Value of Research to Industry
Description
The Value of Research to Industry by R. Perry Shorts is a publication from the Department of Engineering Research at the University of Michigan. The text is based on an address delivered by Shorts, Regent of the University and President of the Second National Bank and Trust Company of Saginaw, Michigan, at an annual luncheon for Michigan manufacturers held in Ann Arbor. Shorts discusses the significant impact of scientific research on industrial progress and the vital role of university-industry collaboration in driving innovation. Through various examples, he illustrates how research has led to the development of new technologies and products, emphasizing the necessity for businesses to embrace scientific inquiry to stay competitive. This publication underscores the transformative power of research in advancing industrial practices and enhancing economic growth, and highlights the University of Michigan's commitment to supporting the state's industrial sector through scientific expertise and resources.