Can university-based scientific research contribute to the
economic development of a region? Can it generate wealth for the
university? American universities are under increasing pressure to
maximize their economic contributions. "Tapping the Riches of
Science" offers a rigorous and far-sighted explanation of this
controversial and little-understood movement.
Just how do universities contribute to innovation in industry?
How have state legislatures promoted local university commitments
to economic relevance? And how has the pressure to be economically
productive affected the core academic missions of teaching and
research? Drawing from a range of social science analyses, campus
interviews, and examples of university-industry partnerships, Roger
Geiger and Creso Sa reveal the ways that economic development has
been incorporated into university commitments.
Noting enduring cultural differences between the academic and
business worlds, Geiger and Sa deflate both suspicious and
overconfident views. They show how elusive success can be for
embryonic discoveries with as-yet-unclear applications. Warning
against promising and expecting too much, "Tapping the Riches of
Science" nonetheless makes a strong case for the long-term promise
of practical uses for academic research.
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