Pierre Azoulay

Pierre Azoulay, an economist from MIT Sloan, and Dan Gross, a business professor at Duke, delve into the complexities of science funding. They discuss the proposed 15% cap on indirect costs, which could reshape how universities conduct research. Their empirical study reveals the opaque nature of funding overhead and its implications for research infrastructure. They argue the necessity of federal funding for comprehensive research efforts and warn that capping indirect costs may disadvantage critical, capital-intensive projects.