Firms and academia: a bad marriage?

Latin American universities must concentrate on improving their quality, otherwise they will not be a solution to the lack of innovation. They will become a bigger part of the problem. There is a widely shared agreement about the role that universities play on innovation. In general terms, it is believed that building a good triad of firms, government and academia, is a necessary condition for innovation. What if we take a different stance, and claim that in Latin America it might not even always be advisable? The effect of putting firms and academia together is expected to be dual. It would swiftly diffuse basic and applied research to firms and products, and it would have companies steer research in the […]