What will the role of universities be in this globalized economy? How will they contribute to improving society through innovation that will improve the quality of life and support economic growth? How will they prepare their graduates who will extract the best and explore the greatest in this increasingly complex society?// It is important to remember that undergraduate education and post-graduate education are tightly linked to research. Our education programs should ensure that the students are learning in an atmosphere characterized by the pursuit of new knowledge and process of discovery. An interrelated educational program will create a flow of young， bright and uninhibitedminds to work on the frontier of discovery.// The fundamental mission of a university is the creation of new knowledge which sometimes has immediate practical applications. But that can never be the only goal. And making it a primary goal will frequently be short-sighted. Basic contributions to knowledge should be valued for being exactly that. Our university has an almost unique role in fostering such contribution.// Choosing the right people is the first and perhaps the most crucial step in ensuring an innovative environment. There are three types of people that can be important. The first class of individuals consists of fanciful visionaries. The second class of important people in innovative environment consists of revolutionary explorers.The third class of individuals consists of uninhibited executors.