http://www.universityaffairs.ca/images/BlogTheBlackHole.pngBy Jonathan Thon. In my previous blog post, I highlighted the fact that despite their academic laurels, publically funded research institutes are no less aware of their bottom line and profit margins, and no less risk-averse, than private businesses. The problem is that while research departments are run like corporations, few principal investigators see themselves as small business owners. The result is a clear lack of push-back from academic faculty against institutional policies that ultimately take advantage of the basic research lab. More...