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“Multiple Funding”—More than a Challenge for Austrian Universities |
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by Michael Stampfer
and background information on
Frank Stronach and his Institute by Stefan Eichberger
Abstract
Graz University of Technology (TUG) will receive about €24 million over
the next ten years from the MAGNA industrial group, to build up the
'Frank Stronach Institute (FSI).' This deal is definitely different
from the usual ways of financing research in Austrian universities.
Moreover, it can be labeled neither as typical contract research nor as
a typical donation, therefore raising fundamental questions of
science–industry cooperation in a given country. It is an altogether
remarkable step on the long path to 'multiple funding', i.e., a broader
finance base for the Austrian universities.
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