Excerpt from the National Post – November 8, 2010
AS GOVERNMENTS AROUND THE WORLD increasingly turn their attention to the economic returns from public investments in research, policymakers are beginning to recognize the value of colleges beyond their traditional training role.
While universities focus on basic research to discover new knowledge, colleges work on applied research problems that are user-centric and often bring immediate benefits to society. The two kinds of institutions are complementary, together helping to prepare Canadians for success in the knowledge economy. "In the spectrum of R&D, curiosity and discovery-driven basic research is generally the realm of universities." explains Nobina Robinson. The CEO of Polytechnics Canada describes the differences and complementarities between universities and colleges, and about the different roles for the research they produce. Downstream from universities, businesses frequently approach colleges to help develop aspects of new or improved products. College faculties and students respond, creating a major route for transferring technology into commercialization. "College-based applied research helps to achieve either new outcomes that bring productivity, competitiveness, new products or commercial benefits."