Saturday, May 06, 2006

It isn't about the money

The Wall Street Journal's article about research, money & universities this past week might lead one to believe that universities are now trying to bring in greater amounts of money from licensing intellectual property -- and that this is trend that will increase. I suppose there might be a few universities that have financial returns as their paramount goal, but I haven't met any of them. Universities have a mix of goals that they want to achieve: public benefit; opportunities for students; greater corporate and public understanding; and yes, discretionary money to support research.

When federal research dollars do not fully support campus research efforts (which is the bulk of funding in the U.S.), other mechanisms of funding must be sought.

What would the public want??

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