Abstract

'Research, teaching, and service' is growing to include business. With unbridled enthusiasm, academicians bring discoveries to market instead of having them sit fallow in the public domain. Dilemmas have emerged. Academic scientists underwrite their work with public funds and employ a utilitarian labor force, namely, students seeking an education. The benefits from a successful business are significantly higher than in academic ventures, so the temptation increases to abrogate professional responsibilities and loyalties in favor of personal gain. Safeguards are needed for the institution and its students while simultaneously permitting the development of scientifically, socially, and economically important discoveries