http://www.universityaffairs.ca/images/BlogTheBlackHole.pngBy Jonathan Thon - The Black Hole. Government support of research and development should focus on expanding its ability to engage in early basic research, where justification for government intervention is strongest, while incentivizing programs that will help bring these discoveries to market. To better appreciate this point we need look no further than across our largest border. Over the last three decades American universities have taken on a greater role in research and development as many large corporations have shut down or repurposed their central research laboratories. More...