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[The global system of higher education and research is undergoing a transformation so radical that it can reasonably be compared to the most decisive events in the history of the university. The introductory chapter considers the nature of this transformation. Based on recent scholarship and the contributions to this volume, it is argued that the mission of the university is increasingly becoming construed as that of a supplier of a certain kind of commodity, “knowledge,” to the global economy, in particular, to powerful economic actors within that economy: those who have the resources to engage in gambling on commercialized scientific results and who can outsource R&D activities to the university. The propertization of research and the privatization of its results lead, among other things, to a proletarization of academic labor (research and teaching), with manifest consequences for the character and consequences of its activities. The supply and demand definition of quality in higher education and research erases the distinction between the concept of value and the concept of demand. The notion of “innovation” collapses higher education, research, development, and commercialization into one and the same aim.]
Published: Nov 4, 2012
Keywords: High Education; Innovation Strategy; Venture Capital Financing; Bologna Process; Policy Practitioner
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