The A-Myth: running your lab as a business

A-Myth stands for “The Academic Myth.” I want to challenge the conventional wisdom that research groups in academia should not be managed as businesses. It is tempting to take cover behind our non-profit status, our noble pursuit of knowledge, and other excuses to dismiss the idea that management methods used to run for-profit organizations do not apply to academic research groups or research institutes. Our metrics of success may not be the same but we will see that the methods to reach our own success may not be that different.

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