It could be argued that this is a moment of great change in business education, not unlike that which led to the Gordon-Howell report, as the research-practical application debate, the emphasis on ethics and the demand for MBAs provoked by the financial crisis come together.

ECONOMIST: The Gordon-Howell report of 1959

Therefore, universalism, criticism, unitarity of knowledge, relevance of basic resarch, namely research which is not immediately addressing any practical application, attention towards different cultures, consideration of our history, and attention not merely to the technical aspects of the scientists, but also to the cultural ones.

UNESCO: Science Policy and Capacity-Building

In those instances when such research leads to a novel technology, it is the role of the NIH and recipients of NIH funds to disseminate the research findings and, as appropriate, pursue further development to bring technologies to practical application to benefit the public.

FORBES: Sen. Wyden's Proposal Will Kill NIH-Pharma Collaboration