Abstract
Universities value research above teaching due to its influence on ranking tables. Many universities tend to offer high-margin programs in order to channel teaching surpluses towards funding research. Mediocre researchers are valued over inspiring teachers, who are often passed over for promotion. The existence of a research-teaching nexus is questionable when most researchers hardly teach. Despite the proliferation of research publications, groundbreaking research has actually decreased in the last few decades. There are claims that most published research is false, and that there is a crisis of credibility due to the inability to replicate many experiments.
Keywords: Australian Productivity Commission, Incentive System, P-hacking, Research-Teaching Nexus.