2020 Volume 30 Issue 1 Pages 2-7
Most of universities in Japan have been annoyed by inadequate and decreasing funding by Government. Ministry of Education, Culture, Sports, Science and Technology has started new funding for universities to establish Institute of Open Innovation (IOI). IOI is expected to enhance the investment in universities by companies and thereby they will be more independent in future. Tokyo Medical and Dental University (TMDU) was among 8 universities selected to receive the funding and IOI of TMDU rolled out in December 2018. Since the concept and mission of IOI are quite new to TMDU, almost all staff have been recruited from outside. As IOI of TMDU has worked, we are introducing new rules and arrangements in TMDU to let it go forward. There remain some issues how to set a rational amount of research fund and overhead, however, we keep on challenging to evolve IOI to bring us unprecedented values.
