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Funding Research in Universities: The Watt Report 2015

Paul Jensen () and Elizabeth Webster ()

Australian Economic Review, 2016, vol. 49, issue 2, 184-191

Abstract: type="main" xml:lang="en">

The Watt Review takes a first-principles approach to how the research and engagement inventive system should be designed for universities in a contemporary setting. Despite raising many important policy issues, the Review misses an opportunity to engage in a discussion about: changing the anachronistic teaching base-funding formula that also funds research; introducing research brokerage and triage services; and changing the engagement culture among academics. Opportunities, currently unquantifiable, are currently being lost through a mechanistic application of intellectual property policies to translation.

Date: 2016
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Handle: RePEc:bla:ausecr:v:49:y:2016:i:2:p:184-191