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Future News - Universities close as research does not meet the needs of industry

Universities close as research does not meet the needs of industry

Universities close as research does not meet the needs of industry

Wild Card's progress: fully-fledged

This Wild Card came from: 
European Commission Framework Programme for RTD

The theme/scheme related to this Wild Card: 
CAPACITIES: Regions

The sub-theme that best relates to this Wild Card: 
Bringing the benefits of research to SMEs

Likelihood timeframe and scenario features : 
now-2050

Wild Card's description 
Research interests of Universities do not meet the needs of Industry and there is a large divide between industries wanting to work with Academic institutions. This lack of technology transfer leads to industry-led research in the private sector and a complete breakdown of working relationships with Universities. The financial loss to Universities is catastrophic.