OK so the EU has been an easy form of funds for Universities in recent years- mostly in terms of sifting money off towards the drug companies for research into medicines they then price out of the NHS market. In the times BEFORE the EU existed - our Universities were world leading in many aspects. They have been well run and funded before, and they will be so again. Perhaps less wastefully.
Again, that simply isn't true, and it isn't an easy source of finance for our universities at all. Europe is currently the most productive continent on Earth in terms of its research output. Very little of the Horizon 2020 money goes to drugs companies, but a whole lot goes in areas such as advanced materials, space science, nanotechnology and AI.
https://ec.europa.eu/programmes/horizon2020/sites/horizon2020/files/H2020_inBrief_EN_FinalBAT.pdf
Indeed, Carlos Moedas and his team recently published a paper on the EUs approach to science and innovation, and there is very little to argue with in it.
http://bookshop.europa.eu/en/open-i...3/?CatalogCategoryID=Gj0KABst5F4AAAEjsZAY4e5L
It's increasingly the case that research is undertaken collaboratively between academics at a number of institutions. A big part of that collaborative environment is being able to bid with our peers from across Europe. It represents a huge risk to the science base of this country to leave, not least because departments such as BIS (which contains the research councils) will probably bare the brunt of any budget squeezes as a result of Brexit, just as they did in the last funding round, as 'ring-fenced' departments remain untouched.
Again though, none of this is news, and the Science and Technology select committee published a paper in April this year revealing that the UK contributed nearly £4.3 billion to EU research projects from 2007 to 2013, but received nearly £7 billion back in the same period. So that's £3 billion that needs to be found down the back of the sofa at a time when we're likely to be heading into a recession.
No worries though hey.