I had the pleasure of visiting Universidad de Los Andes in Bogotá this past weekend. I had several discussions with the President and board, the Dean of the school of government (my host), faculty and administration. I was impressed by the caliber of faculty, the modern infrastructure and the evolving mission. I include below a video of the presentation I gave (in Spanish) to a group of alumni on innovation in American higher education. Innovation will by no means be dominated by American universities or even universities from developed countries: it will emerge in institutions around the world. We will be well advised to keep an eye on what’s happening beyond the United Sates as much, if not more, as we do on what’s happening around the corner.