics and is also vice pres-
ident of TEI of Larissa. He holds a first degree in Mathematics from the National
University of Athens, Greece, and he did his postgraduate studies at the Polytechnic
Institute of New York, United States, where he received both an MSc and a PhD
degree in Operations Research. He is K. Zacharis' second PhD supervisor.
James O'Kane is a director of the Business School at Edge Hill University,
United Kingdom. He studied physics at Hull University then joined Hatfield
Polytechnic as a research assistant doing work on simulation. He then joined
Marconi Radar Systems, based in Chelmsford in Essex, where he worked on
mathematical modeling and simulation in radar signal processing. His academic
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