See the link below. From the article:
"UNIVERSITY PARK, Pa. — Penn State’s research expenditures reached a record high for the second consecutive year in fiscal year 2017-2018, according to Vice President for Research Neil Sharkey. The $927 million total represents a $64 million increase over last year’s figure, and includes a record $562 million in federal funds and $365 million from a combination of private funders, the Commonwealth, and University sources.
Sharkey cited a 14 percent increase in defense-related funding and an 11 percent rise in funding from industry, foundations, and other sponsors as major factors in achieving the record total.
“Our defense funding levels demonstrate the continuing confidence the Department of Defense has in our research, a partnership of trust that has been decades in the making,” Sharkey said. “The jump in private funding shows how much effort we’ve been putting into translating our work into real-world impacts and supporting the private sector.”
Federal funding went from $534 million to $562 million, and while a $28 million increase from the Department of the Navy accounted for the bulk of that rise, the University also enjoyed increased support from the National Institutes of Health, NASA, and the Department of Energy, Sharkey noted. Research funding from the Commonwealth of Pennsylvania fell slightly, from $75 million to $73 million, while funding from industry, foundations, and other sponsors climbed from $91 million to $101 million."
https://news.psu.edu/story/536455/2...research-expenditures-rise-record-927-million
Who will be the first to tell us that this is actually bad news or that Sharkey is a toady who couldn't identify quality research with a flashlight and both hands?
I hate us.
"UNIVERSITY PARK, Pa. — Penn State’s research expenditures reached a record high for the second consecutive year in fiscal year 2017-2018, according to Vice President for Research Neil Sharkey. The $927 million total represents a $64 million increase over last year’s figure, and includes a record $562 million in federal funds and $365 million from a combination of private funders, the Commonwealth, and University sources.
Sharkey cited a 14 percent increase in defense-related funding and an 11 percent rise in funding from industry, foundations, and other sponsors as major factors in achieving the record total.
“Our defense funding levels demonstrate the continuing confidence the Department of Defense has in our research, a partnership of trust that has been decades in the making,” Sharkey said. “The jump in private funding shows how much effort we’ve been putting into translating our work into real-world impacts and supporting the private sector.”
Federal funding went from $534 million to $562 million, and while a $28 million increase from the Department of the Navy accounted for the bulk of that rise, the University also enjoyed increased support from the National Institutes of Health, NASA, and the Department of Energy, Sharkey noted. Research funding from the Commonwealth of Pennsylvania fell slightly, from $75 million to $73 million, while funding from industry, foundations, and other sponsors climbed from $91 million to $101 million."
https://news.psu.edu/story/536455/2...research-expenditures-rise-record-927-million
Who will be the first to tell us that this is actually bad news or that Sharkey is a toady who couldn't identify quality research with a flashlight and both hands?
I hate us.
