Guest Post: Leveraging Knowledge
I have a guest post up at Socializing Finance, a blog dedicated to topics and issues in the world of Social Studies of Finance. An excerpt it below. You can read the rest on their blog here . In a financial report for the US Woods Hole Oceanographic Institute, I read about their S&P Credit rating. Among other things, the rating rests on relatively stable Federal funding. Following the trail, I turned up credit ratings for other large research groups entire academic institutions. Brief skims of the credit reports indicates Federal funding as a key variable for credit rating decisions. For instance, an except from Moody's review of UCAR (closely associated with the National Center for Academic Research): STRENGTH: A substantial portion of UCAR's funding is received through a cooperative agreement from the National Science Foundation. CHALLENGE: UCAR is heavily reliant on federal funding for its research (98% of operating revenue...