Thank you very much. I'm glad for your candour because in my opinion—maybe I'm wrong—universities are very much takers when it comes to public dollars, but when there is an opportunity to license something or sell something, all of a sudden they become a private business.
I've always had a bit of an issue with universities taking federal money, provincial money, and then, when an idea becomes profitable, it becomes their idea, and all of a sudden they want the money. I agree with your concept. I just don't know how you're going to make the change.
While you were talking about it, I was thinking about different drug companies. In a way, they kind of do that global licensing anyway lots of times. I think—and I could be corrected—that if a pharmaceutical company is selling a drug in North America and then decides it doesn't want to sell it in Europe, it sells the European rights to a different drug company anyway.
I see that there is a lot of value in what you're saying, and it's not just in pharmaceuticals; it's in lots of technology companies as well.
If you go back 10 years, certainly on average, the funding line is trending upwards for the money that CIHR has to invest, so if you look at the last decade, it's pretty close to $10 billion. In the midst of all of that, there's also been tremendous money invested—probably hundreds of millions of dollars—in university campuses and college campuses, on labs and other upgrades. Is there a number annually that will achieve all that we're trying to do here, or is there enough money now, but it's just not being allocated appropriately?
Does anyone have any thoughts?