The Science, Health, and Technology Room
Yep. More welfare payments from the taxpayer.
Where do these researchers and inventors - who make millions or billions off their patents - get off sponging off the public tit like this? WELFARE QUEENS! This needs to be defunded immediately!
DRAIN THE SWAMP!
NIH research grants yield economic windfall
More than 30% of biomedical studies funded by the US government are later cited in commercial patents.
US President Donald Trump wants to gut government funding for biomedical research, but an analysis suggests that projects backed by the country’s National Institutes of Health (NIH) have much broader economic benefits than suspected.
Between 1980 and 2007, 8.4% of NIH grants led directly to a patent, researchers report today in Science1. But more than three times that number — 30.8% — produced a scientific article that was later cited in a commercial patent for a drug, device or other medical technology. That indirect benefit was more pronounced for patents related to drugs sold in the United States, with less than 1% of NIH grants leading directly to patents but 5% spawning papers that were mentioned in a patent related to a drug that reached the market.
Politicians tend to focus on how often academic researchers obtain patents or create companies based on their work, says Marty Grueber, research director for the consulting firm TEConomy Partners in Cleveland, Ohio. But the analysis shows that research supported by the NIH has a surprisingly big indirect impact on patent activity — a proxy for overall economic benefit.
“Whether we focus on scientific or technological advancement, these findings....
http://www.nature.com/news/nih-resea...ndfall-1.21752
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Originally Posted by OGIS
