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Swinburne Lecture 21 November 2008 - Centre for the Study of ...

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ʻThe basic reality, <strong>for</strong> <strong>the</strong> university, is <strong>the</strong> widespread recognition that new<br />

knowledge is <strong>the</strong> most important factor in economic and social growth. We are just<br />

now perceiving that <strong>the</strong> universityʼs invisible product, knowledge, may be <strong>the</strong> most<br />

powerful single element in our culture, affecting <strong>the</strong> rise and fall <strong>of</strong> pr<strong>of</strong>essions and<br />

even <strong>of</strong> social classes, <strong>of</strong> regions and even <strong>of</strong> nationsʼ.<br />

~ Clark Kerr, The Uses <strong>of</strong> <strong>the</strong> University, 1962 (2001), p. xii

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