The Rise Of Australasia

Chapter 390: Chapter 331: Royal Science Academy_2

Of the 1607 technical personnel sent by Europe, more than a hundred are research talents engaged in various scientific research work.

These talents are spread across fields such as physics, chemistry, medical care, and technology, and they are all talents that Arthur and Australasia urgently need.

Unsurprisingly, Arthur included more than a hundred of these talents into the Royal Science Academy, which brought the size of the academy to over two hundred people, precisely 221.

Among them, there are 155 first-level academicians, 58 second-level academicians, 6 third-level academicians, 1 vice president, and 1 president.

Naturally, the presidency of the Royal Science Academy was held by the former president of the Royal Australasian Physical and Chemical Research Association, Albert Einstein, and Tesla became the vice president of the Royal Science Academy.

The main reason is that, among the 221 talents in the Royal Science Academy, Arthur was more familiar with and had the highest reputation with Einstein and Tesla.

Others also have some reputation, but compared to Einstein and Tesla, they are currently inferior by a large margin.

Of course, there are still many promotion channels in the Royal Science Academy. In addition to producing universally acknowledged research results, contributions to the Association and the royal family and the profits brought by the research results can all help the academicians advance their rankings.

However, after the Royal Australasian Physical and Chemical Research Association was upgraded to the Royal Science Academy, the number of people doubled, which also means that the research funding for the Royal Science Academy will increase significantly every year.

Theoretically speaking, although the number of people doubled, most of them are first-level members, so the research funding for each person can still be calculated according to the previous 30,000 AUD of the Physical and Chemical Research Association.

By this calculation, the annual research funding for the Royal Science Academy is about 6 million to 7 million AUD, which is a significant expenditure.

Arthur's royal financial group can afford this expense, but they cannot let these technical experts have access to this research budget without restrictions.

To deal with the skyrocketing research budget of the Royal Science Academy, Arthur decided to implement a policy in the Royal Science Academy after consulting with Einstein and Tesla.

First of all, the research budget of the members of the Royal Science Academy is divided according to the current academician level.

According to the level of academicians, first-level academicians can apply for up to 10,000 AUD per year, second-level academicians can apply for 20,000 AUD, third-level academicians can apply for 30,000 AUD, and honorary vice-presidents and vice presidents can apply for 50,000 AUD.

For the highest-ranked honorary president and vice president, they can apply for up to 100,000 AUD in research funding.

Of course, academicians can also apply for research funding according to the research project. According to the estimated time required for each research project, they can apply for research funding from one month to two years.

This also means that first-level academicians can apply for up to 20,000 AUD in research funding based on the project.

Although in theory, academicians' research funding applications will generally not be refused, if the research fails in the previous year or project, the next year or project's research funding will be reduced by half until the project is successful.

This can ensure that the research funding of the Royal Science Academy is put to good use, and technical experts who are not sure about their research projects should also consider whether their reckless actions might lead to a reduction in their research funding for the next year or project.

Arthur is not afraid of these experts spending money, but he does not want them to become complacent and even affect the progress of scientific research because it is too easy to obtain research budgets.

Although research budgets will be reduced to some extent, for those who are truly capable, such as talents like Einstein and Tesla, research budgets will not be affected.

The most affected are the first-level academicians, who make up the majority of the Science Academy and come from ordinary European research experts.

However, even for the most ordinary first-level academicians, the annual research budget of 10,000 AUD is equivalent to 5,000 pounds and 25,000 US dollars, which is not a small amount.

However, Arthur's family business is large, so in Arthur's view, this 10,000 Australian dollars is not much.

In the whole of Australasia, the number of people earning more than 10,000 Australian dollars a year definitely does not exceed a thousand people.

Even if the royal family is not taken into account, it can be estimated that the number of people earning more than 10,000 Australian dollars a year, in addition to the highest echelons of government officials, is limited to only Australasia's top capitalists.

Unfortunately, in Australasia, whether it is high-level officials or top capitalists, their numbers are very small, and certainly no more than two hundred.

By comparison, the fact that a First-Class Fellow can receive a research budget of 10,000 Australian dollars annually is not a small amount.

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The money they spend each year is a huge sum that ordinary Australasian families would take fifty years to earn back.

If you consider the expenses of a family for food, clothing, housing, and transportation, and other expenses, this 10,000 Australian dollars might take a family a hundred years to earn back.

Of course, although it reduced the research budget of ordinary researchers to some extent, for middle and upper-level researchers, this reduced budget is actually not important.

After all, the projects that these fellows undertake independently are mostly small ones, and the expenses of these projects theoretically are not too large, so it is not a problem to save 10,000 Australian dollars.

Arthur also established special funds for large-scale projects, which involve dozens of fellows.

Theoretically, a Second-Class Fellow can apply to jointly research a medium-sized project with other First and Second-Class Fellows.

The research budget for medium-sized projects is generally around 50,000 Australian dollars, which can be increased appropriately in special circumstances.

Starting with Third-Class Fellows, they can apply to jointly research large-scale projects with other Fellows.

Large-scale projects led by Third-Class Fellows can apply for up to 100,000 Australian dollars in research funds. Those led by vice-deans can apply for up to 200,000 Australian dollars, and those led by Deans can apply for up to 500,000 Australian dollars.

Of course, these research funds are theoretical values. The actual situation varies and may be increased to a certain extent from the theoretical research funds, but it will not double at most.

Other than these, after the completion of successful projects, Fellows will also receive varying rewards based on the Royal Science Academy's assessment level of the project.

If it's an ordinary project, the reward will generally range from 1,000 to several thousand Australian dollars. If the project is important to Australasia, the reward will usually be between 10,000 and 30,000 Australian dollars.

As for those projects with an extremely important strategic value that can change a particular industry in Australasia, there is no theoretical valuation for such project rewards, and it depends on Arthur's mood at the time.

However, no matter what, once such an important project is successfully researched, the reward will definitely not be less than other projects, and even medals and titles of nobility are possible.

These various reward policies make Fellows of the Royal Science Academy earn much higher salaries than their basic salary.

This is also the gift Arthur has prepared for the researchers. As long as they work for Australasia, they are important talents in Arthur's heart and deserve special rewards.

Of course, in addition to all kinds of funds and policies mentioned above, all Fellows of the Royal Science Academy will receive a villa near the Royal Science Academy and a Benz One produced by the Benz Automobile Factory.

If Fellows don't know how to drive, the Car Factory's employees can provide personal training to them or they can request the Royal Science Academy to hire a driver for them.

After all, a driver's salary is only about 50 Australian dollars. For the Royal Science Academy, allowing a Fellow to travel quickly between their residence and the Royal Science Academy and get more involved in their work is far more important than the few dozen Australian dollars.