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Lost in translation?

A new book plots a course through the hinterland that lies between scientific innovation and commercial success

Bill Fair
The question of what role, if any, university-based scientific research should play in economic development has been debated at length, long before the passing of the Bayh-Dole Act in 1980. Given the current economic challenges and funding shortages faced by most institutions, and having been the recipient of extensive state and federal support, universities are under increased pressure to maximize their economic contributions to society.In their new book, linkurl:__Tapping the Riches of Science: Universities and the Promise of Economic Growth__;http://www.personal.psu.edu/rlg9/tappingtherichesofscience/ authors Roger Geiger and Creso Sà present a comprehensive and balanced overview of this issue. They convincingly demonstrate that universities should have a "fourth mission" -- beyond the traditional three missions of teaching, research, and outreach -- which is to create economic relevance for the communities they serve.
Richly supported by the extensive use of case studies, interviews, and other prior writings on this topic, Geiger and Sà present a...




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