Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS being in the bulls eye Coping with public disinvestment – diversifying revenue sources

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Globalization ”The bulls eye” Knowledge societies – increased demand Fiscal austerity – budget constraints

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS The challenge for universities: Funding of the triple helix A -- education B -- research C -- knowledge transfer

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS * * Source: FL *1999 and 2001 are calculated VTU information and includes graduation bonus. Deflated using net-price index Law, economics etc. Danish, history etc. Medicine Comp sci, physics Chem, biology ect. Odontology Language, culture etc. Engineering Pharmacology Veterinarian Math, statistics etc. Public funding of higher education (A) Indexed development in selected taximeters for HE in Denmark

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Public funding of R&D /2010 (B) for DK budget Act three years

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Financing knowledge transfer (C) public and private funds for  Stimulating demand (targetted incentives, insertion, matching ….)  Meeting demand for pay (contract research, consultancies, grants to special projects ….)  Organizing supply (TTO, external service units ….)  Exploitation of intellectual property (University Press, legalizing IP ….)  Public – private structural partnerships (foundations, science parks, incubators, project hotels, innovation camps, consultancies etc.)

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS New funding compact for Denmark’s universities  Public funding for education follows productivity (quality and quantity- new taximeter) - A  Public funding for research, 50% direct, 50% in competition including overhead (60%) - B  Funding of demand and supply in knowledge transfer system (private: proof of concept, innovation, joint ventures, …; public: monitoring, analysing, strategic research, governmental support, …) – C Each funding element will aim at full cost financing, and at large, multi-year grants or contracts

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS New legal framework for Danish universities  New University Act (2003, revised 2007)  Self-governing institutions with external Boards  Further increase in autonomy and accountability (auditing by private firms such as PWC)  Development contracts with the Government (Ministry of Science, Technology and Innovation )  New management structure with the Rector being CEO- like (selection not election)  Merging / inclusion of national institutions and laboratories as of January 1, 2007

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS The Globalisation Fund in Denmark  Expected yearly increase in funding of education, research, innovation and entrepreneurship 2007: 300 mill € 2008: 600 mill € 2009: 900 mill € 2010: mill € 2011: mill € 2012: mill €

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS A snapshot of University of Aarhus

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Ranking  One of Denmark’s three elite Universities competing for 66% of the country’s research - AU’s ambition is to count for 25% of the total  Produces 2000 bachelors, 2000 kandidates/masters, 250 ph.ds per year - AU’s ambition is 3000, 3000 and 500  Research university of international class (ref. THES etc.)  AU nr. 3 in Scandinavia, 57 in Europe, 105 in the World  Science 1 in Scandinavia  Health sciences 2 i Scandinavia  Economy 25 in the World  Political Science 5 in Europa

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS University of Aarhus  21,000 students (2010: 30,000)  9,886 academic bachelors degree students  10,290 kandidat/master degree students  870 Ph.D. students  5,000 staff (2010: 2,500)  3,000 academic  2,000 technical  5 faculties (2010: 7 and one National Lab), 29 institutes, 73 research centers  1 campus, 350,000 sqm buildings (2010: 4-5 campuses)

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Income and expenditures University of Aarhus annual balance 0.5 billion €, competitive research funding (2010: expected balance 0.8 billion €)

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS University of Aarhus Research Foundation AUFF  Rector of AU is chairman of AUFF  Endowment (market value) 0.5 billion €  Annual balance of business 0.9 billion €  Annual research grants to AU research 10 million €  Annual investment in AU real estate 10 million €  Current annual direct and indirect support of AU activities approx 6%

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS University of Aarhus Research Foundation

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS AU supporting the ”new deal” in Denmark (proactive globalisation policy and knowledge society as the prerequisite for sustaining the wellfare state)  Engaged in liaison activities with society  Prioritized participation in national program committees  Accepted the role of the mass (elite) university  Redefined the ”Humboltian” tradition to also include innovation, contracted research, knowledge transfer besides the research based education

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS The challenge -- is not funding but competing for the most advanced human capital

Lauritz B. Holm-Nielsen, Rector Transatlantic Dialogue, Barcelona, October 6, 2006 THE UNIVERSITY OF AARHUS Universities in the bulls eye thanks for the invitation