When asked to address this topic, I learned quickly that there is little written on the subject that is applicable today. One might conclude that the facts in this area are either in the domain of common knowledge, so that one need not attempt to express them, they are so boring that one would not wish to enumerate them, or they are so complex that they defy elaboration. We all understand that a successful research program is a valuable asset to the individual, the department, the institution in which he is housed, and the specialty, in terms of providing important answers to substantive clinical questions. If we accept the premise that a research program has value, then we can agree that the strategy for developing it has some similarities to the strategy for developing a sound investment portfolio. In that case, it becomes clear that the options for acquiring either
Bailey BJ. The Development of Research Programs in Otolaryngology. Arch Otolaryngol. 1982;108(10):635–638. doi:10.1001/archotol.1982.00790580029011
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