The traditional function of universities is training skillful human resources. Universities’ unique role in the society evidently distinguishes them from other scientific, cultural or educational organizations of the country. Their prestige has continued to rise due to their special features and their constant and expanded relationship with effective parts of the society. The broadest contributions of universities to the country are the educational development of exceptional talents and the flow of graduates at all degree levels to positions in business, government, universities, and self-employment. Influences that are more specific to technological innovation are the education of holders of graduate and professional degrees, the flow to industry of inventions and relevant background information stemming from university research.