Well, if a university go to the bank to borrow money they will ask for collateral. But what I am saying is that since all stakeholders, including the capital market benefit from the university, they should also help in raising seed money to put to the university for investment. The university may not have that capacity to raise from the capital market because of the strings attached the return, interest rates and all that. Yes, financial autonomy is the most important, universities should be well funded. if they are allowed to do their own thing the way they want to do it, the best way they can do it. Government should no longer appoint vice chancellors and should allow the university to do their own thing.
Universities know who is who.
In the past, under the military administration, appointments into universities were even made from outside to come and stay in a system he doesn't know anything about. Universities should first of all be allowed to be financially autonomous, everybody not only government - the public that is serviced by the university should be fully involved in all that. The basic reason is poor funding, poor salaries. This problem dates back to 1990 or there about. He was of the same rating with counterpart outside this country.