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re: MIT scientist Richard Lindzen with best summary of Fear Science ever
Posted on 1/7/14 at 3:06 pm to CAD703X
Posted on 1/7/14 at 3:06 pm to CAD703X
quote:
He says it mostly comes down to the money—to the incentive structure of academic research funded by government grants
Quick question as I am ignorant on this subject.
How do grants work when it comes to research? Do the researchers get the money in one lump sum and can do with it as they please? Are they allowed to spend grant money on themselves as if it were their salary? Is there oversight/accountability as to how the money is spent?
This post was edited on 1/7/14 at 3:07 pm
2
Posted on 1/7/14 at 3:21 pm to UGATiger26
quote:
Quick question as I am ignorant on this subject. How do grants work when it comes to research? Do the researchers get the money in one lump sum and can do with it as they please? Are they allowed to spend grant money on themselves as if it were their salary? Is there oversight/accountability as to how the money is spent?
I have limited experience, and based on that, researchers are usually affiliated with some type of institution such as a university, the grant money will be released to the institution which manages the money. If it is a multi-year grant it might be paid in installments, and verifiable milestones may need to meet to continue the funding. The institution usually budgets salary for researchers from the grant, but someone hauling in major grant money can expect it to be reflected in their salary.
Posted on 1/7/14 at 3:28 pm to UGATiger26
quote:
Do the researchers get the money in one lump sum and can do with it as they please?
This varies greatly depending on the type of grant, but usually grant proposals are very specific about how the money will be spent. There are always rules about what the money can be spent on. Also, the rules pertaining to grants are currently undergoing change due to recent legislation that will likely make lump sums more common.
quote:
Are they allowed to spend grant money on themselves as if it were their salary?
Yes, this is usually written in. A major college professor may take half of his income from grants.
quote:
Is there oversight/accountability as to how the money is spent?
I think the oversight is actually pretty good at this point in time simply because the competition for funds is so high.
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