Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

Marsden Fund Growth Must Continue

Media Release 23 September 2008

Marsden Fund Growth Must Continue

Good, but not yet good enough was how New Zealand’s eight universities greeted the largest ever annual investment by the Marsden Fund with $54 million to be outlaid over three years on 91 new research projects.

Today’s announcement by fund administrators the Royal Society of New Zealand saw universities secure 87 per cent of the total 2008 Marsden allocation which the universities’ representative body, the New Zealand Vice-Chancellors’ Committee, described as a good result.

However, NZVCC Research Committee chair Professor David Skegg says that as the most significant research sector in the country, universities need more research funding to maximise their contribution to an economy based on growth and innovation.

“The fact that only 11 per cent of preliminary proposals in this year’s Marsden round actually received funding is a sure indication that many university research projects which had the potential to add to New Zealand’s social and economic well-being have missed out.

“Universities are the country’s major source of new knowledge and basic research and as such, continue to advocate for increased public investment in university research through the Marsden Fund, Health Research Council and the Performance-Based Research Fund.”

Professor Skegg pointed out that among the successful university proposals in this year’s Marsden round were research projects involving venture capitalists and intellectual property, and MDMA (ecstasy) abuse and brain behaviour.

“These are good examples of both universities’ contribution to commercialisation of the national research effort and addressing problems which have a serious impact on New Zealand society.

“Universities could, and should, do more to improve the standard of living and quality of life for all New Zealanders but need more public investment in their research to fully deliver on that potential.”


ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
Kakī: World’s Rarest Wading Bird Released In Mackenzie Basin

Conservation Minister Maggie Barry says the birds will add to the 60 released into the Tasman valley earlier this month, significantly boosting the wild population. More>>

ALSO:

IHC Tribute: Colin Meads

"While Colin is best known for rugby, to us he is one of a small number of distinguished IHC New Zealand Life Members recognised for their significant support for people with intellectual disabilities," says IHC Chief Executive Ralph Jones. More>>

ALSO:

Howard Davis Review: Tilting at Turbines - The Trip to Spain

Steve Coogan and Rob Brydon have now both broken the Big Fifty barrier, which seems to have brought a whole new level of angst to their midlife adventures ... More>>

Review: A Rose By Any Other Name Would Smell As Sweet

The Royal New Zealand Ballet has accepted the challenge of this heart-touching tragedy and largely succeeded. More>>

ALSO:

NZ's First Male IAAF Gold: Tom Walsh's Historic Shot Put Victory

Although feeling very sore but with a great feeling Tom Walsh took his place as number one on the victory dais to receive his much deserved gold medal. More>>

ALSO:

Scoop Review Of Books: Q&A: Hard To Find Books

"Unfortunately we are in crisis and this friendly dinosaur faces extinction… Our only hope is to try and raise funds to buy the building and restore it to its glory, either fully funded or with a viable deposit." More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland