State funding support for world-class public universities, like Berkeley, the University of Michigan and the University of Virginia has been reduced as low as zero to 20%. The top tier public universities learned many years ago it was necessary for them to become research universities, which are profit centers, to fund their operations. UNLV and UNR are far behind on the curve in becoming self-sustaining. Both must develop as world renowned research universities to earn income to survive and succeed.
Today Jim discusses the many attributes and plans of UNR and UNLV to make both universities competitive with the other world-class U.S. public universities.
Academic research has been a powerful transformative force and the cornerstone in the foundation of the American economic success. Research universities, along with national laboratories, conduct the bulk of basic research in the nation today. With the decline or disappearance of major industrial laboratories, the responsibility for conducting basic research has further shifted to research universities.