2min chapter

People I (Mostly) Admire cover image

93. Annie Duke Thinks You Should Quit

People I (Mostly) Admire

CHAPTER

Should Academics Do Their Research While Employed for University?

Morgan: Academics do their research and they come up with some kind of insight or invention. And then they're able to go and launch companies in which they can benefit potentially, dramatically, financially from the insights that they've gained by doing academic sphere. Morgan: The downsides of academics doing this? If you're spending your time trying to commercialize an idea, you're distracted from the basic tasks that the university pays you to do. These incentives could distort people away from the projects that have the greatest social benefit and towards the projects thathave the greatest personal benefit.

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