By Jarrett Carter, Education Dive
Higher education commands nearly $70 billion in funded research, but many institutions do not take advantage of technological advancement which could generate billions by cutting delays in experiments and savings on personnel. Improving recruitment strategies for graduate assistants, building networks for peer review and publishing and implementing cloud-based data storage and virtual-lab work are ways to expedite the research process while cutting costs. Smaller laboratories are frequently hampered by the antiquated systems of research management, but all institutions can benefit from cost savings and expedited systems, specifically in areas like pharmaceuticals and disease research.
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