For the Greater Good: Boosting the Value of Industry Partnerships

11 practices to help you achieve your growth targets through more strategic recruitment and management.

The flat-lining federal research funding environment for the past five years has forced many universities to use their own funds to close funding gap. As research costs continue to rise, chief research officers feel the increasing pressure of this unsustainable funding model for long-term growth.

Unfortunately, beyond one-time increases, the deceleration of federal funding appears to be the new normal. As a result, other external funding sources (e.g., industry, nonprofit, philanthropy) present the greatest growth potential.