On most U.S. campuses these days, grantsmanshipthe fine art of picking off research fundsis almost as important to professorial prestige as the ability to teach or carry out the research once a grant is landed. The competition is keen and the potential prizes are well worth the effort: the Federal Government and private foundations annually present the nation's universities with a $5 billion bonanza in research money.
To be sure, tough screening and accounting procedures help make certain that the bonanza is not a boondoggle; both the givers and the receivers of grants rightly insist that money invested in research has...
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