High-risk, high-reward and the NIH

June 12, 2008

National Institutes of HealthImage via Wikipedia

(The NIH needs to) continue to maximize the freedom of scientists to pursue high-risk, high-impact research

Those words were spoken by Elias Zerhouni, Director of the National Institutes of Health (via Genomeweb, free sub reqd). I have many questions, but foremost I would like to understand what the NIH considers “high-risk” and “high-impact”

The NIH really needs to start consider how to fund projects which could fail completely, and how to fast track funding. The funding process doesn’t work for teams that want to act fast, especially when you are a new group without too much of a track record.

I am not an academic, haven’t been since I finished grad school, but would love to hear what your expectations are, and perhaps what you really think will happen.

Further reading
NIH funding
HHMI goes farming

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