Where are we on the tech cycle? Key is the question of where do new ideas come from. Historically, four places: government labs, big corporations, startup companies, and research universities. Government labs are shrinking (in the US, at least). Big companies are looking closer term, and even the most technological companies spend less than 1% of sales on research. Startups have suffered the burst bubble. So this leaves universities somewhat alone. This isn't meant to be self-serving, but it plays nicely into the change in higher education -- it has to become more research university-oriented than just classroom affairs. |