Chapter 10Knowledge Factories – Buying Knowledge from Universities

Universities as Knowledge Brokers

The teaching of students is the primary objective of universities and, even allowing that their students represent the bulk of the future intellectual capital of the nation, they are by definition only partly trained and inexperienced. A university may not at first sight appear to be the best place in which to undertake research or other knowledge-procurement activity. Yet universities are widely seen as being not just a creator of knowledge and trainer of young minds, but increasingly as a major agent of economic growth. The Economist newspaper, in a major survey on universities, adopted the phrase 'the knowledge factory' to describe the way ...

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