4 ms·
That's actually low! Most of the Universities we've explored research grants with wanted 45-65% overhead for the university, then another 10-15 for Research org
by ganoushoreilly 7y ago
That's actually low! Most of the Universities we've explored research grants with wanted 45-65% overhead for the university, then another 10-15 for Research organization, with the remainder sorted between the researchers / company. We found it was actually just cheaper to pay for the research ourselves and hire the students directly for part time work than go through the grant process.
I sat on a couple school boards for a while, all that was ever discussed was fund raising and how we should be contributing more. Very little focus on education. Sadly it's turned me off spending time with Schools and just targeting students / researchers directly.
- gjs278 7y agoit’s not actually low. you’re both just being scammed.
- yjftsjthsd-h 7y ago> and just targeting students / researchers directly. Sounds like a win-win, yeah? So, sorta happy ending...
- ganoushoreilly 7y agoTo a large degree yes, but a lot of the work would have fared better with a larger pool of people to work on the problem. We have to be more selective in candidates and in turn, we spend more money out of pocket vs wider spread from the grant pool of cash. The original purpose of grants was to spur technology growth and acceleration, now they're just one more notch on the ole' funding universities piece. We need an overhaul on bloat in state schools at a minimum, then we're good. The other issue is patent / design ownership arguments, but that's for another day.