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Universities: getting the private sector to ‘buy-in’ : Comments
By Sebastian De Brennan, published 29/9/2006Australian universities must do better in terms of their community engagement.
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I am an academic and I have been working in universities for 15 years. My career has coincided with budget cuts (in real terms) and ever increasing reliance on funds from the private sector. When I arrived at the Faculty I work in 12 years ago, 85% of our funding came from HECS places. Now 30% of our funding comes from HECS places and at the same time we have almost trebled in size.
In short, the vast majority of our funds come from (private) students choosing to pay fees for their education.
Partnerships with business for research projects are the norm, not the exception. The Australian Research Council Linkage Grant program emphasises industry links within research, which requires contributions by (often private) partners. Funded professorships are the norm in many universities.
The university's interrelationship with the private sector is quite richly textured, and certainly considerably greater than it was 15 years ago.
Go have another look.