BloggerBy . In response to state budget cuts for higher education and new laws regulating the selling of academic patents, universities since 1980 have increased their spending on research.  Although many people believe that research brings extra revenue to these institutions, a recent study reveals how research activities rarely cover their true costs. In Understandingthe high Cost of Success in University Research,"Karen Holbrook and Paul Sanberg show how in the case of two university systems, “the findings demonstrated that 40 cents was spent from university funds for each one dollar of external funding received.” If we apply this same math to the University of California’s research budget of $5.2 billion, we can assume that UC had to find an additional $2 billion from other sources to make up for the additional costs. More...