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Study: Growth in research comes at a steep price
Date:1/18/2009

A study released this month confirms and quantifies what many medical school deans and financial administrators have long understood: Basic science research can be an expensive luxury. The study, which was conducted by the University of Rochester School of Medicine and Dentistry, found that the school had to add 40 cents to every dollar of external grant support received by newly recruited scientists in order to achieve financial equilibrium. This is in contrast to support required for established scientists, which is considerably less.

"The benefit of research, both to an institution and society, is greater than the sum of the parts," said David Guzick, M.D., Ph.D., dean of the University of Rochester School of Medicine and Dentistry and a co-author of the study. "However, grant revenue never comes close to paying for the total cost of research. This is especially true in the start-up phase of newly hired investigators."

The authors are quick to point out that, regardless of the financial implications, research should remain a core mission of academic medicine in that this activity is critical for the advancement of medical knowledge. Research is also an important source of prestige, and an institution's national reputation is often closely linked to the success (and size) of its research enterprise an important factor in the competition for faculty, patients, partnerships, and philanthropy. Furthermore, in places like Rochester, academic medical centers play an important role in their local economies, both as employers and as a source of technological innovation for biotechnology and medical device companies. But these benefits come at a cost.

The study, which appears in the January edition of Academic Medicine, followed 25 basic biomedical science faculty members who were recruited to the University of Rochester between 1999 and 2004. Of that number, 23 were hired from outside the University. At the time, the Unive
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Contact: Mark Michaud
mark_michaud@urmc.rochester.edu
585-273-4790
University of Rochester Medical Center
Source:Eurekalert

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