The Impact of Academic Research on Industrial Performance (2003) / Chapter Skim
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8. Challenges for the Future
8. Challenges for the Future
Pages 219-226
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From page 219... ...
academic research enterprise, despite its broad disciplinary base and potential for crossdisciplinary research and training, is not focused on or organized to meet the needs of service businesses. Major 219
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From page 220... ...
Academic research has also greatly influenced the regulatory environment. Based on economics research, much of it performed in academia, the role of regulation has been redefined from protecting the public interest in naturally monopolistic markets to promoting market entry and ensuring vigorous competition to achieve public benefits.
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From page 221... ...
Over the past 25 years, research universities have increasingly emphasized technology transfer and the generation of income from research results, through patenting, the creation of technology transfer offices, and licensing. Although the increased attention to management of intellectual property has had many positive consequences for industry and academia, questions remain about the overall effectiveness of technology transfer investments, as well as the impact of these activities on universities' core research and education missions.
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From page 222... ...
At the same time, the growing emphasis on university ownership and exploitation of intellectual property has raised questions about the near-term efficacy of the patent-licensing infrastructure, as well as the long-term impact on universityindustry interactions and the health of the academic research enterprise. To date, direct contributions of academic research through patenting activity has been small.
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From page 223... ...
Information technology is critical to the performance of all industries and will continue to be so in the future. Industry's need for the continued development, diffusion, and application of advanced information technology presents major opportunities for academic research in many disciplines, including mathematics, computer sciences, physical sciences, life sciences, multiple engineering disciplines, social sciences, and behavioral sciences.
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From page 224... ...
All of the industries studied derive significant benefits from basic research, although the importance of basic research to industry performance is not well recognized, particularly among individual companies. Most federal funding continues to support basic research, but industry-funded academic research is focused mostly on problems that can be solved relatively quickly.
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From page 225... ...
The core strengths of the academic research enterprise are stable enough and flexible enough to respond to the rapidly changing needs of industry. A major challenge for universities is keeping pace with the rapidly changing research and human resource needs of industries while continuing to pursue basic research in new areas to generate ideas that will provide the foundation for industries in the future.
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From page 226... ...
Universities also integrate advanced research and education. The constant flow of new students through universities continuously revitalizes the academic research enterpnse, challenging the assumptions of faculty and bringing fresh perspectives to research.
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