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.