tag:blogger.com,1999:blog-7815564874722496808.post5827466071976124215..comments2023-04-27T03:36:36.821-05:00Comments on The Periodic Table: Mr. B.http://www.blogger.com/profile/02067666077743889680noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7815564874722496808.post-62109319480320910612009-01-16T12:51:00.000-06:002009-01-16T12:51:00.000-06:00Your point is well taken.Of course hiring a well-f...Your point is well taken.<BR/><BR/>Of course hiring a well-funded senior researcher, or growing one, can "make" money. A young hotshot can also bring in the big bucks. <BR/><BR/>But let's be honest and upfront about this and admit that hiring new people who will bring in research grants is NOT a valid argument for new buildings unless the total cost is factored in. <BR/><BR/>The sad fact is that, net, justifying medical research for the money brought in is a losing proposition. In general, the more research grants you have the more you have to spend. Our Administration has been less than candid about this matter.<BR/><BR/>But thanks for your comment. I am selective about what is in the blog but always try to post a link so that interested parties such as you have a chance to check out the original.Mr. B.https://www.blogger.com/profile/02067666077743889680noreply@blogger.comtag:blogger.com,1999:blog-7815564874722496808.post-81847384724944777442009-01-16T12:32:00.000-06:002009-01-16T12:32:00.000-06:00I agree with much of your post but I am a little c...I agree with much of your post but I am a little concerned with your omissions... rest of the "Rochester" article in question.... Looks like it supports UMN's approach.<BR/><BR/>"The study acknowledges that senior-level faculty generated more grant support per dollar invested in them than did their junior counterparts. Furthermore, institutions are more likely to recover a greater share of costs after new hires are in place for two years or more, the authors noted. As a research enterprise grows, and garners prestige, it’s also easier to attract strong young faculty or more senior-level investigators that may generate more dollars more quickly, Guzick said.<BR/><BR/>“It is a phenomenon of the rich get richer,” he said. “Not only in a financial sense, but in a talent sense.”Anonymousnoreply@blogger.com