The subject I am to discuss in this paper is so extensive that I am obliged to restrict myself to a specific problem-area. This restric- tion, however, is not an arbitrary one. It is guided by the altered place and function of modem science in our highly developed civilization. In this address emphasis will be placed on the position and function of science, rather than that of the university. This shift in emphasis is not coincidental. To gain insight into the future of universities, one should have clarity about the present and expected future róle of science in our society.