In a recent post, I noted that the European University Association is leading an effort to assist universities in assessing and managing the full costs of proposed collaborations in research, instruction, economic development, etc.
I invest a good portion of my time each day consulting with MU academic units that are pursuing new international initiatives. Sometimes these proposals offer very enticing financial incentives to the academic units -- but they carry indirect or unanticipated costs to the university that add to our fiscal stress.
I'm convinced that with full-costing, we can make agreements that work better for all parties involved.
For more background on the EUA project, see this article.
