China Universities Waste Millions, Fail To Make Real Use of Research, Audit Finds in Indictment of Tech-Sufficiency Drive (scmp.com) 27
Universities in a southern Chinese region are not doing enough to turn academic research into market applications, and in maintaining large piles of idle funds, and the findings could raise questions about the nation's ambitious tech self-sufficiency drive. SCMP: According to a new audit report by the Guangxi Zhuang autonomous region for 2022, nine universities in the region had extremely low conversion rates in bringing inventions to the market -- below 1 per cent -- from 2020 to 2022. Among them, one university saw no successful industrial applications out of 862 implemented research projects funded with a total of 131 million yuan (US$18.2 million). The findings spotlight a long-standing weak link in China's push to strengthen basic research, which it views as crucial to becoming a tech superpower by the middle of the century, and to breaking free US tech-containment measures. "Essentially, this reflects a nationwide issue," said Liu Ruiming, a professor with the National Development and Strategic Research Institute at Renmin University.
Wrong. (Score:5, Interesting)
Bloomberg is usually very pro-China since Michael has a lot of investment there himself. [archive.is]
Zhang Chunzi, a 25-year-old who works at a foreign trade company in Hangzhou, still has 150,000 yuan of loans outstanding from a dozen platforms including Ant Group Co.â(TM)s Jiebei service.
Zhang, who lost her job in February last year due to the pandemic and only just found a new job in June, makes a monthly 6,000 yuan after-tax.
Sound familiar? Yea this article is 2 years old. Even the official gov't propaganda isn't talking about forgiveness though - only deferred payments, which are probably lies like everything else they say.
Their Gen Z isn't any better off than ours. [archive.is]
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TFA might be paid for by the CCP. What better way to make your rivals complacent than to make them think you can't compete with them?
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It's also China. The home of industrial espionage and the country that can't seem to make any innovations on their own - just steal them. [nytimes.com]
Anyone else remember the Capacitor Plague of the early 2000s? Literally the result of Chinese Industrial Espionage? [theguardian.com]
Re: Wrong. (Score:3)
I worked for a semiconductor design firm back in the nineties and our designs were being stolen by the Chinese then - they had a whole industry centered around delidding ICs and studying them with advanced microscopy. Turns out copying and designing are separate skills...
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It's also China. The home of industrial espionage and the country that can't seem to make any innovations on their own - just steal them. [nytimes.com]
Anyone else remember the Capacitor Plague of the early 2000s? Literally the result of Chinese Industrial Espionage? [theguardian.com]
Oh yeah, I had some of those nasty Dells. You'd pop open the case, and those Rubycon caps would have swelled tops, and you knew they were a time bomb waiting to go off. Never had a fire, but it did create a lot of e-waste.
The concept of theft instead of innovation has been tried before, and it generally fails. If not immediately like the secret capacitor sauce, after some years.
I have a feeling USA universities (Score:2, Flamebait)
are also full of bullshit and prestige posturing.
Re:I have a feeling USA universities (Score:4, Informative)
are also full of bullshit and prestige posturing.
USA universities are profit driven. Show profit = success. Education is absolutely non-necessary. In fact, education may be a hinderance, depending on how prominent the athletic programs are.
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are also full of bullshit and prestige posturing.
USA universities are profit driven. Show profit = success. Education is absolutely non-necessary. In fact, education may be a hinderance, depending on how prominent the athletic programs are.
Education, i.e., the acquisition of knowledge, is absolutely necessary. University degrees may or may not be necessary, depending on the specific job. Professors and teachers need degrees to qualify for a job. Lawyers need law degrees, and doctors need medical degrees (for the most part). Many other jobs require either a degree or experience, so a degree is easier to obtain for young people.
One big part of getting a college degree is demonstrating the ability to run the college gauntlet, both educationa
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How is this in any way relevant to what the parent is saying?
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How is this in any way relevant to what the parent is saying?
Uh, because the parent claimed, "Education is absolutely non-necessary." My direct response is that education is obviously sometimes absolutely necessary and sometimes not necessary. My response is clearly not only relevant but a direct, on-point response to the parent.
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are also full of bullshit and prestige posturing.
USA universities are profit driven. Show profit = success. Education is absolutely non-necessary. In fact, education may be a hinderance, depending on how prominent the athletic programs are.
Sometimes it is difficult to determe if something is satire... which usually means it's decent satire.
So forgive me if I've missed the joke but if profit was all that mattered, the various certificate mills would be the worlds best universities, especially in developing countries where people just buy their degrees/certificates. Having worked in higher education, it's not so much profitability (universities, even in Europe need to make a euro to survive) but rather employability that matters to students
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And whatabout them other things????
Praise capitalism! (Score:2)
1% can still be a big number (Score:2)
frank (Score:2)
punishments to be meted out (Score:2)
Universities Waste Millions (Score:2)
Universities Waste Millions, Fail To Make Real Use of Research.
FTFY
But they published a lot of papers and patents (Score:2)
Their paper output and patent output has been amazing, looks like it is all not so useful.
Relates to most universities (Score:1)
The
Fundamental research? (Score:5, Interesting)
So are they actually saying that China is investing more than the US in fundamental research? Without a qualitative analysis, we can't know, but apparently the bean-counters &/or the journalist don't seem to care; the bean-counters just want to "move the needle" of the metrics by any means necessary (a bean-counter mindset), thereby frequently falling into the Goodhart's Law trap: https://en.wikipedia.org/wiki/... [wikipedia.org]
Research is waste...in a sense (Score:2)
This article is stupid (Score:2)
So, it's a study over *two whole years*. And the total "waste" they found is all of $16M! Wow, what a waste! $16 million! There are individual University labs in the US that waste more than that on lunches for meetings, I think!