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Universities are failing to boost economic growth

economist.com

21–30 of 33 posts

Re: Universities are failing to boost economic growth

#21

We licensed IP from a Uni. It was so basic that we had to do all the development work losing our investors in the process.

Most things realy worth persuing would already have been cherry picked and poached by spin-offs created by the faculty involved.

As a 3rd party you are basically browsing the leftovers.

Re: Universities are failing to boost economic growth

#22
post #11

Earlier quoted context omitted.

Is it the industrial research where the reproducibility crisis is actually manifesting though? Most evaluations I've seen of it suggest that while it's a universal phenomena it tends to be concentrated in the social/activist sciences. In most areas of industrial or applied focus it seems like much less of an issue because ultimately the science of boats has to be at least coherent enough to stand the trial of putting…

What the hell is an "activist" science?

Akin to an Art or Music Critic mixed with investigative journalism. They dig around deeper if their b$ detector goes off while looking at an abstract or paper.

Re: Universities are failing to boost economic growth

#24
post #16

universities for working class folks need to be a place to learn employable meta-skills. College enviroment being a space for personal growth, leisure, socialization is more of elitist legacy of a begone era where companies would train you from zero and most of students didnt really need to sell their labour to make a living (why unpaid interships exist).

If employable skills and meta-skills need to be learned (as they do), it seems like apprenticeships and the like are a far more efficient and effective way to pass those along.

Yes and no - the final skills can be acquired well in apprenticeships but for the basic knowledge it is more effective (or at least more efficient) to teach as universities do; if we look at the major professions where universities have taught employable skills since the first universities were founded, namely, medicine and law, and where the various approaches of learning these employable skills have been tried&tested for centuries, they both definitely make a solid use of apprenticeship but that apprenticeship is started only after years of studying the fundamental knowledge that is needed for the practical skills.

Re: Universities are failing to boost economic growth

#25

Universities exist to educate young people and set them on the path to lifelong growth. This shift to being a cheaper place for industrial research is a nauseating aberration. There is nothing wrong with applied research, having practical goals in mind, or spinning off research findings. When they become the objective, we get the reproducibility and integrity crises that reach and remain on the HN front page every da…

As of now, American universities seem to exist chiefly to support an enormously bloated, parasitic administration at the cost of young peoples' heavy debt and precarious working arrangements of junior faculty.

That is a nauseating aberration to me.

Re: Universities are failing to boost economic growth

#26

“The point of a University is to give a civilization what it needs ; not what businessmen want .” Dijkstra never missed.

Does civilization need an ever expanding crowd of viceprobosts for campus inclusivity et al.?

Because that seems to be the most vibrant sector of the academic world nowadays: ever more administrators.

Re: Universities are failing to boost economic growth

#28
Greetings from Ukraine! Country at war, after decided to move from Soviet world to West.

When Ukraine is different, but we have very same troubles - we learned that Universities should make us new technologies, and why I said about war - new defensive technologies (or offensive if you wish), but they not do what they should, and we are defenseless because of this.

But we have not tough anti-monopoly laws any time. But we seen few successful commercial scientific entities, and near nothing from Universities, except propaganda, very similar to aggressive religious.

I think, answer is easy (at least for Ukraine) - our Universities become shelters of what they named "pure science". And scientists think themselves as monks of these sanctuaries, and totally avoid to work.

Re: Universities are failing to boost economic growth

#29

Universities exist to educate young people and set them on the path to lifelong growth. This shift to being a cheaper place for industrial research is a nauseating aberration. There is nothing wrong with applied research, having practical goals in mind, or spinning off research findings. When they become the objective, we get the reproducibility and integrity crises that reach and remain on the HN front page every da…

It's simple, there are two currents on this aspect on HN, one are those who find it an issue and others who think see universities as cheap labour and thus are the target of rags like the economist here. I'm not sure how the latter find the incessant postings of articles about academic problems, they probably tune it out perhaps or don't make the connection.

You hit. Exists just two views on high education (middle education considered just mandatory).

First view, that high education must be right (now some countries already formalized guaranteed free high education), and second view, that high education is just another service, which should be regulated by free market (sure, as free as possible).

And this is competition of views. Will see who win.

BTW, I live in Ukraine, country at big war, and we have claimed free high education (yes, it is already partially paid, but still exists possibilities to attend free courses and got free diploma).

And what I see, Ukrainian almost free education is total disaster, few years ago few East countries cancelled practice of automatic acceptance of Ukrainian diploma, because of low quality.

Second issue, we learned from teachers, that Universities will develop new technologies and especially new defenses for country (in exchange for financing them from public resources), but at the moment (two years of war, all science workers have privileges), see nothing, just zero.

Re: Universities are failing to boost economic growth

#30
Yeah no shit. Have you seen the cost and length of programs? The length of the curriculums have just gotten longer, rarely do they subtract. God look at the joke which is the math curriculum to see that.

The average time to graduate is longer. More people drop out with higher debt loads and higher rates of interest on those debts.

Tons and tons of opportunity costs lost because we make a kid pay 4000$ to take a single class in a language he won’t learn and if he did won’t use.

It is a scam and has been since about 2000 when the converted to this entrepreneur nonsense for professors. Mostly just made everyone into a bullshitter.

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