In universities all over the world, hiring and promotion committees regularly hear the argument: "this is important work because it is about to appear in prestigious journal X". Moreover, those who allocate levels of research funding, such as in the multi-billion pound Research Assessment...

University research provides valuable inputs to industrial innovation. It is therefore not surprising that private sector firms increasingly seek direct access through funding public R&D. This development, however, spurred concerns about possible negative long-run effects on scientific...