by Michael I. Kotlikoff, Emmanuel P. Giannelis, and Glenn C. Altschuler
To more effectively harness the potential of research universities, whose basic research has enabled the development, among other products, of the iPhone, RNA vaccines and self-driving cars, we need a paradigm shift in higher education. The new approach begins with an affirmation of the centrality of discovery, but it explicitly recognizes the role of the marketplace in driving innovation and the marked decrease in the timeline between concept and product.