Re:Scientific grant applications are getting heavier on hype
by jltsiren on Thursday September 01, 2022 @01:34AM
(#32672386)
You can do many kinds of research with minimal overhead, as long as everyone is self-employed and your funding comes with minimal restrictions and reporting requirements.
I did that for a couple of years as a CS postdoc on a private grant. I believe my overhead rate was 15-20%, which was mostly health and other insurances. To reach that, I did accounting and taxes on my own. I also had a loose affiliation with a university, so I didn't have to pay for office space or computing.
If you start using paid services, hire employees, and accept more restrictive grants, your overhead rate can easily climb above 50%.
In wet lab disciplines the story is more complicated. But there are many possible configurations that are more efficient than the current university-as-gatekeeper system.