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Britain is one of the main beneficiaries of EU science funding and the big five pharmaceuticals companies have been expert at subsidising research with cash from Brussels.
They will work out quickly enough that their high fees are cross subsidising research in other areas and he has a warning.
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Another idea would be to subsidise research consortiums rather than specific companies, but such investments create few jobs directly.
He says that overseas students have been used for years by universities to subsidise research and that higher fees will just mean domestic students doing the same.
MOOCs will make it far harder to overcharge students, especially undergraduates, in order to subsidise research that nobody else will pay for.
The list goes on.One of the most interesting allegations buried in the legal documents concerns the use by investment banks of underwriting fees to subsidise research by other investment banks in an underwriting syndicate at the request of the company issuing shares.
The hefty fees paid by foreign and postgraduate students are siphoned off to subsidise research and the unprofitable teaching of British undergraduates.That creates a gap, and into it is marching a private company, BPP, which is already the country's largest provider of professional training.
Even allowing for the fact that some of the fees at America's top universities are used to subsidise research, Cambridge argues that more is spent on educating America's top engineers than on Britain's.Certainly, assessments of the teaching at Oxford and Cambridge, conducted by the government's funding agency, support their claims of superior quality.
Mr Blum told an EU delegation in Dresden recently that the dearth of headquarters was costing the region about 30% of the value-added that companies usually bring.Mr Blum has a proposal for the region's development that would reward companies for investing there and subsidise research and development.
But at present there is an important imbalance in the amount of resources destined to subsidise research initiatives associated with age-related disorders rather than funding all the areas of ageing research, particularly healthy ageing.
Unlike many AHSCs in North America, medical schools in England do not own or govern faculty practice plans, which allow medically-qualified faculty to undertake clinical practice in owned or affiliated teaching hospitals and use the arising patient care revenue to cross-subsidise research and education in medical schools.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com