Kim, MJ, Park, CG, McKenna, H, Ketefian, S, Park, SH, Klopper, H, Lee, H, Kunaviktikul, W, Gregg, MF, Daly, J, Coetzee, S, Juntasopeepun, P, Murashima, S, Keeney, S & Khan, S 2015, 'Quality of nursing doctoral education in seven countries: survey of faculty and students/graduates', JOURNAL OF ADVANCED NURSING, vol. 71, no. 5, pp. 1098-1109.View/Download from: Publisher's site
It is a given that university research underpins economic and social developments. In 2010, it was reported that Â£3.5 Billion of publicly funded research generates Â£45 Billion a year in job creation and new products (THE, 2010). However, the benefits are not limited to industrial innovation and products. In the United Kingdom (UK), the Arts and Humanities Research Council asserted that for every Â£1 spent on arts and humanities research each year, the UK reaps up to Â£10 in immediate benefit and another Â£15-Â£20 in the long term (Owens, 2010). Similar metrics have been provided in Australia with similar returns on investment for research dollars spent. In Australia it has been estimated that there is a $5 AUD return for every $1 AUD invested in health and medical research (National Health & Medical Research Council, 2003).