The current higher educational landscape in the UK is marked by complex sets of expectations, accompanied by efforts to encourage universities into diversifying and stratifying functions. Yet the picture is far from clear and a number of tensions and contradictions remain, such as in relation to incentivisation and reward structures which impact differentially on universities. For universities that attempt to translate these agendas into meaningful actions at the local level, the result is a mixture of enthusiasm, engagement, retreat and defence. (...) This article will demonstrate such processes in action through a discussion of the ongoing "Manchester--Knowledge Capital" initiative, which seeks to bring local and regional partners and universities together to create a critically acclaimed global pivot to the emerging knowledge economy. (shrink)

The existence of conflicting messages on the role and status of the university is linked to a wider paradox of values about science in society. Value is attributed to science and assumed by the university in the context of the move to knowledge-based economies and societies, yet this has not been accompanied by a systematic and balanced debate about the values that should underpin socio-economic change. Questions are then raised about both the effectiveness of public policy and the role of (...) universities in society. A reconnection between the application and production of knowledge is needed, as well as the reinsertion of a normative framework for guiding and shaping change within universities. Only under such conditions can a meaningful debate on the roles of universities as places of expectation and spaces for reflection be realized. (shrink)