Researchers at the University of Salamanca continue to generate resources and projects that stimulate our society. 

As a result of their dedication, hard work and continuous efforts, researchers at the University of Salamanca continue to generate resources and develop projects to stimulate our society, despite the cutbacks we are experiencing.

The immediate results of this endeavor can be seen in the creation of jobs linked to the University and the generation of economic activity in the surrounding area, as demonstrated in a recent study launched by the Social Council of the University of Salamanca called “In Part and in Full. The economic impact of the University of Salamanca” and carried out by Rafael Muñoz de Bustillo Llorente, Rafael Bonete Perales, Miguel Carrera Troyano, Fernando Esteve Mora y Rafael Grande Martín.

Every euro invested in the University of Salamanca generates just over 6 euros in Castile and Leon.

Over the medium and long term, the research helps to develop or improve new services and products which have a direct impact on society. However, research is neither quick nor direct; many research groups or projects may bear fruit only after long years of effort and perseverance, but it does happen.

The economic effect of the University of Salamanca is nearly 1 billion euros

Throughout this entire process we mustn’t forget the repercussion of this activity on training young scientists, technologists and students, and even on the hundreds or thousands of people who approach the University. During this process, the University is not alone, but instead works and collaborates openly with other Research Centres and Institutes, the CSIC, the Clinical University Hospital, Health Centres, Businesses, etc.

The good news is that the University is not waiting for time to pass, but is quickly adapting to face a new reality in which competing for research funding is increasingly complicated and requires new strategies and methods to overcome restrictions that had not existed before.

The efforts made by the University, spearheaded by our Rector and Vice-Rector of Economics, to recover the VAT placed on research projects have been covered by Antonio Arias, Auditor General, in his prominent blog fiscalization.es with an article “Universities and the VAT of basic research” in which he noted:

This is great news for our institution and for the entire Spanish university system.

Additional media coverage includes:

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These funds, together with the effort and daily work done by researchers and support structures for research will increase our ability to transfer to society improving quality of life and optimism.

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Posted by Juan M. Corchado

Vicerrector de Investigación y Transferencia - Universidad de Salamanca // Vice President for Research and Technology Transfer - University of Salamanca

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