As the economic crisis forces a new focus on longterm investment in institutions, it is essential that we recognize the contributions of America's great research universities to our national welfare.
They have been a model of innovation throughout the world, and they are a rich resource for the complex economic, social, scientific, technological, and medical problems we face.
In a transforming economic landscape, Jonathan Cole argues that it is crucial that we support and nurture this powerful--yet underappreciated--national resource.
About the Author: Jonathan R.
Cole was Columbia University's provost and dean of faculties from 1989 to 2003, holding the position as the university's chief academic officer for the second-longest tenure in its 254-year history.
He is currently the John Mitchell Mason Professor Emeritus at the University at Columbia.
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