Chapter 210
Renee’s interest was piqued. She looked at Professor Wood expectantly, holding her chin like a student.
Professor Wood pushed his glasses up and told her the truth, “Mr. Hunt came today to discuss with me his intention to acquire half of the management rights of BC University…”
“What? He wants to acquire BC University?”
Renee was still emotional and felt that it was ridiculous. “BC University is one of the top public universities in the country. especially its engineering majors. It’s a well–known university even on a global scale. Stefan actually dares to mess with a
public university?!”
Professor Wood shook his head and said, “No, no, how can you call it messing with us? He’s doing it so that BC University would have a brighter future. You know how it’s like for public universities these days. With limited funding for scientific
research, many experimental projects have not made any progress for years…”
“If the H Group really acquires half the management rights of BC University, it would make BC University a semi public and semi private university. BC University will not have to worry about scientific research funding anymore and still maintain its
authority. Isn’t that the best of both worlds?”
What Professor Wood said sounded reasonable. It must be a very persuasive proposal for the staff and students of BC
University.
But Renee knew Stefan very well.
He was a businessman through and through.
Since he was a businessman, he would never do a losing trade. There must be a deeper conspiracy behind the massive
funding!
“Professor Wood, I don’t think things will be that simple. Stefan is a shrewd person. I don’t believe he’ll selflessly fund BC
University without expecting any returns. He must have some harsh conditions, right?”
Professor Wood nodded and said, “Mr. Hunt did state some conditions, but I don’t think they’re that harsh. I find them
acceptable.”
Renee quickly asked, “What are the conditions?”
“After Mr. Hunt acquires BC University, he’ll provide unlimited funding to BC University, including construction funds, experimental funds, incentive funds, etc. However, his condition is that all future research achievements of BC University will immediately be shared with the H Group, and the scientific research achievements in the fields of physics and electronics will
be owned by the H Group…”
“In his dreams!”
Renee immediately became furious upon hearing those conditions. “He’s way too greedy. The physics and electronics disciplines of BC University are world–renowned. Any of their scientific research achievements could change the industry. He wants to own their rights with only a bit of investment? That’s daylight robbery! Why not let me do it?!”
Professor Wood said, “You can also purchase the management rights of BC University if you want, provided that you have the financial power.”
“I…”
Renee fell silent.
She was now only in the early stages of starting her own business. She was already thankful enough that she had no debt. There was no way she would have the financial power to be a capitalist.
However, things would be different after a few years.
She might even become more powerful than Stefan in less than five years!
“Renee, I know what you’re dissatisfied about. All of us who engage in scientific research think very highly of ourselves. None of us want to bow down to the capitalists. But you don’t know how much human and financial resources need to be invested to research something now. Without major backing, the researches will not bear fruit!”
Professor Wood sighed with a heavy expression and said, “In recent years, BC University has been under great pressure. Many universities have overtaken us now. Without seeking breakthroughs, our future is bleak!”
Renee did not know what to say.
This was the harsh reality faced by today’s universities, especially domestic ones.
Without high research funding, many researches simply could not produce results. There were a lot of research breakthroughs
made by foreign universities that their country’s domestic universities could have made first, but they were unable to do so due to insufficient funding. Sometimes, it was less a lack of competence than it was a lack of investment.
Putting aside her prejudice against Stefan, she could actually understand Professor Wood’s reasoning.
“Alright, alright, let’s not talk business at the dinner table. Let’s have dinner first!”
Sophia came out with more dishes, interrupting their argument.
At that moment. Stefan opened the door and walked in.
“Come, Mr. Hunt, we’re waiting for you!”
