Understanding Your Institution's Investment In Research
For many higher education institutions and academic medical centers, declines in health care reimbursements, state funding, and government research awards are resulting in financial strain, including the funds available to further invest in their research mission.
This current climate underscores the importance of managing research expenses - yet many institutions don't understand the extent of their current investments.
Among 46 institutions surveyed by the Association of American Medical Colleges (AAMC) and Huron, an institution's average research investment was an additional $0.53 for each dollar of sponsored research received.
What are the major areas where institutions are investing in research? Consider the following survey findings.