This article analyses the development of the education hub in Singapore. The world-wide migration of professionals and talented students had started many centuries ago and was further bolstered by globalization. Singapore intends to take a leading role in creating a knowledge-based economy. Consequently, the government has great ambitions to build not only research centers but also a world-class university environment, an education hub. The first part of the article seeks to describe the factors that facilitated the establishment of the education hub and the Global Schoolhouse project in Singapore. The second part identifies the challenges and problems of this project, while the third part proposes solutions to these problems. Although some of the solutions may refer to policies implemented in other countries, the article maintains a focus on the unique problems of Singapore.

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Patents protect the patent holders in that the patented process, design and invention can only be used or sold by the holder exclusively. Therefore, manufacturers use patents to gain a competitive edge against the competition. A patent analysis discovers which car parts are considered the most for future development in the automotive sector. The purpose of this paper is to identify and analyze major trends and the potential implementation of patents. Furthermore, the research may reveal in detail the common R&D trends within a certain industry, differences among the major representative manufacturers and support to identify feasible future strategies for lagers. The patent analysis will be launched with the data collection from a patent database. To avoid the extensive computing time in R, only each patent document's abstract is deployed for the research. After data cleansing, the term frequency-inverse document frequency algorithm is used to find the keywords in the patent abstracts. To visualize results, the social network analysis is conducted. It identifies trends and relationships among the mapped keywords. The discovered major keywords constitute the graphs of the most important parts related to each other and are considered for the future.

The COVID-19 pandemic forced universities worldwide to switch from face-to-face teaching to online remote teaching. The majority of students are dissatisfied as their college lives are completely ruined, and they are not able to maintain their social networks. South Korean higher education has long been troubled by decreasing tuition revenues, an aging problem, the low-level internationalization of university education, and administrative redundancies, and now the pandemic has greatly aggravated these structural defects. Furthermore, course content creation posed a major challenge to professors, while the lack of student motivation and commitment led to a rapid decline in the quality of education and evaluation. Accordingly, students requested a refund of their tuition fees, or at least compensation, and called for the improvement of online courses.

This analysis addresses the developing environment backed by rapidly growing higher education in two countries, South Korea (Korea for short) and Singapore, in which education has roots in Confucianism. The focus lies on the analysis and comparison of the economic development in these two newly industrialized countries (NIC), the progressive changes in research and development and their unique ways towards the establishment of knowledgebased economy. Both countries inherited a poor economic environment after gaining full independence but achieved rapid economic growth. Recently, both countries have been driven by the desire to take a leading role in creating knowledge-based economy, to build competitive advantage within the region and to sustain their high levels of development. Consequently, the governments had great ambitions to invest in research and development. Through the analysis of the development the article aims to reveal comparison of development stages concerning both economy and education with their outcomes and most recent challenges.