I believe there are two major roles of a university, the academic side (teaching students) and the research side. If there is a 3rd or more, please list them.
On the academic side you have professors and counselors helping students earn their degrees and charge tuition, etc... On the research side there are grants and stipends and funding to make the research happen. What does that lead to? Is it mostly just public research that gets disclosed? Do they ever commercialize the research. Is there more to this that I am simply not grasping?
Thanks