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August 12, 2008

Comments

Nice post. A core question in thinking about the incentives for R&D within universities seems to be who is the customer. It's not obvious what the balance between fellow faculty, students, and the public should be. Probably the variety of different balances we see struck between liberal arts colleges, research universities, and think tanks provide a healthy ecosystem.

...but research universities have been the most successful at mining nature for discoveries useful to inventors for solving practical problems.

Great post, Dane.

On to the discussion of oil, an article in the New York Times last year about the use of steam-flooding that makes old oil fields operational once more. Maybe the innovative oil companies should change their slogans to "good til the last drop."

http://www.nytimes.com/2007/03/05/business/05oil1.html?ex=1330750800&en=0aac823236dfd89f&ei=5090&partner=rssuserland&emc=rss&pagewanted=all

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