• sunzu2@thebrainbin.org
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    3 days ago

    Stanford and MIT are private institutions…

    why we rocked all research for decades.

    Yeah no shit, american taxpayer is paying for a lot of base research while not getting any return for their investments beyond jobs and ability to buy products from some rent seeker.

    That doesnt feel very capitalist to me.

    • InverseParallax@lemmy.world
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      2 days ago

      Sorry, public universities get into the act too:

      https://www.buffalo.edu/tcie/grow-your-business/collaborate/research-partners.html

      Oak ridge is a partnership with UTK, and one of the few ways to get literate people into Tennessee. Sandia is the same, mostly funded by private corporations or the military/DOE.

      Berkeley is too, we got mips and a ton of other stuff out of that.

      You’re upset they don’t profit more, then demand a bigger share from licensing!

      They don’t demand more because the administrators are corrupt as all fuck, and take small rewards in exchange for selling the larger ones, but even UT has a ton of money coming in from profit sharing, and most decent research universities do.

      I’d love to see us cut tuition by making universities more reliant on research and/or alumni funding, they’d end up focusing on things that lead to successful student outcomes.