NIH retards innovation
A couple letters on the Wall St. Journal's editorial page tell it like it is. Dr. Michael Brooks from Wake Forest describes the two ways of doing innovative research with NIH money:- Lie about what you plan to do with the money- Do the experiments first, then apply for the grant and use the money for something else
Giri Venkatraman suggests addressing the problem by reducing the amount of preliminary data needed for grant approval and shortening the review cycle.