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September 09, 1982 - Image 21

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The Michigan Daily, 1982-09-09

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The Michigan Daily-Thursday, September 9, 1982-Page 21

CARDS,

GIFTS

POSTERS

RECORDS

I

CHILDREN'S BOOKS

A

H ow's the weather? DailyPhoto by DOUGMcMAHON
Many new students to the University ask what the weather is like in Ann to be snowed out of a game in March. Pictured is the team pullinv a tarp
Arbor. Ask any member of the baseball team; they know what it's like over the Fisher Stadium field.
'U' community examines research corporation

BESTSELLERS
CHRISTIAN
LITERATURE
BIBLES
The Christ ian Resource Center

(Continued from Page 16)
ction at the rate necessary," Hancock
told a faculty panel in May.
Hancock, who developed his plan
with Larry Crockett, a research staff
member, said he would like the Univer-
sity to commit $200,000 as a base budget
for the MRC. That $200,000 would buy a
part of the corporation, and private in-
dustry and individuals would purchase
the remainder.
The University's initial investment
would represent its share of ownership
in the company, which would mean the
University would have minority
representation on the MRC board of
directors. r
That would leave it up to private

sources to control the activities of the
corporation.
ASKED BY, a faculty member in May
replied: "If you want control, you must
supply the equity . . . You can't have
control without putting the money into
it."
Although some observers see a lack
of control as a problem, others would
prefer that the MRC be set up as distin-
ct from the University as possible. They
argue that such an arrangement will
allow faculty members to pursue their
entreprenurial interests as individuals,
without the red tape of the University.
Thus far, the MRC has remained but
a gleam in certain professors' eyes.
Several schools and colleges are
scheduled to debate the merits of the
MRC proposal in the early fall.

REACTION to the MRC at the June
faculty Senate Assembly meeting was
mixed, and the assembly decided to
table the matter until the fall.
Senate Assembly Chairman Ronald
Bishop, a professor of internal
medicine, said that he believed the ad-
ministration would turn the MRC plan
down if the faculty opposed it. "The
administration does not want to take
any money out of the pot and put it into
the MRC unless there is strong support
from the faculty," Bishop said in July.
Thus far, both University President
Harold Shapiro and Vice President for
Research Charles Overberger have
declined to comment on the MRC,
saying they are awaiting the recom-
how the University would protect its
beliefs if it were outvoted, Hancock

mendations of the various faculty
bodies.
The final decision on University sup-
port for the MRC rests with the Regen-
ts, upon the recommendation of the
administration.
OFA

M-S 9:30-6
Th, F 9:30-9

1 , I

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