Bambang Soehendro, a former director general of higher education at Indonesia's Education and Culture Ministry, said at a discussion on research held by University of Gadjah Mada (UGM): "Universities bear heavy burdens to self-finance a minimum of 25% of their financial needs. It is not logical and is unfair."

Indonesia’s universities are reportedly being held back by the need to self-fund a quarter of their work, according to a former education minister.

Bambang Soehendro, a former director general of higher education at Indonesia’s Education and Culture Ministry, said the need for higher education institutions aiming to achieve research university status while having to finance  at least 25% of their needs through their own activities, such as research, industrial partnerships and intellectual property rights, was difficult, according to news provider www.kompas.com.

He said at a discussion on research held by University of Gadjah Mada (UGM): "Universities bear heavy burdens to self-finance a minimum of 25% of their financial needs. It is not logical and is unfair."

Other countries, such as the UK, are discussing bringing in the need to self-finance 10% of universities activities and Soehendro said the average was less than 10% in other developed countries.

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?