Researchers often feel undervalued in their own institution. They work without much internal support such as research assistants, admin support and so on. They may even be unable to attract many research students because of their University's reputation.
Then I thought about the following. Think of Singapore and Hong Kong and how they transformed their universities by buying in good academics. Now they have their own staff in many cases. Think of this also. Korea choose ten discplines they want to excell in. They contact 10 leading academics from the work in each subject and offer them double their salary. They will provide them with admin and research support and build teams around them. I think the cost of the 100 salaries (at double Australian salaries) would be $30 million a year.
Considering they may be paying 15 million for present professors this seems a good deal for them. These academics will publish in the top journals, develop and mentor others and make Korea world leaders in these 10 discplines. I know that Korea is already doing very well in my own discpline and is ahead of Australia in top papers. The result is after a few years Korea is recognised as being a world leader in these 10 discplines and it has avery positive impact on their economy in terms of flow through such as attracting students, improved innovation in the economy and so. The extra 15 million seems trivial!
What I am saying is those same academics are probably undervalued in their own country and even by their own institution. Yet their abilities can change a country - strange but true....
www.CompletePhD.com
Then I thought about the following. Think of Singapore and Hong Kong and how they transformed their universities by buying in good academics. Now they have their own staff in many cases. Think of this also. Korea choose ten discplines they want to excell in. They contact 10 leading academics from the work in each subject and offer them double their salary. They will provide them with admin and research support and build teams around them. I think the cost of the 100 salaries (at double Australian salaries) would be $30 million a year.
Considering they may be paying 15 million for present professors this seems a good deal for them. These academics will publish in the top journals, develop and mentor others and make Korea world leaders in these 10 discplines. I know that Korea is already doing very well in my own discpline and is ahead of Australia in top papers. The result is after a few years Korea is recognised as being a world leader in these 10 discplines and it has avery positive impact on their economy in terms of flow through such as attracting students, improved innovation in the economy and so. The extra 15 million seems trivial!
What I am saying is those same academics are probably undervalued in their own country and even by their own institution. Yet their abilities can change a country - strange but true....
www.CompletePhD.com
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How interesting. These are indeed dynamics of the 21st century knowledge economy. By Korea attracting and rewarding resources that are undervalued by current owners, Korea will likely make that transformational leap-frog and find itself ahead in the race.
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