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Brian Wandell's avatar

An idea I have heard from Michael Kratsios at a NASEM presentation.

The cuts will be filled in by a private-public partnership. I think this means the Sand Hill road crowd will use their very deep pockets to select projects that they partially fund. I suppose they will want IP. They will leverage the public investment for private ownership of the IP, getting in early and taking the research to market.

This breaks the current, successful model of peer review, replacing it with a for profit model in which research directions are heavily influenced by private, say, VC firms. They partially fund, and probably significantly own.

The idea is floating around. Not sure how deeply embedded it is in administration thinking.

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Phyllis Robinson's avatar

Thanks for putting this together

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