Richard Lambert and Nick Butler: The future of european universities: Renaissance or decay?

Richard Lambert and Nick Butler: The future of european universities: Renaissance or decay?

Knowledge is an increasingly critical factor in shaping economic life. But in Europe, the institutions that should be the main sources of knowledge are failing to meet the challenge. Among the world’s top ten universities, only two are in the EU. Europe’s higher education institutions are slow-moving and under funded. If Europe wants to stop falling behind and stem the ‘brain drain’ across the Atlantic it must act now. It needs to devote more resources to research, improve its teaching record, build up centres of excellence, strengthen links between education and business, and give its universities more autonomy.

Richard Lambert will take over as Director General of the Confederation of British Industry in July 2006.

Nick Butler is Group Vice President for Strategy and Policy Development at BP p.l.c.