Panel:
A Dollar Well Spent: Higher Education Research Finance
(Innovations in Science and Technology)
*Names in bold indicate Presenter
The federal government expends vast resources each year to support academic research. Approximately one-third of these resources are spent on indirect cost payments to universities and other grant recipients. These costs are intended to support infrastructure, utilities, and administration. While seemingly innocuous, these payments have been the subject of great controversy. Some institutions claim the payments are too low, thus institutions lose money on many grants, while scientists claim the payments are too high, thus reducing their capacity to conduct research. Here, Sampat investigates the factors affecting indirect cost rates, as well as the effects of indirect cost rates on university behaviors and the returns to federal R&D spending.Â
One key question is whether federal research support serves as a compliment or substitute to non-federal research support. If the relationship is complimentary, then federal support serves as a spark to further investment, however if they serve as substitutes, federal research support may be crowding out non-federal support. Initial investigations indicate that in general, non-federal research support serves as a compliment to federal research support. Whereas these investigations were conducted at the institution level, here, Langford and Feldman conduct analyses at the investigator level. This allows for more detailed questions to be answered, such as how the relationship between federal and non-federal sources changes over the course of an investigators career.
Another key question is how effective investigators are in transforming their financial resources into knowledge. Here this is examined at two levels, the graduate level and the independent investigator level. In prior work, Graddy-Reed, Lanahan and Ross examined the graduate level by showing that receipt of the National Science Foundation’s Graduate Research Fellowship had little effect on productivity within the life sciences, an observation driven by a near zero effect on female students. Here, Graddy-Reed and Lanahan extend this work to all other major scientific divisions, and examine the effects of gender and race. In prior work, Rosenbloom and Ginther examined U.S. chemistry department funding, measured funding volatility and demonstrated a positive correlation between multiple institutional research capacity measures and future funding. Here, Rosenbloom and Ginther measure productivity as a function of resources at the independent investigator level, providing answers to the question of whether scientific research is subject to economies of scale.