Journal of Development Innovations Vol. 4, No. 1, 2020, 151– 178 ©2020 KarmaQuest International, Canada www.karmaquest.org/journal (ISSN: 2371-9540) Higher Education Reforms in Nepal: Review, Reflection, and Requisition Raj Kumar Bhattarai1 ABSTRACT This paper prepares a centennial timeline of key milestones in the higher education reforms of Nepal. Reflection of the initiatives on structure of higher education institutions, standing of the universities, students’ enrollment and production, creation of intellectual property, addition of new businesses, and commercial value addition from high technology exports have been assessed. Critics on the standings and reflections of the reforms have been revealed in consideration of the status of impactful research, knowledge and skills transfer, employment generation, students’ perceptual judgement on their own future in their own country. In anticipation of development and innovation in the higher education system of Nepal, a requisition note for the addition of a few higher education institutions and operationalization of a Scholastic Authority has been furnished. An outline of the Authority establishment and implementation framework is suggested for further discussions. JEL Classification: I23, O34, R38, J61 Keywords: Higher Education, Education Reforms, Intellectual Property, Immigrant Workers, Scholastic Authority 1Associate Professor of Management, Tribhuvan University, Nepal Commerce Campus, Kathmandu. E-mail:
[email protected] Journal of Development Innovations Vol. 4, No. 1, 2020 1. Introduction The quest for excellence is seemingly a captive of self-centered tendency of the leaders and policy makers. Such tendency reduces the chance of reciprocal interdependence among the actors. Congruence in decisions and actions of higher education providers, industrial actors and public policy makers is essential because adaptive reflection of knowledge and skills necessitates for their thought and value preference.