27 May 2018, Australian Financial Review, Geoff Prince.
Australia has enormous intellectual capital tied up in PhD students and graduates. But are we getting the best return on the investment?
Definitely not. Our private sector under-utilises PhDs compared to Australia’s competitors, while our public sector does the opposite. And while our universities are preparing PhD graduates for employment outside academia, the career opportunities in business are unknown to many undergraduates thinking about taking a PhD.